Romania - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Romania was 124,627,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 124,627,000,000 in 2020 and a minimum value of 28,067,180,000 in 1991.

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 constant local currency.

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

Year Value
1990 41,043,100,000
1991 28,067,180,000
1992 31,145,020,000
1993 33,731,190,000
1994 40,718,950,000
1995 43,717,900,000
1996 43,429,700,000
1997 40,880,000,000
1998 38,984,800,000
1999 33,978,600,000
2000 42,725,700,000
2001 50,058,200,000
2002 51,250,300,000
2003 55,630,700,000
2004 65,110,500,000
2005 65,779,400,000
2006 87,496,300,000
2007 111,195,000,000
2008 123,556,000,000
2009 95,751,200,000
2010 94,200,200,000
2011 98,663,300,000
2012 93,658,700,000
2013 93,308,100,000
2014 94,835,800,000
2015 100,671,000,000
2016 100,686,000,000
2017 107,521,000,000
2018 110,714,000,000
2019 120,820,000,000
2020 124,627,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts