Gross national expenditure (% of GDP)

IndicatorName: Gross national expenditure (% of GDP)

Longdefinition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).


Periodicity: Annual

Source: World Bank national accounts data, and OECD National Accounts data files.

Topic: Economic Policy & Debt: National accounts: Shares of GDP & other

Shortdefinition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).

value: World Development Indicators

value: Economy & Growth

name: Latin America & the Caribbean (IDA & IBRD countries)


sourceNote: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).

sourceOrganization: World Bank national accounts data, and OECD National Accounts data files.


name: Latin America & Caribbean (excluding high income)


name: Least developed countries: UN classification


name: Middle East & North Africa (IDA & IBRD countries)


name: Sub-Saharan Africa (excluding high income)


name: Europe & Central Asia (excluding high income)


name: Fragile and conflict affected situations


name: Middle East & North Africa (excluding high income)


name: East Asia & Pacific (IDA & IBRD countries)


name: East Asia & Pacific (excluding high income)


name: Sub-Saharan Africa (IDA & IBRD countries)


IndicatorName: Exports of goods and services (current US$)

Longdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Topic: Economic Policy & Debt: National accounts: US$ at current prices: Expenditure on GDP

Aggregationmethod: Gap-filled total

value: Trade


Shortdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

name: Exports of goods and services (current US$)


sourceNote: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.


name: Europe & Central Asia (IDA & IBRD countries)


IndicatorName: Exports of goods and services (current LCU)

Longdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Topic: Economic Policy & Debt: National accounts: Local currency at current prices: Expenditure on GDP


Shortdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

name: Exports of goods and services (current LCU)


sourceNote: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.


IndicatorName: Exports of goods and services (constant 2000 US$)

Longdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2000 U.S. dollars.

Topic: Economic Policy & Debt: National accounts: US$ at constant 2000 prices: Expenditure on GDP

name: Exports of goods and services (constant 2015 US$)

sourceNote: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2015 prices, expressed in U.S. dollars.


Shortdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2000 U.S. dollars.


IndicatorName: Exports of goods and services (annual % growth)

Longdefinition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Topic: Economic Policy & Debt: National accounts: Growth rates

Aggregationmethod: Weighted average

sourceNote: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.


Shortdefinition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

name: Exports of goods and services (annual % growth)


IndicatorName: Exports of goods and services (constant LCU)

Longdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Topic: Economic Policy & Debt: National accounts: Local currency at constant prices: Expenditure on GDP

BasePeriod: varies by country


Shortdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

name: Exports of goods and services (constant LCU)


sourceNote: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.


name: Latin America & the Caribbean (IDA & IBRD countries)


IndicatorName: Exports of goods and non-financial services, growth (%, constant LCU)

value: Africa Development Indicators

sourceNote:
"The annual rate of growth of exports of goods and non-financial services, as calculated from the constant local currency series.  Exports of goods and services represent the value of all goods and other market services provided to or received from the rest of the world. Included is the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services.  Data are in constant local currency.
  "


Longdefinition: The annual rate of growth of exports of goods and non-financial services, as calculated from the constant local currency series.  Exports of goods and services represent the value of all goods and other market services provided to or received from the rest of the world. Included is the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services.  Data are in constant local currency.

name: Exports of goods and non-financial services, growth (%, constant LCU)


Shortdefinition: The annual rate of growth of exports of goods and non-financial services, as calculated from the constant local currency series.  Exports of goods and services represent the value of all goods and other market services provided to or received from the rest of the world. Included is the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services.


name: Sub-Saharan Africa excluding South Africa


name: Sub-Saharan Africa excluding South Africa and Nigeria


IndicatorName: Export price index (goods and services, 2000=100)

Longdefinition: The exports price index is derived by dividing the national accounts exports of goods and services in current U.S. dollars by exports of goods and services in constant 2000 U.S. dollars, with 2000 equaling 100.

