Georgia - Gross fixed capital formation (annual % growth)

Gross fixed capital formation (annual % growth) in Georgia was at 17.04 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 georgia gross fixed capital formation annual percent growth wb data




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Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.


Georgia | Economy & Growth

GDP (current US$)
13965385802 USD
GDP (current LCU)
31691650000 LCU
GDP (constant 2000 US$)
14753724432 USD
GDP (constant LCU)
10718332400 LCU
GNI (current US$)
13581648218 USD
GNI (current LCU)
30820834300 LCU
GNI (constant 2000 US$)
10056633279 USD
GNI (constant LCU)
10415211027 LCU