Ireland - Gross fixed capital formation in constant LCU prices of 2015

91,187,947,090 (LCU) in 2022

In 2022, real gross fixed capital formation for Ireland was 91,187 million LCU. Real gross fixed capital formation of Ireland increased from 10,427 million LCU in 1973 to 91,187 million LCU in 2022 growing at an average annual rate of 6.18%.

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What is real gross fixed capital formation?

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 Ireland real gross fixed capital formation?