Gross capital formation (US dollar) in Europe and Central Asia
The Gross capital formation (US dollar) in Europe and Central Asia was last reported at 870955492178.92 in 2011, according to a World Bank report published in 2012. 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 current U.S. dollars.This page includes a historical data chart, news and forecasts for Gross capital formation (US dollar) in Europe and Central Asia.
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World Bank Indicators - europe and central asia - National accounts
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