Puerto Rico - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Puerto Rico was 11,872,300,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 15,215,000,000 in 2018 and a minimum value of 397,000,000 in 1960.

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
1960 397,000,000
1963 566,000,000
1964 661,000,000
1965 845,000,000
1966 853,000,000
1967 949,000,000
1968 1,071,000,000
1969 1,237,000,000
1970 1,442,000,000
1971 1,707,500,000
1972 1,897,200,000
1973 1,792,800,000
1974 1,799,200,000
1975 2,217,900,000
1976 1,973,700,000
1977 1,496,300,000
1978 1,854,700,000
1979 2,091,100,000
1980 2,473,800,000
1981 2,287,900,000
1982 1,514,900,000
1983 1,746,200,000
1984 2,635,500,000
1985 2,500,600,000
1986 2,258,600,000
1987 3,274,800,000
1988 4,051,300,000
1989 4,786,800,000
1990 5,188,700,000
1991 5,036,000,000
1992 5,351,600,000
1993 5,925,700,000
1994 6,481,100,000
1995 7,194,300,000
1996 7,914,342,000
1997 8,946,328,000
1998 9,150,100,000
1999 11,973,200,000
2000 12,164,240,000
2001 12,159,260,000
2002 11,598,600,000
2003 11,619,060,000
2004 12,303,260,000
2005 12,248,520,000
2006 12,211,210,000
2007 11,987,790,000
2008 11,373,580,000
2009 10,053,900,000
2010 9,012,100,000
2011 10,105,100,000
2012 10,496,200,000
2013 9,763,000,000
2014 9,159,900,000
2015 8,888,800,000
2016 8,425,500,000
2017 8,062,700,000
2018 15,215,000,000
2019 15,012,900,000
2020 11,872,300,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts