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Investment (gross fixed): 37.3% of GDP (2012 est.) Definition: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of December 6, 2013 See Also
Related Data From the International Monetary FundVariable: Investment Note: Expressed as a ratio of total investment in current local currency and GDP in current local currency. Investment or gross capital formation is measured by the total value of the gross fixed capital formation and changes in inventories and acquisitions less disposals of valuables for a unit or sector. [SNA 1993] Units: Percent of GDP Country-specific Note: Source: National Statistical Office Latest actual data: 2008 Notes: Revised national accounts were released in November 2008 where GDP was rebased from 1981 to 2007. GDP valuation: Market prices Base year: 2004 Chain-weighted: No Primary domestic currency: Loti Data last updated: 09/2011 Source: International Monetary Fund - 2011 World Economic Outlook
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