Spain - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Spain was 227,599,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 321,180,000,000 in 2007 and a minimum value of 4,637,578,000 in 1970.

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
1970 4,637,578,000
1971 4,786,041,000
1972 5,881,542,000
1973 7,511,237,000
1974 9,734,102,000
1975 10,795,710,000
1976 12,252,530,000
1977 14,924,180,000
1978 17,296,860,000
1979 19,268,900,000
1980 22,833,350,000
1981 25,483,320,000
1982 29,009,280,000
1983 32,128,680,000
1984 33,227,860,000
1985 37,915,870,000
1986 44,561,230,000
1987 52,744,810,000
1988 63,518,630,000
1989 75,258,570,000
1990 84,649,250,000
1991 90,176,580,000
1992 89,405,370,000
1993 85,035,900,000
1994 89,796,210,000
1995 100,854,000,000
1996 106,093,000,000
1997 114,921,000,000
1998 129,417,000,000
1999 147,332,000,000
2000 168,058,000,000
2001 181,398,000,000
2002 196,051,000,000
2003 217,403,000,000
2004 238,989,000,000
2005 269,041,000,000
2006 301,421,000,000
2007 321,180,000,000
2008 308,857,000,000
2009 247,155,000,000
2010 233,732,000,000
2011 212,984,000,000
2012 191,038,000,000
2013 177,240,000,000
2014 183,515,000,000
2015 194,122,000,000
2016 200,048,000,000
2017 216,932,000,000
2018 233,996,000,000
2019 249,887,000,000
2020 227,599,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts