Sweden - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Sweden was 1,235,940,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,268,660,000,000 in 2019 and a minimum value of 27,822,480,000 in 1960.

Definition: 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. Data are in current local currency.

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

Year Value
1960 27,822,480,000
1961 29,792,430,000
1962 32,053,230,000
1963 34,582,430,000
1964 41,454,760,000
1965 46,562,070,000
1966 48,504,250,000
1967 50,980,560,000
1968 52,409,760,000
1969 57,420,560,000
1970 66,100,740,000
1971 64,823,900,000
1972 68,410,350,000
1973 73,508,550,000
1974 91,241,370,000
1975 108,958,000,000
1976 119,702,000,000
1977 114,362,000,000
1978 111,156,000,000
1979 139,279,000,000
1980 166,405,000,000
1981 157,818,000,000
1982 169,532,000,000
1983 188,581,000,000
1984 220,589,000,000
1985 263,034,000,000
1986 267,929,000,000
1987 304,040,000,000
1988 348,248,000,000
1989 425,063,000,000
1990 459,847,000,000
1991 416,761,000,000
1992 382,622,000,000
1993 316,318,000,000
1994 360,827,000,000
1995 397,496,000,000
1996 403,182,000,000
1997 419,154,000,000
1998 464,892,000,000
1999 493,092,000,000
2000 551,708,000,000
2001 574,886,000,000
2002 575,256,000,000
2003 593,316,000,000
2004 618,494,000,000
2005 653,016,000,000
2006 725,972,000,000
2007 826,135,000,000
2008 839,097,000,000
2009 702,869,000,000
2010 820,567,000,000
2011 888,519,000,000
2012 845,609,000,000
2013 860,985,000,000
2014 938,456,000,000
2015 1,040,780,000,000
2016 1,091,190,000,000
2017 1,189,790,000,000
2018 1,255,770,000,000
2019 1,268,660,000,000
2020 1,235,940,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts