The Bahamas - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in The Bahamas was 2,244,300,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 3,505,500,000 in 2014 and a minimum value of 89,200,000 in 1977.

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
1977 89,200,000
1978 94,400,000
1979 146,200,000
1980 244,200,000
1981 268,800,000
1982 338,800,000
1983 352,300,000
1984 333,700,000
1985 444,900,000
1986 455,500,000
1987 510,100,000
1989 964,520,000
1990 931,270,000
1991 913,340,000
1992 866,210,000
1993 721,660,000
1994 842,800,000
1995 948,290,000
1996 1,100,520,000
1997 1,841,400,000
1998 2,194,300,000
1999 2,209,300,000
2000 2,437,900,000
2001 2,235,300,000
2002 2,150,000,000
2003 2,153,100,000
2004 2,100,000,000
2005 2,688,900,000
2006 3,407,700,000
2007 3,239,700,000
2008 3,100,500,000
2009 2,800,300,000
2010 2,825,400,000
2011 3,039,600,000
2012 3,360,000,000
2013 3,062,500,000
2014 3,505,500,000
2015 2,915,900,000
2016 3,087,800,000
2017 3,406,800,000
2018 3,370,400,000
2019 3,488,900,000
2020 2,244,300,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts