Lithuania - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Lithuania was $7,376,060,000 as of 2016. Over the past 21 years, the value for this indicator has fluctuated between $13,344,160,000 in 2008 and $1,765,663,000 in 1996.

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
1995 $1,789,846,000
1996 $1,765,663,000
1997 $2,487,001,000
1998 $2,735,414,000
1999 $2,341,954,000
2000 $2,164,618,000
2001 $2,330,396,000
2002 $2,946,046,000
2003 $4,099,170,000
2004 $5,137,341,000
2005 $6,284,164,000
2006 $8,075,344,000
2007 $12,759,660,000
2008 $13,344,160,000
2009 $4,631,849,000
2010 $6,681,654,000
2011 $9,441,526,000
2012 $8,301,311,000
2013 $9,033,577,000
2014 $9,232,220,000
2015 $8,543,909,000
2016 $7,376,060,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Lithuania was 6,668,217,000 as of 2016. As the graph below shows, over the past 21 years this indicator reached a maximum value of 9,324,757,000 in 2007 and a minimum value of 1,765,683,000 in 1995.

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 local currency.

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

Year Value
1995 1,765,683,000
1996 2,045,520,000
1997 2,881,191,000
1998 3,168,977,000
1999 2,713,154,000
2000 2,507,709,000
2001 2,699,763,000
2002 3,136,656,000
2003 3,633,914,000
2004 4,136,587,000
2005 5,051,839,000
2006 6,435,242,000
2007 9,324,757,000
2008 9,118,063,000
2009 3,332,152,000
2010 5,044,950,000
2011 6,791,811,000
2012 6,460,857,000
2013 6,803,722,000
2014 6,958,608,000
2015 7,703,692,000
2016 6,668,217,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Lithuania was 8,668,164,000 as of 2016. Over the past 21 years, the value for this indicator has fluctuated between 10,613,900,000 in 2008 and 2,135,158,000 in 1995.

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
1995 2,135,158,000
1996 2,660,164,000
1997 3,737,685,000
1998 4,520,206,000
1999 3,959,404,000
2000 3,483,256,000
2001 4,045,740,000
2002 4,757,870,000
2003 5,530,146,000
2004 6,757,779,000
2005 7,001,393,000
2006 7,884,332,000
2007 10,270,930,000
2008 10,613,900,000
2009 4,822,975,000
2010 6,681,654,000
2011 7,866,268,000
2012 6,967,740,000
2013 6,966,874,000
2014 7,261,590,000
2015 9,064,563,000
2016 8,668,164,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Lithuania was -4.37 as of 2016. As the graph below shows, over the past 20 years this indicator reached a maximum value of 40.51 in 1997 and a minimum value of -54.56 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
1996 24.59
1997 40.51
1998 20.94
1999 -12.41
2000 -12.03
2001 16.15
2002 17.60
2003 16.23
2004 22.20
2005 3.60
2006 12.61
2007 30.27
2008 3.34
2009 -54.56
2010 38.54
2011 17.73
2012 -11.42
2013 -0.01
2014 4.23
2015 24.83
2016 -4.37

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Lithuania was 6,544,854,000 as of 2016. As the graph below shows, over the past 21 years this indicator reached a maximum value of 8,013,970,000 in 2008 and a minimum value of 1,612,140,000 in 1995.

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 local currency.

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

Year Value
1995 1,612,140,000
1996 2,008,544,000
1997 2,822,120,000
1998 3,412,959,000
1999 2,989,528,000
2000 2,630,015,000
2001 3,054,715,000
2002 3,592,406,000
2003 4,175,509,000
2004 5,102,427,000
2005 5,286,366,000
2006 5,953,025,000
2007 7,755,012,000
2008 8,013,970,000
2009 3,641,563,000
2010 5,044,950,000
2011 5,939,386,000
2012 5,260,957,000
2013 5,260,303,000
2014 5,482,827,000
2015 6,844,152,000
2016 6,544,854,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Lithuania was 17.26 as of 2016. Its highest value over the past 21 years was 32.11 in 2007, while its lowest value was 12.37 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
1995 22.74
1996 21.06
1997 24.57
1998 24.34
1999 21.34
2000 18.76
2001 19.02
2002 20.63
2003 21.80
2004 22.68
2005 24.05
2006 26.73
2007 32.11
2008 27.89
2009 12.37
2010 18.00
2011 21.72
2012 19.37
2013 19.44
2014 19.02
2015 20.64
2016 17.26

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts