Gross fixed capital formation (constant 2015 US$)
Data Source: World Bank, Long definition by ChatGPT: Gross fixed capital formation refers to the total value of the acquisition of new or existing fixed assets (such as machinery, equipment, infrastructure, etc.) by businesses, governments, and households within a specific time period.
The term "constant 2015 US$" indicates that the value of gross fixed capital formation has been adjusted to account for inflation and is presented in terms of the US dollar value in 2015, providing a standardized basis for comparison across different time periods. Description by ChatGPT OpenAI, #shorts