Topic: Private Sector & Trade: Trade indexes


Shortdefinition: The exports price index is derived by dividing the national accounts exports of goods and services in current U.S. dollars by exports of goods and services in constant 2000 U.S. dollars, with 2000 equaling 100.

name: Export price index (goods and services, 2000=100)


sourceNote: The exports price index is derived by dividing the national accounts exports of goods and services in current U.S. dollars by exports of goods and services in constant 2000 U.S. dollars, with 2000 equaling 100.


IndicatorName: Exports of goods and services (% of GDP)

Longdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.


Shortdefinition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

name: Exports of goods and services (% of GDP)


sourceNote: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.


name: Latin America & Caribbean (excluding high income)


name: Least developed countries: UN classification


name: Middle East & North Africa (IDA & IBRD countries)


name: Sub-Saharan Africa (excluding high income)


name: Fragile and conflict affected situations


name: Middle East & North Africa (excluding high income)


name: Europe & Central Asia (excluding high income)


name: East Asia & Pacific (excluding high income)


name: Sub-Saharan Africa (IDA & IBRD countries)


name: East Asia & Pacific (IDA & IBRD countries)


name: Europe & Central Asia (IDA & IBRD countries)


name: Latin America & the Caribbean (IDA & IBRD countries)


GDFI - central government (current US$)

IndicatorName: GDFI - central government (current US$)

Longdefinition: Central government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by central government.  Data are in current U.S. dollars.

Source: World Bank country economists.

sourceOrganization: World Bank country economists.


Shortdefinition: Central government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by central government.  Data are in current U.S. dollars.


sourceNote: Central government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by central government.  Data are in current U.S. dollars.


GDFI - central government (current LCU)

IndicatorName: GDFI - central government (current LCU)

Longdefinition: Central government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by central government.  Data are in current local currency.


Shortdefinition: Central government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by central government.  Data are in current local currency.


sourceNote: Central government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by central government.  Data are in current local currency.


IndicatorName: GDFI - central government (constant 2000 US$)

Longdefinition: Gross domestic fixed investment includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.


Shortdefinition: Gross domestic fixed investment includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.

name: GDFI - central government (constant 2000 US$)


sourceNote: Gross domestic fixed investment includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.


name: Sub-Saharan Africa excluding South Africa


name: Sub-Saharan Africa excluding South Africa and Nigeria


IndicatorName: GDFI - central government (constant LCU)


name: GDFI - central government (constant LCU)


GDFI - general government (current US$)

IndicatorName: GDFI - general government (current US$)

Longdefinition: General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state.  Data are in current U.S. dollars.


Shortdefinition: General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state.  Data are in current U.S. dollars.


sourceNote: General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state.  Data are in current U.S. dollars.


GDFI - general government (current LCU)

IndicatorName: GDFI - general government (current LCU)

Longdefinition: General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state or central government. Most outlays by government on military equipment are excluded. According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure. Data are in current local currency.


Shortdefinition: General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state or central government. Most outlays by government on military equipment are excluded. According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure. Data are in current local currency.


sourceNote: General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state or central government. Most outlays by government on military equipment are excluded. According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure. Data are in current local currency.


IndicatorName: GDFI - general government (constant 2000 US$)

sourceNote:
"
Gross domestic fixed investment includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.


name: GDFI - general government (constant 2000 US$)


IndicatorName: GDFI - general government (constant LCU)

Longdefinition: General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state or central government. Most outlays by government on military equipment are excluded. According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure. Data; constant prices, local currencies.

Shortdefinition: General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state or central government. Most outlays by government on military equipment are excluded. According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure. Data in constant 2000 local currency.


name: GDFI - general government (constant LCU)

sourceNote: General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state or central government. Most outlays by government on military equipment are excluded. According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure. Data; constant prices, local currencies.


IndicatorName: GDFI - state and local government (current US$)

Longdefinition: State and local governments’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by state and local governments.  Data are in current U.S. dollars.

Shortdefinition: State and local governments’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by state and local governments.  According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure.  Data are in current U.S. dollars.


name: GDFI - state and local government (current US$)

sourceNote: State and local governments’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by state and local governments.  Data are in current U.S. dollars.


