Romania - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Romania was 258,673,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 258,673,000,000 in 2020 and a minimum value of 25,950,000 in 1990.

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
1990 25,950,000
1991 61,810,000
1992 189,350,000
1993 579,590,000
1994 1,234,830,000
1995 1,774,500,000
1996 2,630,000,000
1997 5,431,200,000
1998 6,803,100,000
1999 8,626,900,000
2000 15,907,400,000
2001 26,713,600,000
2002 33,762,700,000
2003 44,515,900,000
2004 59,255,100,000
2005 65,779,400,000
2006 94,146,500,000
2007 133,399,000,000
2008 178,648,000,000
2009 144,383,000,000
2010 143,382,000,000
2011 157,194,000,000
2012 160,036,000,000
2013 161,701,000,000
2014 165,883,000,000
2015 178,937,000,000
2016 178,777,000,000
2017 200,976,000,000
2018 216,775,000,000
2019 250,234,000,000
2020 258,673,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts