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Lithuania - Gross capital formation in constant prices of 2010

7,534,045,100 (US dollars) in 2017

In 2017, real gross capital formation for Lithuania was 7,534 million US dollars. Though Lithuania real gross capital formation fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 7,534 million US dollars in 2017.

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What is real gross capital formation?

Gross capital formation (also known as gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress'. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

What is Lithuania real gross capital formation?

Date Value Change, %
2017 7,534,045,100 9.48 %
2016 6,881,490,300 -10.81 %
2015 7,715,320,800 10.87 %
2014 6,958,608,397 2.28 %
2013 6,803,722,189 5.31 %
2012 6,460,857,553 -4.87 %
2011 6,791,811,303 34.63 %
2010 5,044,949,308 51.40 %
2009 3,332,152,399 -63.46 %
2008 9,118,063,014 -2.22 %
2007 9,324,757,073 44.90 %
2006 6,435,242,056

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