Gross capital formation in constant prices of 2015

44,353,473,654 (US dollars) in 2022

In 2022, real gross capital formation for Portugal was 44,353 million US dollars. Though Portugal real gross capital formation fluctuated substantially in recent years, it tended to increase through 1973 - 2022 period ending at 44,353 million US dollars in 2022.

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Gross capital formation (also known as 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.

Date Value Change, %
2022 44,353,473,654 3.47%
2021 42,867,962,993 11.42%
2020 38,473,580,895 -4.72%
2019 40,378,861,131 3.28%
2018 39,095,786,211 7.84%
2017 36,254,187,437 11.89%
2016 32,401,776,329 2.53%
2015 31,601,859,697 5.91%
2014 29,838,375,533 4.07%
2013 28,672,610,266 -5.06%
2012 30,199,420,023 -17.39%
2011 36,554,558,766