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Definition
The gross domestic product (GDP) by expenditure based on gross fixed capital formation. Gross fixed capital formation is is measured by the total value of a producer's acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units. Expressed in the current prices of the US dollars.

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Related Variables

Gross Domestic Product in current prices Average annual growth rate of value added: Services GDP by expenditure: Gross fixed capital formation 2010 $ GDP by activity: Manufacturing

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