Aruba AW: GDP: USD: Gross Capital Formation

Aruba AW: GDP: USD: Gross Capital Formation data was reported at 728.526 USD mn in 2022. This records an increase from the previous number of 646.684 USD mn for 2021. Aruba AW: GDP: USD: Gross Capital Formation data is updated yearly, averaging 639.854 USD mn from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 912.698 USD mn in 2008 and a record low of 392.737 USD mn in 1996. Aruba AW: GDP: USD: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Aruba – Table AW.World Bank.WDI: Gross Domestic Product: Nominal. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' 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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What was Aruba's Aruba AW: GDP: USD: Gross Capital Formation in 2022?

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