United Kingdom - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in United Kingdom was 368,236,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 399,609,000,000 in 2019 and a minimum value of 12,776,580,000 in 1970.

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
1970 12,776,580,000
1971 14,323,680,000
1972 15,723,560,000
1973 19,399,030,000
1974 23,099,890,000
1975 27,838,910,000
1976 32,541,130,000
1977 35,981,810,000
1978 41,104,120,000
1979 48,923,390,000
1980 55,350,390,000
1981 55,520,450,000
1982 60,836,940,000
1983 66,121,700,000
1984 75,232,970,000
1985 82,724,790,000
1986 88,309,070,000
1987 101,969,000,000
1988 124,321,000,000
1989 144,021,000,000
1990 144,699,000,000
1991 133,986,000,000
1992 129,779,000,000
1993 130,533,000,000
1994 140,612,000,000
1995 153,304,000,000
1996 168,531,000,000
1997 162,731,000,000
1998 173,552,000,000
1999 181,143,000,000
2000 194,184,000,000
2001 201,579,000,000
2002 209,400,000,000
2003 218,018,000,000
2004 228,203,000,000
2005 242,563,000,000
2006 258,919,000,000
2007 278,359,000,000
2008 279,725,000,000
2009 248,517,000,000
2010 255,211,000,000
2011 260,224,000,000
2012 269,707,000,000
2013 284,205,000,000
2014 309,234,000,000
2015 333,226,000,000
2016 355,185,000,000
2017 377,883,000,000
2018 386,464,000,000
2019 399,609,000,000
2020 368,236,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts