Gross fixed capital formation (current US$)

This economic indicator measures the total financial investment in a nation’s productive assets over a specified period, reflecting the value of tangible and intangible assets created or enhanced within that timeframe. It encompasses a wide range of expenditures, including the purchase of machinery and equipment, infrastructure development such as roads and bridges, and the construction of buildings that serve residential, commercial, and institutional purposes. Additionally, it captures the valuation of improvements to land and the acquisition of valuable items that contribute to economic capacity. By analyzing these investments in current U.S. dollars, policymakers and analysts gain insights into the health of an economy, its growth potential, and the commitment to long-term development strategies. Source: