Gross Capital Formation (% Of Gross Domestic Product)
Last update Feb 24, 2025 at 4:11 PM
Dataset Information
Data available from 1960-01-01 to 2023-01-01- Source: World Bank national accounts data, and OECD National Accounts data files.
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...
Access all the content on Alphacast
Create a free account to access more than 4,500 datasets from over 350 sources, structured and ready to use.