Gross fixed capital formation as a share of GDP reached 15.0 % in 2017 in Brazil, according to the National Statistical Office. This is 3.53 % less than in the previous year.
Historically, gross fixed capital formation as a share of GDP in Brazil reached an all time high of 26.9 % in 1989 and an all time low of 15.0 % in 2017. When compared to Brazil's main peers, gross fixed capital formation as a share of GDP in Bolivia amounted to 21.3 % and 20.6 % in Peru in 2017.
Brazil has been ranked 143rd within the group of 157 countries we follow in terms of gross fixed capital formation as a share of GDP, 2 places above 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.