Uruguay - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Uruguay was 382,985,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 382,985,000,000 in 2020 and a minimum value of 3,200 in 1960.

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
1960 3,200
1961 4,200
1962 3,800
1963 4,000
1964 4,800
1965 7,500
1966 16,100
1967 31,500
1968 51,200
1969 74,300
1970 18,000
1971 123,500
1972 199,400
1973 1,159,000
1974 712,200
1975 1,495,000
1976 2,538,300
1977 4,107,900
1978 6,716,800
1979 13,532,600
1980 15,994,000
1981 25,507,700
1982 25,172,600
1983 25,000,000
1984 32,875,000
1985 54,467,000
1986 99,567,000
1987 237,518,000
1988 431,967,000
1989 632,535,000
1990 1,326,819,000
1991 3,419,884,000
1992 5,993,029,000
1993 9,247,885,000
1994 13,989,320,000
1995 18,877,660,000
1996 24,924,730,000
1997 38,123,980,000
1998 46,090,030,000
1999 40,999,040,000
2000 39,923,390,000
2001 39,882,260,000
2002 37,811,190,000
2003 51,669,760,000
2004 68,624,800,000
2005 75,223,410,000
2006 91,726,270,000
2007 107,290,000,000
2008 147,639,000,000
2009 140,224,000,000
2010 156,829,000,000
2011 193,445,000,000
2012 238,597,000,000
2013 264,941,000,000
2014 282,105,000,000
2015 286,881,000,000
2016 301,340,000,000
2017 291,569,000,000
2018 296,409,000,000
2019 316,025,000,000
2020 382,985,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts