Gross fixed capital formation as a share of GDP reached 14.8 % in 2017 in Argentina, according to the National Statistical Office. This is 1.11 % more than in the previous year.
Historically, gross fixed capital formation as a share of GDP in Argentina reached an all time high of 30.9 % in 1977 and an all time low of 12.0 % in 2002. When compared to Argentina's main peers, gross fixed capital formation as a share of GDP in Bolivia amounted to 21.3 %, 21.6 % in Chile, 18.6 % in Paraguay and 16.7 % in Uruguay in 2017.
Argentina has been ranked 145th within the group of 157 countries we follow in terms of gross fixed capital formation as a share of GDP, 9 places behind the position seen 10 years ago.
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.