The Bahamas - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in The Bahamas was 2,142,000,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 3,379,200,000 in 2014 and a minimum value of 81,300,000 in 1977.

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
1977 81,300,000
1978 85,900,000
1979 135,300,000
1980 212,900,000
1981 238,900,000
1982 298,700,000
1983 310,700,000
1984 326,500,000
1985 407,800,000
1986 425,200,000
1987 508,100,000
1989 877,900,000
1990 811,370,000
1991 790,590,000
1992 812,400,000
1993 659,620,000
1994 787,950,000
1995 872,290,000
1996 999,170,000
1997 1,780,500,000
1998 2,129,300,000
1999 2,126,600,000
2000 2,261,100,000
2001 2,112,900,000
2002 2,033,600,000
2003 2,043,900,000
2004 1,993,600,000
2005 2,571,600,000
2006 3,288,500,000
2007 3,119,700,000
2008 2,977,400,000
2009 2,672,600,000
2010 2,694,900,000
2011 2,856,600,000
2012 3,249,300,000
2013 2,969,600,000
2014 3,379,200,000
2015 2,794,600,000
2016 2,968,800,000
2017 3,270,900,000
2018 3,216,700,000
2019 3,332,400,000
2020 2,142,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts