Portugal - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Portugal was 37,521,180,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 42,231,530,000 in 2008 and a minimum value of 326,320,000 in 1970.

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
1970 326,320,000
1971 339,957,000
1972 435,716,000
1973 577,012,000
1974 657,909,000
1975 479,817,000
1976 759,741,000
1977 1,232,783,000
1978 1,627,917,000
1979 1,987,549,000
1980 2,794,701,000
1981 3,519,161,000
1982 4,281,151,000
1983 4,413,482,000
1984 4,246,008,000
1985 4,932,543,000
1986 6,698,666,000
1987 9,269,852,000
1988 12,327,660,000
1989 13,465,030,000
1990 15,516,470,000
1991 16,552,710,000
1992 18,074,010,000
1993 16,876,460,000
1994 18,944,070,000
1995 21,539,010,000
1996 23,029,670,000
1997 27,142,620,000
1998 31,531,670,000
1999 34,718,230,000
2000 36,953,360,000
2001 38,230,840,000
2002 36,927,730,000
2003 33,763,160,000
2004 36,272,150,000
2005 37,035,710,000
2006 38,116,330,000
2007 40,536,470,000
2008 42,231,530,000
2009 36,561,180,000
2010 37,944,570,000
2011 32,749,910,000
2012 26,425,680,000
2013 24,946,630,000
2014 26,505,970,000
2015 28,494,100,000
2016 29,526,040,000
2017 33,755,290,000
2018 37,529,150,000
2019 39,643,360,000
2020 37,521,180,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts