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Gross fixed capital formation (GFCF) is a component of the expenditure on gross domestic product (GDP) that indicates how much of the new value added in an economy is invested rather than consumed. It measures the value of acquisitions of new or existing fixed assets by the business sector , governments , and "pure" households (excluding their ...
Map of countries by Gross fixed capital formation (% of GDP), 2023, according to World Bank. This is the list of countries by gross fixed capital formation (GFCP), formerly known as gross fixed investment. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
Government acquisition of goods and services intended to create future benefits, such as infrastructure investment or research spending, is classed as government investment (government gross capital formation). These two types of government spending, on final consumption and on gross capital formation, together constitute one of the major ...
In the national accounts (e.g., in the United Nations System of National Accounts and the European System of Accounts) gross capital formation is the total value of the gross fixed capital formation (GFCF), plus net changes in inventories, plus net acquisitions less disposals of valuables for a unit or sector. [3]
Gross fixed capital formation, a macroeconomic concept used in official national accounts Gluten-free, casein-free diet , a diet that eliminates intake of gluten and casein Topics referred to by the same term
This article includes two lists of Organisation for Economic Co-operation and Development (OECD) member states sorted by their gross domestic product per capita, the value of all final goods and services produced within a nation in a given year, converted to U.S. dollars, divided by the average (or mid-year) population for the same year.
This is a list of OECD regions by GDP per capita, a ranking of subnational entities from members of the Organisation for Economic Co-operation and Development (OECD) by gross domestic product at purchasing power parity prices per capita. The 381 areas shown below are "territorial level 2" (TL2) regions. Data are in current 2016 international ...
"Gross" means total product, regardless of the use to which it is subsequently put. "Net" means "Gross" minus the amount that must be used to offset depreciation – ie., wear-and-tear or obsolescence of the nation's fixed capital assets. "Net" gives an indication of how much product is actually available for consumption or new investment.