Gross fixed capital formation, private sector in Colombia
Colombia: Gross fixed capital formation, private sector was 1.55 trillion current LCU in 1989. ◆ Volatile
Gross fixed capital formation, private sector in Colombia, 1970–1989
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 1989, gross fixed capital formation, private sector in Colombia stood at 1.55 trillion current LCU. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 14.6% on the previous year and up 1,193.9% over ten years.
Over the whole period, gross fixed capital formation, private sector in Colombia peaked at 1.55 trillion current LCU in 1989 and was at its lowest, 16.96 billion current LCU, in 1970.
Colombia ranks 31st of 105 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.58 billion current LCU | 16.96 billion current LCU | 119.77 billion current LCU | 10 |
| 1980s | 605.39 billion current LCU | 154.30 billion current LCU | 1.55 trillion current LCU | 10 |
Countries ranked near Colombia
More economy & growth data for Colombia
- DEC alternative conversion factor 4,053 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 65.68 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 16.20 billion current US$ (2025)
- Taxes less subsidies on products 181.46 trillion current LCU (2025)
- Taxes less subsidies on products 44.77 billion current US$ (2025)
- Net primary income (Net income from abroad) -32.15 trillion current LCU (2025)
- Net primary income (Net income from abroad) -7.93 billion current US$ (2025)
- GNI per capita 34.10 million current LCU (2025)
- GNI per capita, Atlas method 7,900 current US$ (2025)
- GNI 1,821.79 trillion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Colombia?
- Gross fixed capital formation, private sector in Colombia was 1.55 trillion current LCU in 1989, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Colombia?
- The highest recorded value was 1.55 trillion current LCU in 1989.
- What is the lowest gross fixed capital formation, private sector recorded in Colombia?
- The lowest recorded value was 16.96 billion current LCU in 1970.
- How does Colombia rank for gross fixed capital formation, private sector?
- Colombia ranks 31st out of 105 countries with data for 1989.
- Is gross fixed capital formation, private sector rising or falling in Colombia?
- Over the last ten years it is up 1,193.9%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.