Mongolia - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Mongolia was 8,830,800,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 10,588,700,000,000 in 2019 and a minimum value of 3,474,320,000 in 1990.

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. Data are in current local currency.

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

Year Value
1981 4,525,823,000
1982 5,020,078,000
1983 4,427,941,000
1984 4,529,699,000
1985 5,126,682,000
1986 5,179,015,000
1987 4,300,016,000
1988 4,200,196,000
1989 4,788,456,000
1990 3,474,320,000
1991 6,532,885,000
1992 13,442,760,000
1993 44,773,670,000
1994 68,010,420,000
1995 149,150,000,000
1996 181,082,000,000
1997 214,947,000,000
1998 274,335,000,000
1999 323,448,000,000
2000 308,496,000,000
2001 299,776,000,000
2002 343,407,000,000
2003 532,632,000,000
2004 656,855,000,000
2005 849,709,000,000
2006 1,341,270,000,000
2007 1,740,220,000,000
2008 2,374,100,000,000
2009 1,903,970,000,000
2010 3,364,690,000,000
2011 6,377,730,000,000
2012 7,529,190,000,000
2013 7,528,510,000,000
2014 6,351,100,000,000
2015 4,184,460,000,000
2016 4,466,700,000,000
2017 6,260,100,000,000
2018 8,746,950,000,000
2019 10,588,700,000,000
2020 8,830,800,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts