Vanuatu - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Vanuatu was 41,417,000,000 as of 2020. As the graph below shows, over the past 37 years this indicator reached a maximum value of 41,417,000,000 in 2020 and a minimum value of 2,142,000,000 in 1983.

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
1983 2,142,000,000
1984 2,524,000,000
1985 2,679,000,000
1986 2,972,000,000
1987 4,257,000,000
1988 4,293,000,000
1989 5,458,000,000
1990 5,853,000,000
1991 4,814,000,000
1992 4,559,000,000
1993 4,569,000,000
1994 5,839,000,000
1995 6,077,000,000
1996 5,441,000,000
1997 5,343,000,000
1998 5,606,000,000
1999 6,418,000,000
2000 7,181,000,000
2001 6,881,000,000
2002 6,944,000,000
2003 6,237,000,000
2004 9,206,000,000
2005 10,103,000,000
2006 13,377,000,000
2007 16,864,000,000
2008 24,157,000,000
2009 25,256,000,000
2010 22,985,000,000
2011 18,543,000,000
2012 16,173,000,000
2013 19,131,000,000
2014 17,658,000,000
2015 25,527,000,000
2016 19,110,000,000
2017 25,756,000,000
2018 26,513,000,000
2019 33,494,000,000
2020 41,417,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts