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- Acquisition of produced assetsGross fixed capital formation (GFCF), also known as "investment", is a macroeconomic concept used in official national accounts12. It is defined as the acquisition of produced assets, including the production of such assets by producers for their own use, minus disposals1. Gross fixed capital formation includes spending on land improvements, plant, machinery, and equipment purchases, and the construction of roads, railways, private residential dwellings, and commercial and industrial buildings3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Switch to the accessible table representation. Gross fixed capital formation (GFCF), also called "investment", is defined as the acquisition of produced assets (including purchases of second-hand assets), including the production of such assets by producers for their own use, minus disposals.
data.oecd.org/gdp/investment-gfcf.htmGross fixed capital formation ( GFCF) is a macroeconomic concept used in official national accounts such as the United Nations System of National Accounts (UNSNA), National Income and Product Accounts (NIPA) and the European System of Accounts (ESA).
en.wikipedia.org/wiki/Gross_fixed_capital_formationGross fixed capital formation includes spending on land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; the construction of roads, railways, private residential dwellings, and commercial and industrial buildings. Disposal of fixed assets is taken away from the total.
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Gross fixed capital formation (GFCF) is a component of the expenditure on gross domestic product (GDP) that indicates how much of the new value added in an economy is invested rather than consumed. It measures the value of acquisitions of new or existing fixed assets by the business sector, … See more
Detailed standard definitions of gross fixed capital formation (GFCF) are provided by the United Nations System of National Accounts (UNSNA) and the IMF Balance of Payments system. … See more
Differences in the investment rates between countries very often mirror different levels of economic development and catching-up … See more
In the 1993 UNSNA standards (and earlier), offensive weaponry and their means of delivery were excluded from capital formation, … See more
Wikipedia text under CC-BY-SA license Web14 December 2017 by Tejvan Pettinger. Definition: Gross fixed capital formation is essentially net investment. It is a component of the …
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WebJul 30, 2023 · The World Bank tracks gross capital formation, which it defines as outlays on additions to fixed assets, plus the net change in inventories. Fixed assets include plants,...
WebGross fixed capital formation (GFCF) is used in the compilation of the UK National Accounts’ expenditure approach to the measurement of gross domestic product (GDP) in the second estimate of...
WebGross fixed capital formation (net investment) is the net amount of fixed capital accumulation. It measures the increase in the capital stock less the disposal of fixed assets. It excludes land purchases. It excludes …
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