Serbia - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Serbia was 1,108,850,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,130,480,000,000 in 2019 and a minimum value of 238,165,000,000 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 constant local currency.

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

Year Value
1995 238,165,000,000
1996 263,013,000,000
1997 323,454,000,000
1998 335,246,000,000
1999 276,259,000,000
2000 289,931,000,000
2001 302,986,000,000
2002 392,940,000,000
2003 476,950,000,000
2004 567,502,000,000
2005 599,149,000,000
2006 692,346,000,000
2007 868,861,000,000
2008 939,167,000,000
2009 727,630,000,000
2010 680,297,000,000
2011 712,049,000,000
2012 811,117,000,000
2013 714,148,000,000
2014 689,553,000,000
2015 732,284,000,000
2016 769,486,000,000
2017 820,596,000,000
2018 964,349,000,000
2019 1,130,480,000,000
2020 1,108,850,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts