Lower middle income - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Lower middle income was $2,022,350,000,000 as of 2020. Over the past 53 years, the value for this indicator has fluctuated between $2,261,120,000,000 in 2019 and $39,166,170,000 in 1967.

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
1967 $39,166,170,000
1968 $42,376,450,000
1969 $49,185,800,000
1970 $57,430,900,000
1971 $62,113,480,000
1972 $67,629,660,000
1973 $91,837,680,000
1974 $123,295,000,000
1975 $154,847,000,000
1976 $188,640,000,000
1977 $229,908,000,000
1978 $248,840,000,000
1979 $245,243,000,000
1980 $338,137,000,000
1981 $343,081,000,000
1982 $316,092,000,000
1983 $291,188,000,000
1984 $251,219,000,000
1985 $240,599,000,000
1986 $246,748,000,000
1987 $232,838,000,000
1988 $236,515,000,000
1989 $254,115,000,000
1990 $302,519,000,000
1991 $258,365,000,000
1992 $276,975,000,000
1993 $268,692,000,000
1994 $297,125,000,000
1995 $338,746,000,000
1996 $377,636,000,000
1997 $385,905,000,000
1998 $343,373,000,000
1999 $365,796,000,000
2000 $369,973,000,000
2001 $383,874,000,000
2002 $414,442,000,000
2003 $512,986,000,000
2004 $654,536,000,000
2005 $764,901,000,000
2006 $915,132,000,000
2007 $1,182,250,000,000
2008 $1,305,390,000,000
2009 $1,372,490,000,000
2010 $1,667,440,000,000
2011 $1,849,120,000,000
2012 $1,935,880,000,000
2013 $1,839,210,000,000
2014 $1,937,010,000,000
2015 $1,841,710,000,000
2016 $1,889,560,000,000
2017 $2,092,750,000,000
2018 $2,178,860,000,000
2019 $2,261,120,000,000
2020 $2,022,350,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Lower middle income was 2,100,610,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 2,300,030,000,000 in 2019 and -230,925,000,000 in 2001.

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
1960 104,172,000,000
1961 113,032,000,000
1962 117,522,000,000
1963 122,435,000,000
1964 134,534,000,000
1965 149,422,000,000
1966 154,814,000,000
1967 160,341,000,000
1968 173,994,000,000
1969 184,712,000,000
1970 198,424,000,000
1971 207,232,000,000
1972 229,215,000,000
1973 249,939,000,000
1974 307,271,000,000
1975 363,038,000,000
1976 432,542,000,000
1977 470,984,000,000
1978 456,622,000,000
1979 391,431,000,000
1980 446,336,000,000
1981 446,932,000,000
1982 430,956,000,000
1983 886,241,000,000
1984 1,106,330,000,000
1985 1,459,430,000,000
1986 1,406,270,000,000
1987 1,197,770,000,000
1988 547,795,000,000
1989 631,668,000,000
1990 992,389,000,000
1991 782,862,000,000
1992 833,619,000,000
1993 970,952,000,000
1994 1,182,130,000,000
1995 1,263,520,000,000
1996 824,513,000,000
1997 741,435,000,000
1998 242,666,000,000
1999 98,678,420,000
2000 -81,101,920,000
2001 -230,925,000,000
2002 459,412,000,000
2003 -184,116,000,000
2004 386,051,000,000
2005 290,815,000,000
2006 499,736,000,000
2007 1,270,870,000,000
2008 1,277,500,000,000
2009 1,440,410,000,000
2010 1,554,810,000,000
2011 1,591,810,000,000
2012 1,678,580,000,000
2013 1,680,580,000,000
2014 1,788,970,000,000
2015 1,841,710,000,000
2016 1,929,890,000,000
2017 2,094,240,000,000
2018 2,241,950,000,000
2019 2,300,030,000,000
2020 2,100,610,000,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Lower middle income was -8.67 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 184.73 in 2001 and a minimum value of -309.68 in 2004.

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
1961 8.50
1962 3.97
1963 4.18
1964 9.88
1965 11.07
1966 3.61
1967 3.57
1968 8.52
1969 6.16
1970 7.42
1971 4.44
1972 10.61
1973 9.04
1974 22.94
1975 18.15
1976 19.15
1977 8.89
1978 -3.05
1979 -14.28
1980 14.03
1981 0.13
1982 -3.57
1983 105.65
1984 24.83
1985 31.92
1986 -3.64
1987 -14.83
1988 -54.27
1989 15.31
1990 57.11
1991 -21.11
1992 6.48
1993 16.47
1994 21.75
1995 6.88
1996 -34.74
1997 -10.08
1998 -67.27
1999 -59.34
2000 -182.19
2001 184.73
2002 -298.94
2003 -140.08
2004 -309.68
2005 -24.67
2006 71.84
2007 154.31
2008 0.52
2009 12.75
2010 7.94
2011 2.38
2012 5.45
2013 0.12
2014 6.45
2015 2.95
2016 4.79
2017 8.52
2018 7.05
2019 2.59
2020 -8.67

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Lower middle income was 27.39 as of 2020. Its highest value over the past 53 years was 49.64 in 1977, while its lowest value was 24.29 in 1988.

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
1967 30.00
1968 30.10
1969 31.42
1970 33.18
1971 34.06
1972 34.06
1973 37.59
1974 37.83
1975 42.78
1976 46.83
1977 49.64
1978 48.72
1979 41.76
1980 47.43
1981 40.03
1982 35.82
1983 33.39
1984 29.17
1985 26.24
1986 25.31
1987 24.38
1988 24.29
1989 26.09
1990 28.84
1991 26.13
1992 26.71
1993 25.77
1994 26.47
1995 26.60
1996 26.54
1997 26.53
1998 25.90
1999 25.54
2000 24.54
2001 24.91
2002 25.16
2003 27.10
2004 29.81
2005 29.97
2006 30.23
2007 31.81
2008 31.01
2009 32.09
2010 32.06
2011 31.15
2012 31.07
2013 28.99
2014 29.36
2015 28.52
2016 28.05
2017 28.88
2018 29.66
2019 29.23
2020 27.39

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts