Venezuela - Gross fixed capital formation (constant LCU)

Gross fixed capital formation (constant LCU) in Venezuela was at 16462970000 LCU, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 venezuela gross fixed capital formation constant lcu wb data




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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 local currency.


Venezuela | Economy & Growth

Stock Markets, US$
22703 USD
GDP (current US$)
371336634590 USD
GDP (current LCU)
3031242431000 LCU
GDP (constant 2000 US$)
422046539728 USD
GDP (constant LCU)
59810257000 LCU
GNI (current US$)
359548708962 USD
GNI (current LCU)
2970791944500 LCU
GNI (constant 2000 US$)
415523781628 USD
GNI (constant LCU)
58507763512 LCU
Gross savings (current US$)
70623349835 USD
Gross savings (current LCU)
427130019800 LCU