Panama - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Panama was 12,824,190,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 25,087,380,000 in 2018 and a minimum value of 68,950,600 in 1960.

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
1960 68,950,600
1961 90,287,100
1962 95,902,000
1963 108,479,300
1964 98,597,100
1965 112,409,700
1966 159,574,600
1967 171,478,100
1968 194,836,000
1969 224,931,700
1970 286,583,000
1971 335,167,500
1972 407,278,300
1973 475,778,000
1974 508,824,300
1975 585,968,600
1976 665,957,900
1977 487,924,200
1978 663,441,200
1979 723,515,300
1980 946,303,700
1981 1,192,959,000
1982 1,313,476,000
1983 1,021,424,000
1984 834,541,500
1985 901,555,600
1986 1,032,990,000
1987 1,174,908,000
1988 463,045,700
1989 343,933,600
1990 490,716,000
1991 944,141,900
1992 1,327,203,000
1993 1,817,271,000
1994 1,976,699,000
1995 2,224,327,000
1996 2,447,649,000
1997 2,633,854,000
1998 3,181,265,000
1999 3,331,246,000
2000 3,207,978,000
2001 2,337,932,000
2002 2,169,317,000
2003 2,876,221,000
2004 3,063,470,000
2005 3,389,623,000
2006 4,084,930,000
2007 5,934,600,000
2008 7,936,700,000
2009 7,856,200,000
2010 8,718,300,000
2011 10,800,800,000
2012 14,340,600,000
2013 17,915,600,000
2014 20,284,300,000
2015 21,329,900,000
2016 22,208,100,000
2017 24,467,830,000
2018 25,087,380,000
2019 24,882,860,000
2020 12,824,190,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts