Investment (annual variation in %)
Investment typically refers to gross fixed investment or, more precisely, gross fixed capital formation (GFCF). Gross fixed capital formation is a macroeconomic aggregate used in national accounting that measures the value of acquisitions of new or existing fixed assets with a life span of more than one year by the business sector (national accounting generally considers personal spending and most government spending as consumption).
Gross fixed capital formation includes spending on factories, machinery, equipment, buildings (including private residential dwellings) and infrastructure. Investment is called “gross” because it does not consider the consumption of fixed assets (depreciation); the term “fixed” is used because inventories (stocks) are not included; and the term “capital formation” is used because financial investments are not included.
The investment component of Gross Domestic Product (GDP) is much more cyclical than consumption. When businesses expect economic growth to be strong, they are more likely to invest. The level of capacity utilization and interest rates also determine investment decisions.
The table below shows the percent changes in gross fixed investment for the last five years.
Looking for forecasts? FocusEconomics Consensus Forecasts cover approx. 30 macro-economic indicators per country for a 5-year forecast period and quarterly forecasts for the most important economic variables. Get Details.
Investment Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Albania | 3.8 | 2.5 | 6.7 | 2.6 | -3.1 |
| Algeria | 5.7 | 3.5 | 3.4 | 3.1 | 1.0 |
| Angola | -1.9 | -19.5 | 3.0 | -6.2 | - |
| Argentina | 3.5 | -5.8 | 12.2 | -5.7 | -15.9 |
| Armenia | 2.3 | -8.8 | 7.0 | 8.6 | 5.0 |
| Australia | -4.0 | -2.4 | 3.5 | 2.5 | -2.2 |
| Austria | 2.3 | 4.1 | 4.0 | 3.9 | 2.7 |
| Bahrain | -8.5 | 10.8 | 11.0 | 4.7 | - |
| Belarus | -15.5 | -14.5 | 5.5 | 4.4 | 5.6 |
| Belgium | 3.7 | 3.8 | 1.3 | 4.0 | 3.2 |
| Bolivia | 5.0 | 3.4 | 11.8 | 3.2 | -3.5 |
| Bosnia and Herzegovina | -3.5 | 2.5 | 5.8 | 9.2 | - |
| Brazil | -13.9 | -12.1 | -2.6 | 3.9 | 2.2 |
| Bulgaria | 2.7 | -6.6 | 3.2 | 5.4 | 2.2 |
| Canada | -4.3 | -4.0 | 4.0 | 1.8 | -0.4 |
| Chile | -0.3 | -1.3 | -3.1 | 4.8 | 4.2 |
| China | 7.0 | 6.8 | 4.4 | 4.8 | 4.5 |
| Colombia | 2.4 | -2.9 | 1.9 | 1.5 | 4.3 |
| Costa Rica | 3.0 | 4.8 | -2.5 | 3.0 | -6.4 |
| Croatia | 3.8 | 6.5 | 5.1 | 4.1 | 7.1 |
| Cyprus | -0.2 | 48.9 | 24.1 | -6.6 | 0.1 |
| Czech Republic | 10.3 | -3.2 | 4.0 | 7.5 | 2.7 |
| Denmark | 5.5 | 7.9 | 3.0 | 5.4 | 3.4 |
| Dominican Republic | 18.9 | 12.3 | -0.3 | 13.3 | 8.1 |
| Ecuador | -6.2 | -8.9 | 5.3 | 2.0 | -3.4 |
| Egypt | - | - | - | - | - |
| El Salvador | 9.0 | 3.6 | 3.6 | 6.7 | 9.6 |
| Estonia | -3.2 | 0.8 | 12.5 | 1.7 | 13.4 |
| Eurozone | 4.5 | 4.0 | 3.8 | 2.3 | 5.8 |
| Finland | 0.5 | 8.6 | 4.2 | 3.9 | -0.6 |
| France | 0.9 | 2.5 | 5.0 | 3.2 | 4.3 |
| Germany | 1.8 | 3.8 | 2.5 | 3.5 | 2.6 |
| Ghana | -2.7 | 12.2 | 1.0 | 13.2 | -10.0 |
| Greece | 0.6 | 4.6 | 9.4 | -12.0 | 4.5 |
| Guatemala | -1.5 | -1.7 | 4.0 | 4.6 | 7.2 |
| Haiti | 3.6 | 1.1 | 0.9 | 2.3 | - |
| Honduras | 22.4 | -5.2 | 11.8 | 4.3 | -15.4 |
| Hong Kong | -3.2 | -0.1 | 3.1 | 1.7 | -12.3 |
| Hungary | 4.8 | -10.6 | 18.7 | 17.1 | 15.3 |
| Iceland | 21.3 | 17.8 | 10.8 | -1.1 | -6.3 |
| India | 6.5 | 8.5 | 7.2 | 9.8 | - |
| Indonesia | 5.0 | 4.5 | 6.2 | 6.6 | 4.4 |
