Pakistan: Capital investment, percent of GDP
* indicates monthly or quarterly data series
Pakistan |
Capital investment as percent of GDP |
---|---|
Latest value | 13.71 |
Year | 2023 |
Measure | percent |
Data availability | 1960 - 2023 |
Average | 16.96 |
Min - Max | 12.81 - 22.72 |
Source | The World Bank |
The latest value from 2023 is 13.71 percent, a decline from 15.39 percent in 2022. In comparison, the world average is 23.15 percent, based on data from 128 countries. Historically, the average for Pakistan from 1960 to 2023 is 16.96 percent. The minimum value, 12.81 percent, was reached in 1973 while the maximum of 22.72 percent was recorded in 1965.
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The capital investment in Pakistan and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.
Definition: 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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Capital investment, percent of GDP | 13.71 | 2023 | percent |
Capital investment, in dollars | 46.39 | 2023 | billion U.S. dollars |
Household consumption, percent of GDP | 83.42 | 2023 | percent |
Household consumption, in dollars | 282.27 | 2023 | billion U.S. dollars |