Gross fixed capital formation

National accounts and macroeconomics.

(GFCF).

Gross fixed capital formation is a measure of aggregate capital expenditure in a country or other macroeconomic unit:

- Net of disposals of capital assets

- Before consumption of fixed capital (depreciation and amortisation).

It includes expenditure by the both the public and private sectors.

See also

• Amortisation
• Capital expenditure
• Depreciation
• Fixed assets
• Gross domestic product
• Gross National Income
• Gross national product
• Macroeconomics
• Private sector
• Public sector