IndicatorName: GDFI - state and local government (current LCU)

Longdefinition: State and local governments’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by state and local governments.  Data are in current local currency.

Shortdefinition: State and local governments’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by state and local governments.  According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure.  Data are in current local currency.


name: GDFI - state and local government (current LCU)

sourceNote: State and local governments’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by state and local governments.  Data are in current local currency.


IndicatorName: GDFI - state and local government (constant LCU)

Longdefinition: State and local governments’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by state and local governments.  Data are in constant local currency.

Shortdefinition: State and local governments’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by state and local governments.  According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure.  Data are in constant local currency.


name: GDFI - state and local government (constant LCU)

sourceNote: State and local governments’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by state and local governments.  Data are in constant local currency.


GDFI - public enterprises (current US$)

IndicatorName: GDFI - public enterprises (current US$)

Longdefinition: Public sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in current U.S. dollars.


Shortdefinition: Public sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in current U.S. dollars.


sourceNote: Public sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in current U.S. dollars.


GDFI - public enterprises (current LCU)

IndicatorName: GDFI - public enterprises (current LCU)

Longdefinition: Public sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets. Data are in current local currency.


Shortdefinition: Public sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets. Data are in current local currency.


sourceNote: Public sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets. Data are in current local currency.


IndicatorName: GDFI - public enterprises (constant LCU)

Shortdefinition: Public sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets. Data are in constant 2000 local currency.


Longdefinition: Public sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets. Data are in const

name: GDFI - public enterprises (constant LCU)


sourceNote: Public sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets. Data are in const


GDFI - private (current US$)

IndicatorName: GDFI - private sector (current US$)

Longdefinition: Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in current U.S. dollars.


Shortdefinition: Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in current U.S. dollars.


sourceNote: Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in current U.S. dollars.


IndicatorName: Gross fixed capital formation, private sector (current LCU)

Longdefinition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.


Shortdefinition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

name: Gross fixed capital formation, private sector (current LCU)


sourceNote: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.


name: Fragile and conflict affected situations


name: Middle East & North Africa (excluding high income)


name: Latin America & Caribbean (excluding high income)


name: Least developed countries: UN classification


name: Middle East & North Africa (IDA & IBRD countries)


name: Sub-Saharan Africa (excluding high income)


IndicatorName: GDFI - private sector (constant 2000 US$)

Longdefinition: Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in constant 2000 local currency.


Shortdefinition: Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in constant 2000 local currency.

name: GDFI - private sector (constant 2000 US$)


sourceNote: Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in constant 2000 local currency.


name: Sub-Saharan Africa excluding South Africa


name: Sub-Saharan Africa excluding South Africa and Nigeria


GDFI - private sector (constant LCU)

IndicatorName: GDFI - private sector (constant LCU)

Longdefinition: Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in constant local prices.


Shortdefinition: Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in constant local prices.


sourceNote: Private sector’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets.  Data are in constant local prices.


IndicatorName: Gross fixed capital formation, private sector (% of GDP)


name: Gross fixed capital formation, private sector (% of GDP)


name: Europe & Central Asia (excluding high income)


name: Europe & Central Asia (IDA & IBRD countries)


name: Latin America & the Caribbean (IDA & IBRD countries)


name: East Asia & Pacific (excluding high income)


name: Sub-Saharan Africa (IDA & IBRD countries)


name: East Asia & Pacific (IDA & IBRD countries)


GDFI - public sector (current US$)

IndicatorName: GDFI - public sector (current US$)

Longdefinition: Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in current U.S. dollars.


Shortdefinition: Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in current U.S. dollars.


sourceNote: Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in current U.S. dollars.


IndicatorName: Gross fixed capital formation, public sector (current LCU)

Longdefinition: Public investment covers gross outlays by the public sector on additions to its fixed domestic assets.


Shortdefinition: Public investment covers gross outlays by the public sector on additions to its fixed domestic assets.

name: Gross fixed capital formation, public sector (current LCU)


sourceNote: Public investment covers gross outlays by the public sector on additions to its fixed domestic assets.


IndicatorName: GDFI - public sector (constant 2000 US$)

Longdefinition: Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in constant 2000 U.S. dollars.


Shortdefinition: Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in constant 2000 U.S. dollars.

name: GDFI - public sector (constant 2000 US$)


sourceNote: Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in constant 2000 U.S. dollars.


GDFI - public sector (constant LCU)

IndicatorName: GDFI - public sector (constant LCU)

Longdefinition: Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in constant local currency.


Shortdefinition: Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in constant local currency.


sourceNote: Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in constant local currency.


Gross public investment (% of GDP)

IndicatorName: Gross public investment (% of GDP)

Longdefinition: Gross public investment (see definition below) as a percentage of GDP (%) .  Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure.

Source: World Bank country economists


Shortdefinition: Gross public investment (see definition below) as a percentage of GDP (%) .  Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure.


sourceNote: Gross public investment (see definition below) as a percentage of GDP (%) .  Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure.


IndicatorName: Gross fixed capital formation (current US$)

Longdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.


Shortdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

name: Gross fixed capital formation (current US$)


sourceNote: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.


name: Latin America & Caribbean (excluding high income)


name: Least developed countries: UN classification


name: Middle East & North Africa (IDA & IBRD countries)


name: Sub-Saharan Africa (excluding high income)


name: Fragile and conflict affected situations


name: Middle East & North Africa (excluding high income)


IndicatorName: Gross fixed capital formation (current LCU)

Longdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.


Shortdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

name: Gross fixed capital formation (current LCU)


sourceNote: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.


IndicatorName: Gross fixed capital formation (constant 2000 US$)

Longdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.

name: Gross fixed capital formation (constant 2015 US$)

sourceNote: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 2008 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2015 prices, expressed in U.S. dollars.


Shortdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.


name: Europe & Central Asia (excluding high income)


name: Europe & Central Asia (IDA & IBRD countries)


name: Latin America & the Caribbean (IDA & IBRD countries)


IndicatorName: Gross fixed capital formation (constant LCU)

Longdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.


Shortdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

name: Gross fixed capital formation (constant LCU)


sourceNote: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.


name: East Asia & Pacific (excluding high income)


name: Sub-Saharan Africa (IDA & IBRD countries)


IndicatorName: Gross fixed capital formation (% of GDP)

Longdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.


Shortdefinition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

name: Gross fixed capital formation (% of GDP)


sourceNote: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.


name: East Asia & Pacific (IDA & IBRD countries)


Changes in inventories (current US$)

IndicatorName: Changes in inventories (current US$)

Longdefinition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in current U.S. dollars.


Shortdefinition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in current U.S. dollars.


sourceNote: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in current U.S. dollars.


Changes in inventories (current LCU)

IndicatorName: Changes in inventories (current LCU)

Longdefinition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in current local currency.


Shortdefinition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in current local currency.


sourceNote: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in current local currency.


Changes in inventories (constant LCU)

IndicatorName: Changes in inventories (constant LCU)

Longdefinition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in constant local currency.


Shortdefinition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in constant local currency.


sourceNote: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in constant local currency.


IndicatorName: Change in stocks public sector (current US$)

Longdefinition: Changes in stocks/inventories of public sector comprises the value of the physical changes in (i) stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries, and (ii) stocks of strategic materials or other commodities of importance to the nation held by producers of government services. Data are in current U.S. dollars.


Shortdefinition: Changes in stocks/inventories of public sector comprises the value of the physical changes in (i) stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries, and (ii) stocks of strategic materials or other commodities of importance to the nation held by producers of government services. Data are in current U.S. dollars.

name: Change in stocks public sector (current US$)


sourceNote: Changes in stocks/inventories of public sector comprises the value of the physical changes in (i) stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries, and (ii) stocks of strategic materials or other commodities of importance to the nation held by producers of government services. Data are in current U.S. dollars.


name: Sub-Saharan Africa excluding South Africa


name: Sub-Saharan Africa excluding South Africa and Nigeria


IndicatorName: Change in stocks public sector (current LCU)

Longdefinition: Changes in stocks/inventories of public sector comprises the value of the physical changes in (i) stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries, and (ii) stocks of strategic materials or other commodities of importance to the nation held by producers of government services. Data are in current local currency.


