Gross fixed capital formation as a share of GDP reached 21.9 % in 2017 in Dominican Republic, according to the National Statistical Office. This is 2.24 % more than in the previous year.
Historically, gross fixed capital formation as a share of GDP in Dominican Republic reached an all time high of 28.1 % in 2008 and an all time low of 8.41 % in 1961. When compared to Dominican Republic's main peers, gross fixed capital formation as a share of GDP in Cuba amounted to 9.87 %, 22.1 % in Jamaica, 22.3 % in Mexico and 20.5 % in USA in 2017.
Dominican Republic has been ranked 83rd within the group of 157 countries we follow in terms of gross fixed capital formation as a share of GDP, 37 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.