Group of 7 countries (G7) Compared by Economy > Gross fixed capital formation > Current US$
DEFINITION:
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 current U.S. dollars.
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Interesting observations about Economy > Gross fixed capital formation > Current US$
- India ranked first for gross fixed capital formation > current US$ amongst Hot countries in 2005.
- United States ranked first for gross fixed capital formation > current US$ amongst Christian countries in 2004.
- Turkey ranked first for gross fixed capital formation > current US$ amongst Muslim countries in 2005.
- China ranked first for gross fixed capital formation > current US$ amongst Emerging markets in 2005.
- Germany ranked first for gross fixed capital formation > current US$ amongst Europe in 2005.
- South Africa ranked first for gross fixed capital formation > current US$ amongst Sub-Saharan Africa in 2005.
- France ranked first for gross fixed capital formation > current US$ amongst Catholic countries in 2005.
- Japan has ranked in the top 2 for gross fixed capital formation > current US$ since 1960.
- Switzerland ranked first for gross fixed capital formation > current US$ amongst Landlocked countries in 2004.
- Russia ranked first for gross fixed capital formation > current US$ amongst Former Soviet republics in 2005.
