Panama - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Panama was -2.63 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 89.40 in 1991 and a minimum value of -57.04 in 1988.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1961 30.94
1962 6.22
1963 13.11
1964 -9.11
1965 14.01
1966 41.96
1967 7.46
1968 13.62
1969 15.68
1970 27.35
1971 14.93
1972 23.95
1973 0.19
1974 -10.51
1975 7.92
1976 1.99
1977 -33.57
1978 23.96
1979 -1.09
1980 21.44
1981 24.00
1982 3.53
1983 -27.80
1984 -10.45
1985 -4.37
1986 24.66
1987 10.12
1988 -57.04
1989 -35.18
1990 44.15
1991 89.40
1992 41.92
1993 41.14
1994 5.64
1995 7.67
1996 7.51
1997 7.35
1998 14.71
1999 11.11
2000 -7.34
2001 -25.69
2002 -5.63
2003 23.29
2004 9.38
2005 6.44
2006 16.61
2007 40.98
2008 22.15
2009 -2.93
2010 11.78
2011 18.77
2012 25.02
2013 21.07
2014 8.73
2015 6.50
2016 2.12
2017 7.64
2018 0.70
2019 -2.63

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts