Gross fixed capital formation (constant 2015 US$)

This economic indicator provides a comprehensive measure of a nation’s investment in physical assets, reflecting how resources are allocated for long-term productivity enhancement. It encompasses a wide array of activities, including the installation of infrastructure such as roads and railways, construction of various types of buildings—from residential to commercial—and the acquisition of essential machinery and equipment. Additionally, it accounts for significant land improvements like drainage systems and fencing, ensuring a holistic view of investment activities. Data are presented in constant 2015 U.S. dollars, eliminating the effects of inflation and allowing for meaningful comparisons over time. By analyzing this indicator, policymakers and economists can better understand trends in capital investment and make informed decisions to drive sustainable economic growth. Source: