Group of 7 countries (G7) Compared by Economy > Gross capital formation > Current US$ > Per $ GDP
DEFINITION:
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. Per $ GDP figures expressed per 1 $ gross domestic product.
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Interesting observations about Economy > Gross capital formation > Current US$ > Per $ GDP
- China ranked first for gross capital formation > current US$ > per $ GDP amongst Emerging markets in 2005.
- Equatorial Guinea ranked first for gross capital formation > current US$ > per $ GDP amongst Hot countries in 1998.
- Mauritania ranked first for gross capital formation > current US$ > per $ GDP amongst Muslim countries in 2005.
- Azerbaijan ranked first for gross capital formation > current US$ > per $ GDP amongst Europe in 2005.
- Latvia ranked first for gross capital formation > current US$ > per $ GDP amongst European Union in 2005.
- India ranked first for gross capital formation > current US$ > per $ GDP amongst Religious countries in 2005.
- Bhutan ranked first for gross capital formation > current US$ > per $ GDP amongst Landlocked countries in 2005.
- Estonia ranked first for gross capital formation > current US$ > per $ GDP amongst High income OECD countries in 2005.
- Saint Kitts and Nevis ranked first for gross capital formation > current US$ > per $ GDP amongst Heavily indebted countries in 2004.
- Lesotho ranked second for gross capital formation > current US$ > per $ GDP amongst Christian countries in 2005.
