Gross capital formation reached 25,405 USD bil in 2017 in Greece, according to the National Statistical Office. This is 13.4 % more than in the previous year.
Historically, gross capital formation in Greece reached an all time high of 86,883 USD bil in 2008 and an all time low of 237 USD bil in 1968. When compared to Greece's main peers, gross capital formation in Albania amounted to 3,245 USD bil, 11,694 USD bil in Bulgaria, 3,720 USD bil in Macedonia and 263,726 USD bil in Turkey in 2017.
Greece has been ranked 65th within the group of 158 countries we follow in terms of gross capital formation, 36 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.