Portugal - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Portugal was -5.75 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 34.00 in 1977 and a minimum value of -45.31 in 1975.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 -3.53
1972 14.90
1973 21.09
1974 -8.54
1975 -45.31
1976 29.65
1977 34.00
1978 6.57
1979 7.47
1980 10.70
1981 3.61
1982 1.29
1983 -19.09
1984 -20.39
1985 -1.99
1986 17.93
1987 28.61
1988 21.78
1989 1.99
1990 10.64
1991 -0.20
1992 3.18
1993 -8.71
1994 12.15
1995 6.02
1996 4.16
1997 13.04
1998 12.34
1999 7.54
2000 1.54
2001 1.87
2002 -5.66
2003 -9.85
2004 4.75
2005 -0.58
2006 -0.20
2007 3.85
2008 0.85
2009 -11.83
2010 2.92
2011 -13.64
2012 -17.39
2013 -5.06
2014 4.07
2015 5.91
2016 2.53
2017 11.89
2018 7.84
2019 3.28
2020 -5.75

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts