Panama - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Panama was -2.65 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 260.17 in 1990 and a minimum value of -61.77 in 1988.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1961 26.99
1962 12.66
1963 12.37
1964 -8.81
1965 13.48
1966 33.16
1967 5.53
1968 13.25
1969 14.48
1970 17.86
1971 22.72
1972 14.47
1973 3.81
1974 -5.07
1975 -3.53
1976 -0.95
1977 -30.47
1978 24.89
1979 7.81
1980 17.89
1981 10.13
1982 -0.97
1983 -37.38
1984 -3.95
1985 -4.08
1986 28.63
1987 2.48
1988 -61.77
1989 -27.33
1990 260.17
1991 10.52
1992 38.63
1993 13.76
1994 14.32
1995 10.80
1996 7.46
1997 4.23
1998 10.93
1999 3.54
2000 -9.21
2001 -24.18
2002 -5.43
2003 19.04
2004 9.87
2005 2.85
2006 13.54
2007 38.91
2008 28.20
2009 -21.40
2010 32.86
2011 13.78
2012 25.36
2013 10.51
2014 6.14
2015 6.44
2016 -0.47
2017 8.22
2018 2.05
2019 -2.65

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts