Georgia - 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

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts