economic policy and debt_wdi national accounts_wdi local currency at constant prices_wdi expenditure on gdp_wdi
economic policy and debt_wdi national accounts_wdi us dollar at constant 2005 prices_wdi expenditure on gdp_wdi
economic policy and debt_wdi national accounts_wdi us dollar at current prices_wdi expenditure on gdp_wdi
NE.GDI.TOTL.KDgross capital formation constant 2005 us dollar_wdi
- 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 constant 2005 U.S. dollars.
World Bank national accounts data, and OECD National Accounts data files.
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Created 1/7/16, last modified 1/7/16