Metadata Sub-indicator 17.13.1.3. Gross capital formation (interannual variation rate)

Goal

Goal 17. Strengthen the means of implementation and revitalize the global partnership for sustainable development

Target

Target 17.13. Enhance global macroeconomic stability, including through policy coordination and policy coherence

Indicator

Indicator 17.13.1. Macroeconomic Dashboard

Sub-indicator

Sub-indicator 17.13.1.3. Gross capital formation (interannual variation rate)

Type of indicator (global, European, national)

Global

Definition

Year-on-year variation rate of FBCF (gross fixed capital formation) in terms of chained volume.

Calculation method

\[ TV(FBCF)^{t}=(\frac{FBCF_{Encadenado}^t}{FBCF^{t-1}_{Encadenado}}-1) \cdot 100 \]Where: \(FBCF_{Encadenado}^t\)is the gross fixed capital formation in terms of volume chained in year t and \(FBCF^{t-1}_{Encadenado}\)is the gross fixed capital formation in terms of volume chained in year t-1.

Unit of measure

Percentage

Periodicity

Annual

Disaggregated data(Gender, age, region in Spain, other)

Tier

Tier I

Come from National Statistics Plan (YES/NO)

Yes

Statistical operation

Quarterly National Accounts of Spain: main aggregates (QNA) (ISO code: 30024)

Responsible institution

INE

Date of the last metadata update

25/10/2024

Link to United Nations metadata

https://unstats.un.org/sdgs/metadata/

Custody agency

World Bank

Observations

The calculation of the sub-indicator has been modified.

From October 2024 onwards, Gross Capital Formation (GCF) rates will be used for the calculation instead of Gross Fixed Capital Formation (GFCF) rates, in accordance with the 2024 statistical revision for the period 2000-2023.