France - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in France was 548,354,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 593,921,000,000 in 2019 and a minimum value of 11,979,000,000 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 11,979,000,000
1961 12,829,000,000
1962 14,783,000,000
1963 16,591,000,000
1964 19,448,000,000
1965 20,773,000,000
1966 23,163,000,000
1967 25,056,000,000
1968 26,874,000,000
1969 31,922,000,000
1970 35,437,000,000
1971 38,399,000,000
1972 43,273,000,000
1973 50,663,000,000
1974 60,961,000,000
1975 58,718,000,000
1976 72,131,000,000
1977 78,494,000,000
1978 84,760,000,000
1979 98,985,000,000
1980 116,322,000,000
1981 119,941,000,000
1982 139,453,000,000
1983 141,489,000,000
1984 150,097,000,000
1985 160,392,000,000
1986 177,231,000,000
1987 190,567,000,000
1988 215,970,000,000
1989 241,985,000,000
1990 257,167,000,000
1991 257,666,000,000
1992 248,364,000,000
1993 223,209,000,000
1994 239,718,000,000
1995 249,906,000,000
1996 245,723,000,000
1997 251,471,000,000
1998 279,579,000,000
1999 299,308,000,000
2000 332,505,000,000
2001 340,940,000,000
2002 338,455,000,000
2003 345,475,000,000
2004 373,003,000,000
2005 396,492,000,000
2006 429,468,000,000
2007 469,126,000,000
2008 480,759,000,000
2009 413,100,000,000
2010 437,892,000,000
2011 477,972,000,000
2012 472,626,000,000
2013 471,862,000,000
2014 488,208,000,000
2015 499,315,000,000
2016 505,123,000,000
2017 538,386,000,000
2018 563,820,000,000
2019 593,921,000,000
2020 548,354,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts