Russia - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Russia was 20,958,000,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 48,422,500,000,000 in 1990 and a minimum value of 5,911,180,000,000 in 1999.

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 48,422,500,000,000
1991 47,308,800,000,000
1992 29,851,900,000,000
1993 21,075,400,000,000
1994 14,499,900,000,000
1995 12,933,900,000,000
1996 12,042,900,000,000
1997 11,549,100,000,000
1998 6,328,930,000,000
1999 5,911,180,000,000
2000 10,356,500,000,000
2001 12,085,900,000,000
2002 11,771,700,000,000
2003 13,455,100,000,000
2004 15,096,700,000,000
2005 16,530,800,000,000
2006 19,456,800,000,000
2007 23,737,300,000,000
2008 26,229,700,000,000
2009 15,475,500,000,000
2010 19,886,000,000,000
2011 24,062,000,000,000
2012 25,395,500,000,000
2013 24,086,400,000,000
2014 22,548,500,000,000
2015 19,900,600,000,000
2016 19,773,400,000,000
2017 21,040,800,000,000
2018 20,706,000,000,000
2019 21,379,900,000,000
2020 20,958,000,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts