Gross capital formation (constant 2015 US$)

This economic indicator represents the total investments made in an economy, encompassing expenditures on fixed assets and adjustments in inventory levels. Fixed assets cover a diverse range of tangible assets, including land enhancements and essential infrastructures such as transportation networks, educational institutions, and healthcare facilities, reflecting both societal needs and economic development. Additionally, the measure includes inventories, which serve as critical buffers for businesses in response to market fluctuations. By incorporating net acquisitions of valuables, this indicator provides a comprehensive view of capital creation and preservation over time. Expressed in constant 2015 U.S. dollars, it allows for an accurate assessment of real growth and investment changes, facilitating international comparisons and effective economic planning. Source: