Serbia - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Serbia was -1.91 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 29.69 in 2002 and a minimum value of -22.52 in 2009.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1996 10.43
1997 22.98
1998 3.65
1999 -17.60
2000 4.95
2001 4.50
2002 29.69
2003 21.38
2004 18.99
2005 5.58
2006 15.56
2007 25.50
2008 8.09
2009 -22.52
2010 -6.51
2011 4.67
2012 13.91
2013 -11.95
2014 -3.44
2015 6.20
2016 5.08
2017 6.64
2018 17.52
2019 17.23
2020 -1.91

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts