High income - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in High income was $11,931,700,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $12,529,800,000,000 in 2019 and $628,676,000,000 in 1970.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." 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
1970 $628,676,000,000
1971 $689,428,000,000
1972 $808,083,000,000
1973 $1,025,270,000,000
1974 $1,165,060,000,000
1975 $1,152,320,000,000
1976 $1,309,620,000,000
1977 $1,489,950,000,000
1978 $1,816,690,000,000
1979 $2,146,030,000,000
1980 $2,321,660,000,000
1981 $2,290,690,000,000
1982 $2,157,510,000,000
1983 $2,208,060,000,000
1984 $2,426,680,000,000
1985 $2,490,500,000,000
1986 $3,027,280,000,000
1987 $3,545,580,000,000
1988 $4,139,030,000,000
1989 $4,379,120,000,000
1990 $4,835,740,000,000
1991 $4,957,320,000,000
1992 $5,177,410,000,000
1993 $5,084,270,000,000
1994 $5,619,010,000,000
1995 $6,307,960,000,000
1996 $6,329,960,000,000
1997 $6,206,510,000,000
1998 $6,178,730,000,000
1999 $6,508,930,000,000
2000 $6,758,960,000,000
2001 $6,367,980,000,000
2002 $6,410,720,000,000
2003 $7,170,360,000,000
2004 $8,143,890,000,000
2005 $8,784,300,000,000
2006 $9,462,980,000,000
2007 $10,372,300,000,000
2008 $10,783,100,000,000
2009 $8,820,040,000,000
2010 $9,592,590,000,000
2011 $10,596,100,000,000
2012 $10,572,600,000,000
2013 $10,678,300,000,000
2014 $11,097,300,000,000
2015 $10,623,800,000,000
2016 $10,750,900,000,000
2017 $11,412,900,000,000
2018 $12,247,300,000,000
2019 $12,529,800,000,000
2020 $11,931,700,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in High income was 11,188,000,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 11,873,000,000,000 in 2019 and 3,386,890,000,000 in 1970.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." 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
1970 3,386,890,000,000
1971 3,456,480,000,000
1972 3,645,960,000,000
1973 4,003,780,000,000
1974 3,917,390,000,000
1975 3,505,090,000,000
1976 3,824,830,000,000
1977 3,972,660,000,000
1978 4,168,220,000,000
1979 4,437,460,000,000
1980 4,334,800,000,000
1981 4,275,310,000,000
1982 4,103,860,000,000
1983 4,226,290,000,000
1984 4,678,040,000,000
1985 4,863,380,000,000
1986 5,080,710,000,000
1987 5,329,280,000,000
1988 5,768,740,000,000
1989 6,144,280,000,000
1990 6,331,180,000,000
1991 6,271,320,000,000
1992 6,302,400,000,000
1993 6,236,680,000,000
1994 6,599,230,000,000
1995 6,889,560,000,000
1996 7,197,260,000,000
1997 7,556,180,000,000
1998 7,857,010,000,000
1999 8,224,700,000,000
2000 8,661,390,000,000
2001 8,509,270,000,000
2002 8,443,300,000,000
2003 8,673,450,000,000
2004 9,121,310,000,000
2005 9,508,040,000,000
2006 9,945,460,000,000
2007 10,189,700,000,000
2008 9,902,060,000,000
2009 8,399,150,000,000
2010 9,049,040,000,000
2011 9,427,380,000,000
2012 9,538,760,000,000
2013 9,773,490,000,000
2014 10,201,400,000,000
2015 10,623,800,000,000
2016 10,709,700,000,000
2017 11,158,100,000,000
2018 11,513,300,000,000
2019 11,873,000,000,000
2020 11,188,000,000,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in High income was -5.77 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 10.69 in 1984 and a minimum value of -15.18 in 2009.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." 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
1971 2.05
1972 5.48
1973 9.81
1974 -2.16
1975 -10.52
1976 9.12
1977 3.86
1978 4.92
1979 6.46
1980 -2.31
1981 -1.37
1982 -4.01
1983 2.98
1984 10.69
1985 3.96
1986 4.47
1987 4.89
1988 8.25
1989 6.51
1990 3.04
1991 -0.95
1992 0.50
1993 -1.04
1994 5.81
1995 4.40
1996 4.47
1997 4.99
1998 3.98
1999 4.68
2000 5.31
2001 -1.76
2002 -0.78
2003 2.73
2004 5.16
2005 4.24
2006 4.60
2007 2.46
2008 -2.82
2009 -15.18
2010 7.74
2011 4.18
2012 1.18
2013 2.46
2014 4.38
2015 4.14
2016 0.81
2017 4.19
2018 3.18
2019 3.12
2020 -5.77

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in High income was 22.32 as of 2020. Its highest value over the past 50 years was 27.80 in 1974, while its lowest value was 20.30 in 2009.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." 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
1970 26.35
1971 26.03
1972 26.30
1973 27.58
1974 27.80
1975 24.64
1976 25.70
1977 25.81
1978 26.27
1979 26.84
1980 26.00
1981 25.27
1982 24.02
1983 23.81
1984 25.09
1985 24.52
1986 24.55
1987 24.80
1988 25.71
1989 25.99
1990 25.54
1991 24.74
1992 24.02
1993 23.41
1994 24.03
1995 24.30
1996 24.17
1997 24.12
1998 23.92
1999 23.99
2000 24.40
2001 23.22
2002 22.41
2003 22.37
2004 22.83
2005 23.29
2006 23.76
2007 23.82
2008 23.28
2009 20.30
2010 21.08
2011 21.57
2012 21.51
2013 21.46
2014 21.82
2015 22.11
2016 21.89
2017 22.23
2018 22.45
2019 22.76
2020 22.32

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts