Turkmenistan - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts