Sweden - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Sweden was 1,120,770,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,164,320,000,000 in 2018 and a minimum value of 380,902,000,000 in 1978.

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 constant local currency.

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

Year Value
1970 487,786,000,000
1971 453,264,000,000
1972 443,323,000,000
1973 448,991,000,000
1974 490,650,000,000
1975 521,994,000,000
1976 512,053,000,000
1977 438,350,000,000
1978 380,902,000,000
1979 441,468,000,000
1980 480,490,000,000
1981 420,286,000,000
1982 419,070,000,000
1983 422,731,000,000
1984 466,935,000,000
1985 526,246,000,000
1986 522,050,000,000
1987 557,359,000,000
1988 591,929,000,000
1989 666,194,000,000
1990 666,118,000,000
1991 576,524,000,000
1992 542,433,000,000
1993 438,271,000,000
1994 501,008,000,000
1995 544,204,000,000
1996 549,171,000,000
1997 561,708,000,000
1998 612,689,000,000
1999 636,303,000,000
2000 689,403,000,000
2001 695,463,000,000
2002 680,015,000,000
2003 703,102,000,000
2004 732,306,000,000
2005 767,845,000,000
2006 844,251,000,000
2007 937,803,000,000
2008 916,668,000,000
2009 745,722,000,000
2010 865,186,000,000
2011 934,724,000,000
2012 883,787,000,000
2013 897,607,000,000
2014 959,946,000,000
2015 1,040,780,000,000
2016 1,074,310,000,000
2017 1,137,360,000,000
2018 1,164,320,000,000
2019 1,154,620,000,000
2020 1,120,770,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts