Georgia - Gross fixed capital formation

Gross fixed capital formation, private sector (current LCU)

The value for Gross fixed capital formation, private sector (current LCU) in Georgia was 1,707,034,000.00 as of 2002. As the graph below shows, over the past 9 years this indicator reached a maximum value of 1,714,211,000.00 in 2001 and a minimum value of 0.00 in 1994.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

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

Year Value
1993 239,300.00
1994 0.00
1995 31,988,400.00
1996 645,104,800.00
1997 748,869,400.00
1998 1,166,566,000.00
1999 1,365,229,000.00
2000 1,483,423,000.00
2001 1,714,211,000.00
2002 1,707,034,000.00

Gross fixed capital formation, private sector (% of GDP)

Gross fixed capital formation, private sector (% of GDP) in Georgia was 22.89 as of 2002. Its highest value over the past 9 years was 25.68 in 2001, while its lowest value was 0.00 in 1994.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

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

See also:

Year Value
1993 1.46
1994 0.00
1995 1.32
1996 16.68
1997 16.44
1998 23.23
1999 24.08
2000 24.55
2001 25.68
2002 22.89

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Georgia was $3,546,721,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $4,425,911,000 in 2018 and $66,531,340 in 1994.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

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

See also:

Year Value
1990 $1,809,150,000
1991 $1,225,166,000
1992 $603,512,300
1993 $82,648,710
1994 $66,531,340
1995 $108,635,600
1996 $574,589,000
1997 $647,991,800
1998 $923,372,200
1999 $733,819,200
2000 $778,047,400
2001 $876,825,000
2002 $831,436,200
2003 $1,091,718,000
2004 $1,443,395,000
2005 $1,845,479,000
2006 $2,030,330,000
2007 $2,683,508,000
2008 $2,819,828,000
2009 $1,691,829,000
2010 $2,316,389,000
2011 $3,068,900,000
2012 $3,646,400,000
2013 $3,229,830,000
2014 $3,852,296,000
2015 $3,641,607,000
2016 $4,016,014,000
2017 $4,140,665,000
2018 $4,425,911,000
2019 $4,200,300,000
2020 $3,546,721,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Georgia was 11,026,760,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 11,836,860,000 in 2019 and a minimum value of 3,500 in 1990.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
1990 3,500
1991 3,700
1992 24,400
1993 501,700
1994 23,880,000
1995 98,088,400
1996 718,204,900
1997 840,769,400
1998 1,283,318,000
1999 1,485,629,000
2000 1,537,811,000
2001 1,817,658,000
2002 1,825,584,000
2003 2,342,500,000
2004 2,766,700,000
2005 3,345,300,000
2006 3,614,800,000
2007 4,482,800,000
2008 4,203,800,000
2009 2,826,200,000
2010 4,128,500,000
2011 5,175,700,000
2012 6,021,300,000
2013 5,372,500,000
2014 6,802,000,000
2015 8,263,900,000
2016 9,504,700,000
2017 10,391,000,000
2018 11,215,700,000
2019 11,836,860,000
2020 11,026,760,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Georgia was 3,432,024,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 4,115,146,000 in 2018 and 2,263,826,000 in 2010.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2010 2,263,826,000
2011 2,600,978,000
2012 2,758,119,000
2013 2,470,982,000
2014 3,137,267,000
2015 3,641,607,000
2016 3,906,271,000
2017 4,037,545,000
2018 4,115,146,000
2019 4,112,034,000
2020 3,432,024,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Georgia was -16.54 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 26.96 in 2014 and a minimum value of -16.54 in 2020.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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

See also:

Year Value
2011 14.89
2012 6.04
2013 -10.41
2014 26.96
2015 16.08
2016 7.27
2017 3.36
2018 1.92
2019 -0.08
2020 -16.54

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Georgia was 7,788,293,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 9,338,500,000 in 2018 and a minimum value of 5,137,300,000 in 2010.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

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

Year Value
2010 5,137,300,000
2011 5,902,400,000
2012 6,259,000,000
2013 5,607,400,000
2014 7,119,400,000
2015 8,263,900,000
2016 8,864,500,000
2017 9,162,400,000
2018 9,338,500,000
2019 9,331,438,000
2020 7,788,293,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Georgia was 22.38 as of 2020. Its highest value over the past 30 years was 28.79 in 2005, while its lowest value was 2.65 in 1994.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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

See also:

Year Value
1990 23.33
1991 19.27
1992 16.35
1993 3.06
1994 2.65
1995 4.03
1996 18.57
1997 18.46
1998 25.55
1999 26.21
2000 25.45
2001 27.23
2002 24.48
2003 27.35
2004 28.16
2005 28.79
2006 26.21
2007 26.38
2008 22.04
2009 15.71
2010 18.92
2011 20.31
2012 22.11
2013 18.79
2014 21.85
2015 24.35
2016 26.52
2017 25.49
2018 25.15
2019 24.03
2020 22.38

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts