Italy - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Italy was 283,500,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 388,061,000,000 in 2007 and a minimum value of 182,484,000,000 in 1970.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 182,484,000,000
1971 185,624,000,000
1972 192,463,000,000
1973 206,130,000,000
1974 212,096,000,000
1975 198,817,000,000
1976 199,871,000,000
1977 205,893,000,000
1978 208,411,000,000
1979 222,318,000,000
1980 237,633,000,000
1981 233,923,000,000
1982 226,037,000,000
1983 222,783,000,000
1984 231,659,000,000
1985 234,053,000,000
1986 240,570,000,000
1987 252,165,000,000
1988 270,292,000,000
1989 282,144,000,000
1990 294,351,000,000
1991 298,169,000,000
1992 293,882,000,000
1993 260,914,000,000
1994 262,787,000,000
1995 281,275,000,000
1996 288,257,000,000
1997 293,938,000,000
1998 305,839,000,000
1999 319,173,000,000
2000 340,907,000,000
2001 350,018,000,000
2002 363,512,000,000
2003 361,241,000,000
2004 367,081,000,000
2005 372,772,000,000
2006 382,243,000,000
2007 388,061,000,000
2008 375,816,000,000
2009 339,185,000,000
2010 338,506,000,000
2011 333,656,000,000
2012 301,158,000,000
2013 281,747,000,000
2014 275,494,000,000
2015 280,342,000,000
2016 291,537,000,000
2017 300,917,000,000
2018 310,169,000,000
2019 312,349,000,000
2020 283,500,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts