South and Central Asia Compared by Economy > Gross capital formation > Constant 2000 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 constant 2000 U.S. dollars.
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Interesting observations about Economy > Gross capital formation > Constant 2000 US$
- United States ranked first for gross capital formation > constant 2000 US$ amongst Heavily indebted countries in 2004.
- 23 of the bottom 132 countries by gross capital formation > constant 2000 US$ are Emerging markets'.
- 28 of the bottom 129 countries by gross capital formation > constant 2000 US$ are European.
- 3 of the bottom 90 countries by gross capital formation > constant 2000 US$ are Eurozone.
- 3 of the bottom 73 countries by gross capital formation > constant 2000 US$ are NATO.
- 4 of the bottom 137 countries by gross capital formation > constant 2000 US$ are Western European.
- 18 of the bottom 137 countries by gross capital formation > constant 2000 US$ are European Union.
- 17 of the bottom 55 countries by gross capital formation > constant 2000 US$ are Former British Colonies'.
- 14 of the bottom 125 countries by gross capital formation > constant 2000 US$ are High income OECD.
- 5 of the bottom 140 countries by gross capital formation > constant 2000 US$ are G7.
