Gross fixed capital formation is expenditure for capital goods which have an effective life of more than one year and which do not represent commodities for consumption. Gross fixed capital formation includes residential and non residential buildings and other constructions such as roads and airports as well as machinery. Expenditure on capital goods and buildings for military requirements is not included in this breakdown, but rather is classified as government consumption. Gross fixed capital formation, in the general government sector, is defined as the difference between government expenditure on additions to its fixed assets and net sales of similar second-hand and scrapped goods. Items classified as fixed capital formation include: dwelling and non-dwelling buildings; roads, bridges and similar constructions; machinery and equipment; motor vehicles; major repairs and alterations to Every country, region and year the World Bank publishes for indicator NE.GDI.FTOT.CR (Indonesia Database for Policy and Economic Research), delivered as a tidy table — country, ISO code, year and value — ready for analysis in Excel, R, Python or the Intigal AI workspace. Original compiler: BADAN PUSAT STATISTIK - Statistics Indonesia.
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