OPEC countries Compared by Economy > Gross capital formation > Current US$

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.


1 Iran 63.22 billion$ 2005
2 Saudi Arabia 50.32 billion$ 2005
3 United Arab Emirates 31.67 billion$ 2005
4 Algeria 30.68 billion$ 2005
5 Venezuela 30.36 billion$ 2005
6 Nigeria 20.64 billion$ 2005
7 Kuwait 15.95 billion$ 2005
8 Qatar 15.07 billion$ 2005
9 Libya 2.7 billion$ 2002
10 Angola 2.47 billion$ 2005


OPEC countries Compared by Economy > Gross capital formation > Current US$


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