Nicaragua - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Nicaragua was 83,124,000,000.00 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 123,933,000,000.00 in 2017 and a minimum value of -0.17 in 1979.

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
1960 0.07
1961 0.07
1962 0.10
1963 0.11
1964 0.14
1965 0.17
1966 0.20
1967 0.19
1968 0.17
1969 0.20
1970 0.20
1971 0.21
1972 0.16
1973 0.37
1974 0.67
1975 0.48
1976 0.45
1977 0.80
1978 0.37
1979 -0.17
1980 0.70
1981 1.16
1982 1.06
1983 1.48
1984 2.00
1985 5.34
1986 14.72
1987 85.18
1988 17,314.62
1989 840,300.00
1990 30,160,000.00
1991 1,500,200,000.00
1992 1,875,700,000.00
1993 2,092,500,000.00
1994 4,551,237,000.00
1995 5,901,661,000.00
1996 8,059,260,000.00
1997 10,902,430,000.00
1998 12,667,110,000.00
1999 18,925,730,000.00
2000 17,275,480,000.00
2001 17,394,830,000.00
2002 16,699,740,000.00
2003 17,887,260,000.00
2004 22,260,100,000.00
2005 27,380,550,000.00
2006 33,575,000,000.00
2007 42,870,000,000.00
2008 55,309,000,000.00
2009 39,160,000,000.00
2010 46,463,000,000.00
2011 67,908,000,000.00
2012 76,907,000,000.00
2013 83,915,000,000.00
2014 89,064,000,000.00
2015 116,401,000,000.00
2016 118,643,000,000.00
2017 123,933,000,000.00
2018 98,944,000,000.00
2019 73,764,000,000.00
2020 83,124,000,000.00

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts