Nicaragua NI: GDP: USD: Gross Fixed Capital Formation

Nicaragua NI: GDP: USD: Gross Fixed Capital Formation data was reported at 3.883 USD bn in 2017. This records an increase from the previous number of 3.866 USD bn for 2016. Nicaragua NI: GDP: USD: Gross Fixed Capital Formation data is updated yearly, averaging 1.901 USD bn from Dec 1989 (Median) to 2017, with 17 observations. The data reached an all-time high of 3.920 USD bn in 2015 and a record low of 206.000 USD mn in 1990. Nicaragua NI: GDP: USD: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nicaragua – Table NI.World Bank: Gross Domestic Product: Nominal. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

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