Gross Fixed Capital Formation (As % of GDP) fell to 18.6% in Paraguay in 2017

Gross Fixed Capital Formation (As % of GDP) (%)
Economy | Paraguay | May 17, 2019
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Gross fixed capital formation as a share of GDP reached 11.5 % in 1962 in Paraguay, according to the National Statistical Office. This is 12.9 % more than in the previous year.

Historically, gross fixed capital formation as a share of GDP in Paraguay reached an all time high of 27.4 % in 1981 and an all time low of 10.2 % in 1963. When compared to Paraguay's main peers, gross fixed capital formation as a share of GDP in Argentina amounted to 21.7 %, 9.97 % in Bolivia and 15.5 % in Chile in 1962.

Paraguay has been ranked 46th within the group of 55 countries we follow in terms of gross fixed capital formation as a share of GDP.

Gross fixed capital formation includes: land improvements (fences, ditches, drains, and so on); purchases of plant, machinery, and equipment, and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings.

Gross Fixed Capital Formation (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Argentina % 17.2% 15.9% 16.3% 16.0% 15.6%
Bolivia % 19.0% 18.4% 19.1% 21.0% 21.4%
Brazil % 20.6% 20.7% 20.9% 19.9% 17.8%
Chile % 23.1% 24.9% 24.8% 23.8% 23.8%
Paraguay % 21.0% 19.5% 19.0% 19.8% 19.1%
Peru % 23.3% 25.0% 25.3% 24.5% 23.1%
Uruguay % 19.1% 22.2% 21.8% 21.4% 19.8%
Venezuela % 17.7% 20.3% 22.2% 21.6% ... ... ...