Shortdefinition: Changes in stocks/inventories of public sector comprises the value of the physical changes in (i) stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries, and (ii) stocks of strategic materials or other commodities of importance to the nation held by producers of government services. Data are in current local currency.

name: Change in stocks public sector (current LCU)


sourceNote: Changes in stocks/inventories of public sector comprises the value of the physical changes in (i) stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries, and (ii) stocks of strategic materials or other commodities of importance to the nation held by producers of government services. Data are in current local currency.


IndicatorName: Change in stocks, public sector (constant LCU)

Longdefinition: Changes in stocks/inventories of public sector comprises the value of the physical changes in (i) stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries, and (ii) stocks of strategic materials or other commodities of importance to the nation held by producers of government services. Data are in constant local currency.


Shortdefinition: Changes in stocks/inventories of public sector comprises the value of the physical changes in (i) stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries, and (ii) stocks of strategic materials or other commodities of importance to the nation held by producers of government services. Data are in constant local currency.

name: Change in stocks, public sector (constant LCU)


sourceNote: Changes in stocks/inventories of public sector comprises the value of the physical changes in (i) stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries, and (ii) stocks of strategic materials or other commodities of importance to the nation held by producers of government services. Data are in constant local currency.


IndicatorName: Change in stocks, private sector (current US$)

Longdefinition: Changes in stocks/inventories of private sector comprises the value of the physical changes in stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries.  Data are in current U.S. dollars.


Shortdefinition: Changes in stocks/inventories of private sector comprises the value of the physical changes in stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries.  Data are in current U.S. dollars.

name: Change in stocks, private sector (current US$)


sourceNote: Changes in stocks/inventories of private sector comprises the value of the physical changes in stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries.  Data are in current U.S. dollars.


IndicatorName: Change in stocks, private sector (current LCU)

Longdefinition: Changes in stocks/inventories of private sector comprises the value of the physical changes in stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries.  Data are in current local currency.


Shortdefinition: Changes in stocks/inventories of private sector comprises the value of the physical changes in stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries.  Data are in current local currency.

name: Change in stocks, private sector (current LCU)


sourceNote: Changes in stocks/inventories of private sector comprises the value of the physical changes in stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries.  Data are in current local currency.


IndicatorName: Change in stocks, private sector (constant LCU)

Longdefinition: Changes in stocks/inventories of private sector comprises the value of the physical changes in stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries.  Data are in constant local currency.


Shortdefinition: Changes in stocks/inventories of private sector comprises the value of the physical changes in stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries.  Data are in constant local currency.

name: Change in stocks, private sector (constant LCU)


sourceNote: Changes in stocks/inventories of private sector comprises the value of the physical changes in stocks of raw materials, work-in-progress (excluding work put in place on structures, roads and other construction projects), and finished goods held by industries.  Data are in constant local currency.


Gross capital formation (current US$)

IndicatorName: Gross capital formation (current US$)

Longdefinition: Gross capital formation (formerly 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. Data are in current U.S. dollars.


Shortdefinition: Gross capital formation (formerly 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. Data are in current U.S. dollars.


sourceNote: Gross capital formation (formerly 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. Data are in current U.S. dollars.


name: Latin America & Caribbean (excluding high income)


name: Least developed countries: UN classification


name: Middle East & North Africa (IDA & IBRD countries)


name: Sub-Saharan Africa (excluding high income)


name: Europe & Central Asia (excluding high income)


name: Fragile and conflict affected situations


name: Middle East & North Africa (excluding high income)


name: East Asia & Pacific (excluding high income)


name: Sub-Saharan Africa (IDA & IBRD countries)


name: East Asia & Pacific (IDA & IBRD countries)


name: Europe & Central Asia (IDA & IBRD countries)


name: Latin America & the Caribbean (IDA & IBRD countries)


Gross capital formation (current LCU)

IndicatorName: Gross capital formation (current LCU)

Longdefinition: Gross capital formation (formerly 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. Data are in current local currency.


