Serbia - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Serbia was 1,180,060,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,218,010,000,000 in 2019 and a minimum value of 6,639,300,000 in 1995.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
1995 6,639,300,000
1996 12,694,100,000
1997 17,755,600,000
1998 23,388,200,000
1999 25,183,100,000
2000 52,993,900,000
2001 105,831,000,000
2002 166,687,000,000
2003 221,999,000,000
2004 298,239,000,000
2005 358,976,000,000
2006 462,400,000,000
2007 599,824,000,000
2008 689,494,000,000
2009 570,552,000,000
2010 574,557,000,000
2011 632,407,000,000
2012 769,873,000,000
2013 678,919,000,000
2014 663,606,000,000
2015 732,284,000,000
2016 772,497,000,000
2017 844,393,000,000
2018 1,016,660,000,000
2019 1,218,010,000,000
2020 1,180,060,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts