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Indonesia is the top country by real gross fixed capital formation in the world. As of 2016, real gross fixed capital formation in Indonesia was 3,181,414,064 million LCU that accounts for 45.27 % of the world's real gross fixed capital formation. The top 5 countries (others are Iran, Viet Nam, Republic of Korea, and Colombia) account for 91.53 % of it. The world's total real gross fixed capital formation was estimated at 7,027,226,804 million LCU in 2016.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.