| Iraq | - | - | - | - | - |
| Ireland | 52.6 | 50.8 | -6.8 | -21.1 | 94.1 |
| Israel | 0.0 | 12.9 | 4.2 | 5.0 | 1.1 |
| Italy | 1.6 | 4.2 | 3.4 | 2.9 | 1.4 |
| Jamaica | -4.8 | 0.1 | 4.6 | 5.7 | - |
| Japan | 1.6 | -0.3 | 3.0 | 0.6 | 1.3 |
| Kazakhstan | 4.2 | 3.0 | 4.5 | 5.4 | 11.9 |
| Kenya | 6.6 | -9.2 | 8.3 | 1.3 | 2.4 |
| Korea | 5.4 | 6.6 | 9.8 | -2.2 | -2.8 |
| Kosovo | 12.1 | 7.3 | 5.7 | 7.4 | 6.5 |
| Kuwait | - | - | - | - | - |
| Latvia | -1.2 | -8.2 | 11.3 | 15.8 | 3.1 |
| Lithuania | 4.9 | 3.4 | 8.2 | 8.4 | 7.4 |
| Luxembourg | -7.7 | 4.6 | 5.6 | -5.9 | 4.0 |
| Malaysia | 3.6 | 2.6 | 6.1 | 1.4 | -2.1 |
| Malta | 55.6 | -0.2 | -7.1 | -1.8 | 6.2 |
| Mexico | 5.0 | 1.0 | -1.6 | 0.9 | -4.9 |
| Morocco | 0.2 | 8.8 | -0.2 | 1.2 | 1.0 |
| Mozambique | -16.8 | -9.4 | -5.8 | 12.4 | - |
| Netherlands | 29.2 | -7.3 | 4.2 | 3.2 | 5.3 |
| New Zealand | 4.0 | 3.4 | 5.0 | 5.3 | 2.7 |
| Nicaragua | 27.7 | -0.3 | 1.2 | -26.4 | -30.6 |
| Nigeria | -1.3 | -4.8 | -3.0 | 9.7 | 8.3 |
| North Macedonia | 8.3 | 12.5 | -2.2 | -7.3 | 6.6 |
| Norway | -4.0 | 3.9 | 2.6 | 2.8 | 6.1 |
| Oman | -1.2 | 16.5 | -4.3 | -5.1 | - |
| Panama | 6.5 | 2.1 | 7.6 | 0.9 | - |
| Paraguay | -2.1 | 2.0 | 5.9 | 6.9 | -6.6 |
| Peru | -4.7 | -4.3 | -0.2 | 4.7 | 2.9 |
| Philippines | 13.8 | 20.9 | 10.6 | 12.9 | 3.9 |
| Poland | 6.1 | -8.2 | 4.0 | 9.4 | 7.2 |
| Portugal | 5.9 | 2.5 | 11.5 | 5.8 | 6.6 |
| Qatar | 1.6 | 22.5 | 1.3 | - | - |
| Romania | 7.2 | 0.0 | 3.5 | -1.0 | 17.9 |
| Russia | -10.6 | 1.3 | 4.7 | 0.1 | 1.5 |
| Saudi Arabia | 3.7 | -14.0 | 0.7 | -2.1 | 4.0 |
| Serbia | 4.9 | 5.4 | 7.3 | 17.8 | 16.4 |
| Singapore | 2.0 | 1.5 | 4.2 | -3.4 | -0.2 |
| Slovakia | 21.6 | -9.3 | 3.9 | 3.7 | 5.2 |
| Slovenia | -1.2 | -3.7 | 10.4 | 9.1 | 3.2 |
| South Africa | 2.5 | -3.5 | 1.0 | -1.4 | -0.9 |
| Spain | 4.9 | 2.4 | 5.9 | 5.3 | 1.8 |
| Sweden | 6.9 | 4.0 | 5.5 | 1.4 | -1.3 |
| Switzerland | 2.3 | 2.5 | 3.4 | 1.1 | 0.8 |
| Taiwan | 2.7 | 3.4 | -0.3 | 3.0 | 9.1 |
| Tajikistan | - | - | - | - | - |
| Tanzania | 7.1 | 16.0 | 15.8 | 15.5 | - |
| Thailand | 4.4 | 2.9 | 1.8 | 3.8 | 2.1 |
| Trinidad and Tobago | -31.5 | - | - | - | - |
| Tunisia | -0.5 | 1.1 | 0.3 | 2.0 | - |
| Turkey | 9.3 | 2.2 | 8.2 | -0.6 | -12.4 |
| USA | 3.4 | 1.9 | 4.2 | 4.6 | 1.3 |
| Ukraine | -9.2 | 20.4 | 16.1 | 16.6 | 14.2 |
| United Arab Emirates | 4.3 | 8.8 | -17.3 | 3.6 | 0.0 |
| United Kingdom | 3.7 | 3.6 | 1.6 | -0.2 | 0.6 |
| Uruguay | -9.2 | -1.6 | -15.7 | -2.7 | 1.4 |
| Uzbekistan | 0.8 | 16.4 | 7.1 | - | - |
| Venezuela | -20.4 | -45.1 | -45.3 | -37.5 | - |
| Vietnam | 9.4 | 9.9 | 10.2 | 8.6 | - |
Download Sample Report
Investment Economic News
-
Argentina: GDP growth improves in Q2
September 28, 2022
GDP growth gathered momentum to 6.9% year on year in the second quarter, from 6.0% in the first quarter. Fixed investment growth improved to 18.8% in Q2, from a 10.6% increase in the prior quarter.
-
Panama: GDP growth slows in Q2 to over one-year low
September 17, 2022
According to a preliminary reading, GDP growth softened to 9.8% year on year in the second quarter, from 13.6% in the first quarter.
-
New Zealand: The economy rebounds in Q2 amid easing Covid-19 restrictions
September 15, 2022
GDP increased 1.7% in seasonally adjusted quarter-on-quarter (s.a.
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
© Copyright: 2022. | Investment | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
