Nicaragua - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Nicaragua was 36,181,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 59,822,000,000 in 2017 and a minimum value of -7,190,570,000 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 constant local currency.

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

Year Value
1960 7,282,203,000
1961 7,957,777,000
1962 9,940,107,000
1963 10,970,260,000
1964 14,650,350,000
1965 17,015,710,000
1966 19,159,110,000
1967 19,153,990,000
1968 16,715,770,000
1969 19,229,110,000
1970 19,452,790,000
1971 20,093,640,000
1972 13,459,130,000
1973 27,510,160,000
1974 38,695,560,000
1975 22,905,220,000
1976 23,448,180,000
1977 40,116,710,000
1978 16,467,620,000
1979 -7,190,570,000
1980 19,862,000,000
1981 30,371,820,000
1982 25,030,400,000
1983 27,215,920,000
1984 27,454,960,000
1985 27,291,040,000
1986 26,954,110,000
1987 26,539,200,000
1988 18,736,800,000
1989 16,220,460,000
1990 14,169,730,000
1991 15,888,500,000
1992 16,656,700,000
1993 13,597,400,000
1994 17,194,560,000
1995 19,705,600,000
1996 23,795,410,000
1997 28,855,100,000
1998 29,825,310,000
1999 38,963,680,000
2000 32,398,430,000
2001 29,679,610,000
2002 27,573,730,000
2003 27,288,850,000
2004 30,204,560,000
2005 33,623,480,000
2006 33,575,000,000
2007 39,647,000,000
2008 43,601,000,000
2009 29,829,000,000
2010 33,025,000,000
2011 42,657,000,000
2012 45,065,000,000
2013 46,631,000,000
2014 46,426,000,000
2015 59,263,000,000
2016 59,107,000,000
2017 59,822,000,000
2018 44,804,000,000
2019 31,558,000,000
2020 36,181,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts