Georgia - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts