Low income - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Low income was 24.92 as of 2020. Its highest value over the past 26 years was 27.55 in 2017, while its lowest value was 19.20 in 1999.

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.

See also:

Year Value
1994 25.96
1995 23.19
1996 23.56
1997 19.83
1998 20.12
1999 19.20
2000 19.67
2001 22.29
2002 22.79
2003 25.10
2004 24.46
2005 25.76
2006 25.26
2007 24.50
2008 22.30
2009 23.22
2010 25.46
2011 23.17
2012 22.42
2013 24.21
2014 25.97
2015 26.56
2016 27.49
2017 27.55
2018 25.75
2019 26.05
2020 24.92

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts