Gross Capital Formation

Gross Capital Formation is the total value of investment in fixed assets, inventories and valuables within an economy during a given period. It includes gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables; precise coverage may vary across countries. As a measure of investment, it is a key driver of capital accumulation and future growth. This indicator is part of the Latin Macro Watch dataset published by the Inter-American Development Bank (IDB), which compiles harmonized macroeconomic series for Latin America and the Caribbean.

Coverage

The series covers 8 countries across Latin America and the Caribbean at annual and quarterly frequency, spanning 1990–2026. Values are reported in millions of USD, millions of domestic currency, as a share of GDP (% of GDP), in PPP-adjusted and constant-prices (national accounts deflator) terms, and seasonally adjusted, with quarter-on-quarter (QoQ %) and year-on-year (YoY %) transformations available. Quarterly values are reported as four-quarter trailing sums (annualized levels), and annual values correspond to the calendar-year sum.

Sources

Figures are drawn from national statistical agencies and, where noted, from IDB internal calculations based on official data. Sources include INEGI - Mexico, Instituto de Pesquisa Econômica Aplicada, Instituto Nacional de Estadística e Informática de Perú, Statistical Institute of Jamaica and internal calculations based on INDEC - Argentina.

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Format	CSV
Language	en
Country	Argentina Bahamas Trinidad & Tobago Belize Costa Rica Dominican Republic Ecuador Bolivia Brazil Chile Colombia El Salvador Jamaica Mexico Nicaragua Guatemala Guyana Haiti Honduras Panama Uruguay Venezuela Barbados Paraguay Peru Suriname
Data notes	What does Gross Capital Formation measure? It measures the total value of investment in fixed assets, inventories and valuables within an economy during a given period, including gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables. How many countries and which frequencies and period does it cover? The series covers 8 countries across Latin America and the Caribbean at annual and quarterly frequency, spanning 1990–2026. What units and transformations are available? Values are reported in millions of USD, millions of domestic currency, as a percentage of GDP, in PPP-adjusted and constant-prices (national accounts deflator) terms, and seasonally adjusted. Quarter-on-quarter (QoQ %) and year-on-year (YoY %) transformations are available. How are quarterly and annual values aggregated? Quarterly values are reported as four-quarter trailing sums (annualized levels), computed as the rolling sum of the current quarter and the three preceding quarters. Annual values correspond to the calendar-year sum. Where does the data come from? Data come from national statistical agencies and from IDB internal calculations based on official data. Sources include INEGI - Mexico, Instituto de Pesquisa Econômica Aplicada, Instituto Nacional de Estadística e Informática de Perú, Statistical Institute of Jamaica and INDEC - Argentina. How do I cite this indicator? Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Gross Capital Formation". data.iadb.org/dataset/latin-macro-watch-dataset.