Gross Capital Formation (USD) rose 14.733726951006% to USD 11,694 bil in Bulgaria in 2017

Gross Capital Formation (USD) (USD bil)
Economy | Bulgaria | May 17, 2019
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Gross capital formation reached 11,694 USD bil in 2017 in Bulgaria, according to the National Statistical Office. This is 14.7 % more than in the previous year.

Historically, gross capital formation in Bulgaria reached an all time high of 20,117 USD bil in 2008 and an all time low of 30.4 USD bil in 1996. When compared to Bulgaria's main peers, gross capital formation in Greece amounted to 25,405 USD bil, 51,778 USD bil in Romania, 8,700 USD bil in Serbia and 263,726 USD bil in Turkey in 2017.

Bulgaria has been ranked 77th within the group of 158 countries we follow in terms of gross capital formation, 9 places behind the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises) less disposals of fixed assets.

Gross Capital Formation (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Albania USD bil 4,049 3,490 3,584 3,396 2,940
Bosnia and Herzegovina USD bil 3,494 3,311 3,302 3,547 3,024
Bulgaria USD bil 12,328 11,827 11,695 12,240 10,637
Croatia USD bil 12,900 10,844 11,293 10,824 9,901
Greece USD bil 43,471 31,454 27,827 28,233 20,086
Hungary USD bil 28,799 24,874 28,432 32,622 27,776
Iran USD bil 215,201 241,579 180,850 173,381 131,327
Iraq USD bil 28,718 29,318 63,120 60,305 43,832
Macedonia USD bil 2,824 2,819 3,116 3,442 3,067
Moldova USD bil 1,696 1,722 1,969 2,081 1,477
Romania USD bil 51,570 46,138 48,854 49,276 44,702
Serbia USD bil 9,341 8,560 8,034 7,734 7,005
Turkey USD bil 260,319 247,373 283,018 271,226 243,856
Ukraine USD bil 36,608 38,172 33,892 17,885 14,504