In 2022, gross fixed capital formation for United States of America was 5,476,000 million US dollars. Between 1973 and 2022, gross fixed capital formation of United States of America grew substantially from 316,688 million to 5,476,000 million US dollars rising at an increasing annual rate that reached a maximum of 19.40% in 1978 and then decreased to 8.84% in 2022.
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.
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