Middle income - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Middle income was $10,215,000,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $10,458,200,000,000 in 2019 and $74,248,100,000 in 1962.

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
1960 $106,051,000,000
1961 $78,471,660,000
1962 $74,248,100,000
1963 $83,632,430,000
1964 $101,458,000,000
1965 $121,305,000,000
1966 $130,315,000,000
1967 $121,108,000,000
1968 $128,487,000,000
1969 $150,094,000,000
1970 $183,512,000,000
1971 $200,686,000,000
1972 $218,384,000,000
1973 $292,499,000,000
1974 $380,000,000,000
1975 $451,887,000,000
1976 $476,603,000,000
1977 $545,082,000,000
1978 $581,337,000,000
1979 $651,224,000,000
1980 $811,272,000,000
1981 $870,482,000,000
1982 $785,631,000,000
1983 $700,484,000,000
1984 $665,547,000,000
1985 $700,929,000,000
1986 $698,463,000,000
1987 $717,443,000,000
1988 $802,307,000,000
1989 $863,350,000,000
1990 $1,004,800,000,000
1991 $937,745,000,000
1992 $983,568,000,000
1993 $1,041,790,000,000
1994 $1,157,470,000,000
1995 $1,270,220,000,000
1996 $1,377,430,000,000
1997 $1,420,530,000,000
1998 $1,325,460,000,000
1999 $1,276,570,000,000
2000 $1,407,660,000,000
2001 $1,452,360,000,000
2002 $1,511,810,000,000
2003 $1,814,650,000,000
2004 $2,290,650,000,000
2005 $2,692,040,000,000
2006 $3,254,400,000,000
2007 $4,213,360,000,000
2008 $5,229,740,000,000
2009 $5,145,440,000,000
2010 $6,478,540,000,000
2011 $7,805,350,000,000
2012 $8,349,030,000,000
2013 $8,846,330,000,000
2014 $9,166,900,000,000
2015 $8,578,080,000,000
2016 $8,510,690,000,000
2017 $9,446,900,000,000
2018 $10,325,400,000,000
2019 $10,458,200,000,000
2020 $10,215,000,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Middle income was 10,393,900,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 10,406,700,000,000 in 2019 and 1,540,010,000,000 in 2000.

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 2,764,600,000,000
1996 2,352,080,000,000
1997 2,347,180,000,000
1998 1,758,520,000,000
1999 1,578,880,000,000
2000 1,540,010,000,000
2001 1,561,590,000,000
2002 2,352,510,000,000
2003 1,998,230,000,000
2004 2,913,110,000,000
2005 3,043,800,000,000
2006 3,651,220,000,000
2007 4,958,190,000,000
2008 5,419,380,000,000
2009 5,819,710,000,000
2010 6,631,160,000,000
2011 7,145,370,000,000
2012 7,571,900,000,000
2013 7,997,510,000,000
2014 8,416,430,000,000
2015 8,578,080,000,000
2016 8,979,550,000,000
2017 9,532,500,000,000
2018 10,092,200,000,000
2019 10,406,700,000,000
2020 10,393,900,000,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Middle income was -0.12 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 50.65 in 2002 and a minimum value of -25.08 in 1998.

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 -14.92
1997 -0.21
1998 -25.08
1999 -10.22
2000 -2.46
2001 1.40
2002 50.65
2003 -15.06
2004 45.78
2005 4.49
2006 19.96
2007 35.80
2008 9.30
2009 7.39
2010 13.94
2011 7.75
2012 5.97
2013 5.62
2014 5.24
2015 1.92
2016 4.68
2017 6.16
2018 5.87
2019 3.12
2020 -0.12

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Middle income was 33.45 as of 2020. Its highest value over the past 60 years was 34.92 in 1977, while its lowest value was 22.98 in 1962.

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
1960 32.13
1961 24.81
1962 22.98
1963 24.15
1964 25.73
1965 27.89
1966 28.95
1967 26.20
1968 26.32
1969 27.51
1970 30.62
1971 31.14
1972 30.23
1973 31.73
1974 32.43
1975 34.91
1976 34.25
1977 34.92
1978 34.36
1979 32.35
1980 34.13
1981 32.52
1982 29.79
1983 27.52
1984 25.82
1985 25.67
1986 24.68
1987 24.63
1988 25.76
1989 27.15
1990 27.55
1991 26.79
1992 26.87
1993 26.56
1994 26.82
1995 26.08
1996 25.83
1997 25.19
1998 24.28
1999 23.92
2000 24.19
2001 24.71
2002 25.10
2003 26.71
2004 28.37
2005 27.99
2006 28.50
2007 29.80
2008 30.90
2009 31.18
2010 32.33
2011 32.76
2012 32.89
2013 32.86
2014 32.96
2015 32.52
2016 32.05
2017 32.37
2018 33.32
2019 32.92
2020 33.45

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts