Gross capital formation growth Bhutan 2013-2022
The annual growth of gross capital formation in Bhutan increased by 8.9 percentage points (+44.59 percent) compared to the previous year. Therefore, the annual growth in Bhutan reached a peak in 2022 with 28.84 percent. Nevertheless, the last two years recorded a significantly lower annual growth than the preceding years.
Gross capital formation comprises expenses on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements, plant, machinery, and equipment purchases, and the construction of roads, railways, 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. The annual growth rate of gross capital formation is based on constant local currency.
Find more statistics on other topics about Bhutan with key insights such as gross capital formation, gross savings, and total reserves.
Gross capital formation comprises expenses on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements, plant, machinery, and equipment purchases, and the construction of roads, railways, 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. The annual growth rate of gross capital formation is based on constant local currency.
Find more statistics on other topics about Bhutan with key insights such as gross capital formation, gross savings, and total reserves.
