Short-term indicators
National accounts

Gross fixed capital formation
price-adjusted
% changes on the previous year
Year, quarter Gross fixed
capital
formation
Machinery and
equipment
capital
formation
Construction
capital
formation
Housing Other
construction
Other
products
2025 I -1.0 -3.8 -1.0 -2.6 1.6 3.5
2024 IV -2.5 -5.9 -1.8 -4.2 2.2 2.4
III -2.4 -6.0 -2.7 -4.6 0.5 4.0
II -2.5 -4.8 -3.4 -5.2 -0.5 4.4
I -3.3 -4.9 -5.1 -6.0 -3.6 4.9
2023 IV -2.3 -3.7 -3.4 -4.1 -2.3 5.1
III -1.5 -2.9 -2.8 -3.6 -1.6 4.4
II -0.8 -0.1 -3.1 -3.3 -2.6 4.3
I -0.1 4.3 -4.3 -5.3 -2.6 4.9
2022 IV -1.3 5.3 -6.8 -7.5 -5.7 2.3
III 1.3 9.7 -3.8 -4.3 -2.9 2.6
II -2.1 1.3 -5.8 -6.1 -5.2 2.8
I 1.5 1.6 1.1 1.2 0.9 2.9
2021 IV -2.6 -2.0 -6.5 -6.4 -6.6 6.9
III -0.8 -1.5 -2.9 -1.6 -4.9 7.1
II 7.5 20.2 1.3 2.1 0.1 7.1
I -1.1 0.4 -4.7 -4.1 -5.6 6.8
2020 IV 0.8 -3.1 6.8 8.0 4.9 -5.8
III -3.7 -10.2 0.9 1.4 0.1 -6.0
II -7.6 -23.5 2.3 3.1 1.1 -6.0
I -1.2 -9.9 6.7 7.0 6.3 -5.8

As at 23 May 2025