Jamaica - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Jamaica was 181,667,000,000 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 231,392,000,000 in 2007 and a minimum value of 170,404,000,000 in 2010.

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
2007 231,392,000,000
2008 213,124,000,000
2009 174,909,000,000
2010 170,404,000,000
2011 184,289,000,000
2012 175,160,000,000
2013 185,032,000,000
2014 190,625,000,000
2015 181,443,000,000
2016 181,576,000,000
2017 190,001,000,000
2018 200,896,000,000
2019 204,639,000,000
2020 181,667,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts