Colombia - Gross fixed capital formation growth rate (at constant 2015 prices)

11.3 (%) in 2022

In 2022, gross fixed capital formation growth for Colombia was 11.3 %. Since 1973, gross fixed capital formation growth of Colombia fluctuated between a low of -34.6 % in 1999 and a high of 29 % in 1993 averaging at 4.3 between 1973 and 2022.

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What is gross fixed capital formation growth?

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.

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What is Colombia gross fixed capital formation growth?