Jamaica - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Jamaica was 24.23 as of 2020. Its highest value over the past 55 years was 31.76 in 1969, while its lowest value was 11.83 in 1977.

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.

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

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Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts