Russia - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Russia was 25,659,300,000,000 as of 2020. As the graph below shows, over the past 32 years this indicator reached a maximum value of 25,659,300,000,000 in 2020 and a minimum value of 145,700,000 in 1988.

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
1988 145,700,000
1989 193,900,000
1990 194,100,000
1991 507,200,000
1992 6,580,000,000
1993 46,320,000,000
1994 155,970,000,000
1995 363,400,000,000
1996 475,200,000,000
1997 514,800,000,000
1998 393,500,000,000
1999 715,300,000,000
2000 1,365,700,000,000
2001 1,963,100,000,000
2002 2,169,300,000,000
2003 2,755,100,000,000
2004 3,558,900,000,000
2005 4,338,700,000,000
2006 5,698,800,000,000
2007 8,034,100,000,000
2008 10,526,100,000,000
2009 7,344,800,000,000
2010 10,472,700,000,000
2011 14,584,100,000,000
2012 16,721,900,000,000
2013 16,985,000,000,000
2014 17,695,500,000,000
2015 18,402,800,000,000
2016 19,773,400,000,000
2017 21,681,200,000,000
2018 22,764,500,000,000
2019 24,862,400,000,000
2020 25,659,300,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts