This table includes additional information to the above visualized indicators, i.e. a short definition of this indicator and a description of the politically determined target values as well as explaining the political intention behind selecting this indicator.
The indicator shows the share of gross fixed capital formation relative to nominal gross domestic product (which means at current prices). This share is also referred to as the investment ratio. The level of gross fixed capital formation includes additions (that is, acquisitions less disposals without taking into account consumption of fixed capital) of fixed assets by resident economic units. Fixed assets are produced assets that are designed for repeated or continuous use in production processes for longer than a year. These include buildings and structures (dwellings, other buildings and structures), equipment (machinery, vehicles, tools including weapons systems) and other assets (intellectual property such as investments in research and development, computer software and databases, entertainment, literary or artistic originals, mineral exploration and evaluation as well as animal resources and tree, crop and plant resources). Also included are improvements on existing stocks of fixed assets that lead to a significant increase in the value of an asset and/or prolong its useful life.
|Target and intention||
The future strength and competitiveness of an economy depend crucially on corporate and governmental investments. For this reason, the target of the Federal Government is to promote appropriate development of the ratio of gross fixed capital formation to gross domestic product (GDP).
The data published in the indicator report 2022 is as of 31 October 2022. The data shown on this platform is updated regularly, so that more current data may be available online than published in the indicator report 2022.