Macao SAR, China - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Macao SAR, China was 52,255,000,000 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 91,139,000,000 in 2015 and a minimum value of 1,565,000,000 in 1982.

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
1982 1,565,000,000
1983 2,063,000,000
1984 2,332,000,000
1985 2,475,000,000
1986 3,090,000,000
1987 3,892,000,000
1988 4,625,000,000
1989 5,341,000,000
1990 5,940,000,000
1991 8,324,000,000
1992 12,549,000,000
1993 14,439,000,000
1994 16,068,000,000
1995 14,780,000,000
1996 11,217,000,000
1997 10,830,000,000
1998 8,681,000,000
1999 8,286,000,000
2000 5,643,000,000
2001 5,093,000,000
2002 5,856,000,000
2003 9,019,000,000
2004 13,721,000,000
2005 24,878,000,000
2006 39,894,000,000
2007 54,157,000,000
2008 51,274,000,000
2009 31,896,000,000
2010 29,938,000,000
2011 40,691,000,000
2012 50,544,000,000
2013 57,928,000,000
2014 86,810,000,000
2015 91,139,000,000
2016 78,725,000,000
2017 79,190,000,000
2018 76,843,000,000
2019 62,858,000,000
2020 52,255,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts