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In 2017, real gross fixed capital formation for Brazil was 1,025,615 million US dollars. Real gross fixed capital formation of Brazil increased from 183,464 million US dollars in 1998 to 1,025,615 million US dollars in 2017 growing at an average annual rate of 9.82 %.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.