Gross fixed capital formation at current prices

Name: Gross fixed capital formation at current prices
Creator: Eurostat
Published: 2015-10-16 10:46:13.419151
License: https://creativecommons.org/licenses/by/4.0

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Gross fixed capital formation (GFCF) consists of resident producers' acquisitions, less disposals, of fixed assets during a given period plus certain additions to the value of non-produced assets realised by the productive activity of producer or institutional units. GFCF includes acquisition less disposals of, e.g. buildings, structures, machinery and equipment, mineral exploration, computer software, literary or artistic originals and major improvements to land such as the clearance of forests. The input data are obtained through official transmissions of national accounts' country data in the ESA 2010 transmission programme. Data are expressed as % of GDP, in million euro and in million units of national currency.