Gross capital formation growth in Pakistan 2011-2023
In 2023, the annual growth of gross capital formation in Pakistan decreased by 17.7 percentage points (-513.04 percent) compared to 2022. This marks the lowest annual growth during the observed period.
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 Pakistan with key insights such as total reserves, charges for the use of intellectual property, and personal remittances received.
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 Pakistan with key insights such as total reserves, charges for the use of intellectual property, and personal remittances received.
