Belgium - Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Belgium was at 23.21 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 belgium gross capital formation percent of gdp wb data




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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.


Belgium | Economy & Growth

GDP (current US$)
455085948763 USD
GDP (current LCU)
410351000000 LCU
GDP (constant 2005 US$)
508264974967 USD
GDP (constant LCU)
383740056100 LCU
GNI (current US$)
455250748586 USD
GNI (current LCU)
410499600000 LCU
GNI (constant 2005 US$)
508448612123 USD
GNI (constant LCU)
383879211806 LCU
Gross savings (current US$)
105986046395 USD
Gross savings (current LCU)
95567618035 LCU