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Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database.United States: Higher Education Costs Flat in 2018 E-Commerce Prompting Innovation by Traditional Postal Services The Global Opportunity Index 2018 了解更多
Gross capital formation (also known as 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.