Gross fixed capital formation as a share of GDP reached 18.6 % in 2017 in Paraguay, according to the National Statistical Office. This is 0.726 % less 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 14.8 %, 21.3 % in Bolivia, 15.0 % in Brazil and 21.6 % in Chile in 2017.
Paraguay has been ranked 118th within the group of 157 countries we follow in terms of gross fixed capital formation as a share of GDP, 28 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.