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economic policy and debt_wdi > national accounts_wdi > us dollar at current prices_wdi > expenditure on gdp_wdi > gross fixed capital formation constant 2005 us dollar_wdi
PREFERRED TERM
NE.GDI.FTOT.KDgross fixed capital formation constant 2005 us dollar_wdi
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 constant 2005 U.S. dollars.
BROADER CONCEPT
SCOPE NOTE
  • World Bank national accounts data, and OECD National Accounts data files.

URI
http://joinedupdata.org/Indicators/wdi/gross-fixed-capital-formation-constant-2005-us-dollar_wdi
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