Gross capital formation (current LCU) in Panama was reported at 16228135781 LCU in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Panama - Gross capital formation (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2023.


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 panama gross capital formation current lcu wb data


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 local currency.


Panama | World Bank Development Indicators