Greece - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Greece was 19,271,170,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 60,528,170,000 in 2007 and a minimum value of 85,763,700 in 1960.

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
1960 85,763,700
1961 96,948,300
1962 111,583,100
1963 109,990,200
1964 135,761,500
1965 162,586,700
1966 189,183,800
1967 195,403,500
1968 242,139,800
1969 292,390,800
1970 319,372,000
1971 370,514,000
1972 493,040,000
1973 650,636,000
1974 573,830,000
1975 687,491,000
1976 874,583,000
1977 1,164,761,000
1978 1,582,617,000
1979 2,097,195,000
1980 2,179,575,000
1981 2,380,379,000
1982 2,709,972,000
1983 3,464,802,000
1984 3,485,241,000
1985 4,567,918,000
1986 5,675,357,000
1987 6,047,368,000
1988 7,333,232,000
1989 9,125,618,000
1990 11,287,150,000
1991 13,610,870,000
1992 14,854,390,000
1993 15,910,730,000
1994 16,605,020,000
1995 18,572,770,000
1996 21,423,180,000
1997 23,164,730,000
1998 29,706,930,000
1999 32,780,420,000
2000 34,805,050,000
2001 37,647,880,000
2002 38,580,820,000
2003 45,307,230,000
2004 47,257,010,000
2005 41,500,080,000
2006 51,602,420,000
2007 60,528,170,000
2008 57,626,940,000
2009 49,386,870,000
2010 37,113,290,000
2011 27,804,740,000
2012 21,719,590,000
2013 20,141,440,000
2014 19,202,250,000
2015 18,995,000,000
2016 19,208,560,000
2017 20,855,380,000
2018 20,016,640,000
2019 19,384,310,000
2020 19,271,170,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts