South Asia - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in South Asia was -9.03 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 25.24 in 2004 and a minimum value of -11.55 in 1991.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1961 8.49
1962 13.56
1963 8.62
1964 10.24
1965 12.40
1966 -1.78
1967 -0.64
1968 2.52
1969 4.03
1970 3.46
1971 5.31
1972 -5.20
1973 15.30
1974 -0.69
1975 -7.22
1976 15.30
1977 15.26
1978 17.54
1979 -6.32
1980 10.06
1981 -2.88
1982 6.27
1983 6.08
1984 5.16
1985 7.49
1986 4.18
1987 10.38
1988 8.12
1989 7.15
1990 14.73
1991 -11.55
1992 11.45
1993 3.47
1994 14.73
1995 6.93
1996 2.44
1997 10.92
1998 4.40
1999 12.98
2000 -2.96
2001 3.78
2002 6.16
2003 13.90
2004 25.24
2005 15.28
2006 13.18
2007 15.80
2008 -3.28
2009 14.51
2010 12.72
2011 4.05
2012 5.07
2013 -2.96
2014 7.79
2015 5.39
2016 4.17
2017 10.95
2018 9.67
2019 1.72
2020 -9.03

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts