Greece - Gross capital formation (annual % growth)

Gross capital formation (annual % growth) in Greece was at --8.9441 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 greece gross capital formation annual percent growth wb data




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Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.


Greece | Economy & Growth

Stock Markets, US$
22.78 USD
GDP (current US$)
194851319175 USD
GDP (current LCU)
175697434500 LCU
GDP (constant 2000 US$)
244328610066 USD
GDP (constant LCU)
184468100600 LCU
GNI (current US$)
195519780082 USD
GNI (current LCU)
176300185700 LCU
GNI (constant 2000 US$)
245181576880 USD
GNI (constant LCU)
185112022821 LCU
Gross savings (current US$)
19522467411 USD
Gross savings (current LCU)
17603408864 LCU