Religious 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.
CONTENTS
Citation
Interesting observations about Economy > Gross capital formation > Current US$
- India ranked first for gross capital formation > current US$ amongst Hot countries in 2005.
- United States ranked first for gross capital formation > current US$ amongst Christian countries in 2004.
- Turkey ranked first for gross capital formation > current US$ amongst Muslim countries in 2005.
- China ranked first for gross capital formation > current US$ amongst Emerging markets in 2005.
- Germany ranked first for gross capital formation > current US$ amongst Europe in 2005.
- South Africa ranked first for gross capital formation > current US$ amongst Sub-Saharan Africa in 2005.
- France ranked first for gross capital formation > current US$ amongst Catholic countries in 2005.
- Switzerland ranked first for gross capital formation > current US$ amongst Landlocked countries in 2004.
- Japan ranked second for gross capital formation > current US$ globally in 2004.
- Russia ranked first for gross capital formation > current US$ amongst Former Soviet republics in 2005.
