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Austria - Gross capital formation in constant prices of 2010

92,985,840,000 (US dollars) in 2017

In 2017, real gross capital formation for Austria was 92,985 million US dollars. Real gross capital formation of Austria increased from 51,257 million US dollars in 1998 to 92,985 million US dollars in 2017 growing at an average annual rate of 3.28 %.

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What is real gross capital formation?

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.

What is Austria real gross capital formation?

Date Value Change, %
2017 92,985,840,000 7.30 %
2016 86,658,100,000 5.74 %
2015 81,951,690,000 4.54 %
2014 78,394,410,000 2.02 %
2013 76,842,480,000 0.57 %
2012 76,403,780,000 2.05 %
2011 74,866,530,000 11.92 %
2010 66,895,860,000 1.97 %
2009 65,602,950,000 -8.73 %
2008 71,876,080,000 2.95 %
2007 69,814,010,000 10.41 %
2006 63,234,230,000

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