Greece - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Greece was -0.30 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 24.30 in 1972 and a minimum value of -33.51 in 1974.

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
1961 13.19
1962 4.88
1963 -6.59
1964 18.73
1965 15.32
1966 4.93
1967 -1.45
1968 23.38
1969 15.75
1970 -9.20
1971 12.02
1972 24.30
1973 5.83
1974 -33.51
1975 11.67
1976 6.82
1977 12.36
1978 12.27
1979 4.28
1980 -15.87
1981 -9.75
1982 -3.22
1983 6.36
1984 -16.24
1985 9.35
1986 0.11
1987 -5.63
1988 2.57
1989 6.11
1990 4.46
1991 4.25
1992 -3.49
1993 -3.99
1994 -3.08
1995 4.13
1996 9.05
1997 3.50
1998 22.59
1999 7.40
2000 2.86
2001 5.37
2002 -0.33
2003 15.10
2004 2.96
2005 -11.88
2006 19.39
2007 15.89
2008 -7.19
2009 -13.93
2010 -19.35
2011 -25.37
2012 -21.68
2013 -6.62
2014 -3.19
2015 0.17
2016 2.33
2017 8.46
2018 -4.34
2019 -3.29
2020 -0.30

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts