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In 2017, real gross fixed capital formation for Brazil was 1,016,976 million LCU. Real gross fixed capital formation of Brazil increased from 182,489 million LCU in 1998 to 1,016,976 million LCU in 2017 growing at an average annual rate of 10.11 %.The description is composed by our digital data assistant.
Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.