Timor-Leste - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Timor-Leste was 367,920,100 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 816,621,700 in 2011 and a minimum value of 82,481,500 in 2006.

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
2000 199,179,200
2001 220,111,700
2002 228,865,500
2003 180,609,000
2004 122,318,900
2005 112,611,200
2006 82,481,500
2007 142,810,400
2008 267,481,300
2009 469,499,000
2010 482,638,400
2011 816,621,700
2012 734,793,000
2013 576,231,500
2014 618,409,800
2015 587,382,700
2016 679,635,600
2017 587,145,300
2018 582,606,700
2019 556,847,200
2020 367,920,100

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts