Turkmenistan - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Turkmenistan was $16,597,510,000 as of 2012. Over the past 25 years, the value for this indicator has fluctuated between $16,597,510,000 in 2012 and $839,289,200 in 1987.

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 U.S. dollars.

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

See also:

Year Value
1987 $839,289,200
1988 $1,003,661,000
1989 $1,073,924,000
1990 $1,275,816,000
1991 $1,468,113,000
1993 $1,173,966,000
1996 $1,175,602,000
1997 $947,718,500
1998 $1,185,453,000
1999 $972,161,100
2000 $1,009,041,000
2001 $1,120,980,000
2002 $1,229,707,000
2003 $1,519,420,000
2004 $1,576,487,000
2005 $1,857,382,000
2006 $2,004,153,000
2007 $2,355,535,000
2008 $6,109,073,000
2009 $9,419,904,000
2010 $11,716,330,000
2011 $15,181,410,000
2012 $16,597,510,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Turkmenistan was 47,302,900,000.00 as of 2012. As the graph below shows, over the past 25 years this indicator reached a maximum value of 47,302,900,000.00 in 2012 and a minimum value of 900.00 in 1987.

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
1987 900.00
1988 900.00
1989 1,000.00
1990 1,200.00
1991 2,700.00
1993 740,000.00
1996 766,022,000.00
1997 859,400,000.00
1998 1,273,400,000.00
1999 1,591,200,000.00
2000 1,814,400,000.00
2001 2,286,800,000.00
2002 2,493,600,000.00
2003 3,020,000,000.00
2004 3,403,636,000.00
2005 4,093,669,000.00
2006 4,338,990,000.00
2007 5,022,000,000.00
2008 15,681,990,000.00
2009 26,846,730,000.00
2010 33,391,540,000.00
2011 43,267,010,000.00
2012 47,302,900,000.00

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Turkmenistan was -5.21 as of 2006. As the graph below shows, over the past 18 years this indicator reached a maximum value of 25.50 in 1998 and a minimum value of -65.22 in 1991.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1988 -6.67
1989 2.38
1990 6.98
1991 -65.22
1998 25.50
1999 1.54
2000 3.85
2001 9.94
2002 0.64
2003 8.00
2004 6.29
2005 12.34
2006 -5.21

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Turkmenistan was 3,880,203,000 as of 2006. As the graph below shows, over the past 19 years this indicator reached a maximum value of 4,600,000,000 in 1990 and a minimum value of 1,600,000,000 in 1991.

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
1987 4,500,000,000
1988 4,200,000,000
1989 4,300,000,000
1990 4,600,000,000
1991 1,600,000,000
1997 2,167,953,000
1998 2,720,684,000
1999 2,762,663,000
2000 2,869,124,000
2001 3,154,215,000
2002 3,174,252,000
2003 3,428,293,000
2004 3,644,104,000
2005 4,093,669,000
2006 3,880,203,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Turkmenistan was 47.20 as of 2012. Its highest value over the past 25 years was 51.93 in 2011, while its lowest value was 18.60 in 2007.

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.

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

See also:

Year Value
1987 36.00
1988 33.33
1989 35.71
1990 40.00
1991 45.76
1993 36.93
1996 49.42
1997 38.68
1998 45.49
1999 39.67
2000 34.74
2001 31.71
2002 27.56
2003 25.42
2004 23.05
2005 22.92
2006 19.50
2007 18.60
2008 31.70
2009 46.60
2010 51.88
2011 51.93
2012 47.20

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts