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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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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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