Shortdefinition: Gross capital formation (formerly 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. Data are in current local currency.


sourceNote: Gross capital formation (formerly 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. Data are in current local currency.


IndicatorName: Gross capital formation (constant 2000 US$)

Longdefinition: Gross capital formation (formerly 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. Data are in constant 2000 U.S. dollars.

name: Gross capital formation (constant 2015 US$)

sourceNote: Gross capital formation (formerly 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 2008 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2015 prices, expressed in U.S. dollars.


Shortdefinition: Gross capital formation (formerly 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. Data are in constant 2000 U.S. dollars.


Gross capital formation (constant LCU)

IndicatorName: Gross capital formation (constant LCU)

Longdefinition: Gross capital formation (formerly 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. Data are in constant local currency.


Shortdefinition: Gross capital formation (formerly 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. Data are in constant local currency.


sourceNote: Gross capital formation (formerly 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. Data are in constant local currency.


Gross capital formation (% of GDP)

IndicatorName: Gross capital formation (% of GDP)

Longdefinition: Gross capital formation (formerly 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.


Shortdefinition: Gross capital formation (formerly 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.


sourceNote: Gross capital formation (formerly 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.


IndicatorName: Imports of goods and services (current US$)

Longdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.


Shortdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

name: Imports of goods and services (current US$)


sourceNote: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.


IndicatorName: Imports of goods and services (current LCU)

Longdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.


Shortdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

name: Imports of goods and services (current LCU)


sourceNote: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.


IndicatorName: Imports of goods and services (constant 2000 US$)

Longdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2000 U.S. dollars.

name: Imports of goods and services (constant 2015 US$)

sourceNote: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2015 prices, expressed in U.S. dollars.


Shortdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2000 U.S. dollars.


IndicatorName: Imports of goods and services (annual % growth)

Longdefinition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

sourceNote: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.


Shortdefinition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

name: Imports of goods and services (annual % growth)


name: Latin America & Caribbean (excluding high income)


name: Least developed countries: UN classification


name: Middle East & North Africa (IDA & IBRD countries)


name: Sub-Saharan Africa (excluding high income)


IndicatorName: Imports of goods and services (constant LCU)

Longdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.


Shortdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

name: Imports of goods and services (constant LCU)


sourceNote: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.


name: Europe & Central Asia (excluding high income)


name: Fragile and conflict affected situations


name: Middle East & North Africa (excluding high income)


name: East Asia & Pacific (excluding high income)


name: Sub-Saharan Africa (IDA & IBRD countries)


name: Europe & Central Asia (IDA & IBRD countries)


name: Latin America & the Caribbean (IDA & IBRD countries)


IndicatorName: Import price index (goods and services 2000=100)

Longdefinition: The imports price index is derived by dividing the national accounts exports of goods and services in current U.S. dollars by imports of goods and services in constant 2000 U.S. dollars, with 2000 equaling 100.


Shortdefinition: The imports price index is derived by dividing the national accounts exports of goods and services in current U.S. dollars by imports of goods and services in constant 2000 U.S. dollars, with 2000 equaling 100.

name: Import price index (goods and services 2000=100)


sourceNote: The imports price index is derived by dividing the national accounts exports of goods and services in current U.S. dollars by imports of goods and services in constant 2000 U.S. dollars, with 2000 equaling 100.


name: Sub-Saharan Africa excluding South Africa


name: Sub-Saharan Africa excluding South Africa and Nigeria


IndicatorName: Imports of goods and services (% of GDP)

Longdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.


