Gross Fixed Capital Formation in European Union increased to 695.84 EUR Billion in the first quarter of 2021 from 690.41 EUR Billion in the fourth quarter of 2020. source: EUROSTAT
Gross Fixed Capital Formation in European Union averaged 591.51 EUR Billion from 1995 until 2021, reaching an all time high of 746.12 EUR Billion in the fourth quarter of 2019 and a record low of 446 EUR Billion in the first quarter of 1995. This page provides - European Union Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Gross Fixed Capital Formation - values, historical data and charts - was last updated on July of 2021.
Gross Fixed Capital Formation in European Union is expected to be 683.45 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in European Union to stand at 719.49 in 12 months time. In the long-term, the European Union Gross Fixed Capital Formation is projected to trend around 742.29 EUR Billion in 2022 and 757.13 EUR Billion in 2023, according to our econometric models.