Shortdefinition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

name: Imports of goods and services (% of GDP)


sourceNote: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.


name: East Asia & Pacific (IDA & IBRD countries)


name: Latin America & Caribbean (excluding high income)


name: Least developed countries: UN classification


name: Middle East & North Africa (IDA & IBRD countries)


name: Sub-Saharan Africa (excluding high income)


Merchandise trade to GDP ratio (%)

IndicatorName: Merchandise trade to GDP ratio (%)

Longdefinition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars  and from the national accounts.


Shortdefinition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars  and from the national accounts.


sourceNote: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars  and from the national accounts.


IndicatorName: External balance on goods and services (current US$)

Longdefinition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.


Shortdefinition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

name: External balance on goods and services (current US$)


sourceNote: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.


IndicatorName: External balance on goods and services (current LCU)

Longdefinition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

name: Europe & Central Asia (excluding high income)


Shortdefinition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

name: External balance on goods and services (current LCU)


sourceNote: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.


name: Fragile and conflict affected situations


name: Middle East & North Africa (excluding high income)


name: East Asia & Pacific (excluding high income)


name: Sub-Saharan Africa (IDA & IBRD countries)


name: Europe & Central Asia (IDA & IBRD countries)


name: Latin America & the Caribbean (IDA & IBRD countries)


IndicatorName: External balance on goods and services (constant LCU)

Longdefinition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.


Shortdefinition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

name: External balance on goods and services (constant LCU)


sourceNote: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.


IndicatorName: External balance on goods and services (% of GDP)

Longdefinition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).


Shortdefinition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

name: External balance on goods and services (% of GDP)


sourceNote: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).


IndicatorName: Trade of goods and services (current US$)

Longdefinition: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.


Shortdefinition: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

name: Trade of goods and services (current US$)


sourceNote: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.


name: Sub-Saharan Africa excluding South Africa


name: Sub-Saharan Africa excluding South Africa and Nigeria


Trade (% of GDP)

IndicatorName: Trade (% of GDP)


name: East Asia & Pacific (IDA & IBRD countries)


name: Latin America & Caribbean (excluding high income)


name: Least developed countries: UN classification


name: Middle East & North Africa (IDA & IBRD countries)


name: Sub-Saharan Africa (excluding high income)


Terms of trade index (2000=100)

IndicatorName: Terms of trade index (2000=100)

Longdefinition: This is based upon goods and non-financial services from the National Accounts, that is, the terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.


Shortdefinition: This is based upon goods and non-financial services from the National Accounts, that is, the terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.


sourceNote: This is based upon goods and non-financial services from the National Accounts, that is, the terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.


IndicatorName: Terms of trade (goods and services, 2000 = 100)

Longdefinition: The terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.


Shortdefinition: The terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.

name: Terms of trade (goods and services, 2000 = 100)


sourceNote: The terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.


IndicatorName: Real agricultural GDP per capita growth rate (%)

Longdefinition: The growth rate of real per capita GDP in agriculture, expressed at an annual rate.


Shortdefinition: The growth rate of real per capita GDP in agriculture, expressed at an annual rate.

name: Real agricultural GDP per capita growth rate (%)


sourceNote: The growth rate of real per capita GDP in agriculture, expressed at an annual rate.


IndicatorName: Agriculture, value added (current US$)

Longdefinition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Topic: Economic Policy & Debt: National accounts: US$ at current prices: Value added

name: Agriculture, forestry, and fishing, value added (current US$)

sourceNote: Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.

value: Agriculture & Rural Development


Shortdefinition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.


name: Fragile and conflict affected situations


name: Middle East & North Africa (excluding high income)


name: Europe & Central Asia (excluding high income)


name: East Asia & Pacific (excluding high income)


name: Sub-Saharan Africa (IDA & IBRD countries)


name: Europe & Central Asia (IDA & IBRD countries)


name: Latin America & the Caribbean (IDA & IBRD countries)


IndicatorName: Agriculture, value added (current LCU)

Longdefinition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Topic: Economic Policy & Debt: National accounts: Local currency at current prices: Value added

name: Agriculture, forestry, and fishing, value added (current LCU)

sourceNote: Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current local currency.


Shortdefinition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.