BUSINESS INVESTMENT
In the Basque Country, gross fixed capital formation (GFCF) fell from 19.3% in 2012 to 19.1% in 2021. This indicates that the essential resources and investments have been defined in the last decade. It bottomed out in 2015 at 17.7%, after which it rose gradually to stand at 19.1% in 2021.
The figures for the Basque Country indicate that while it is below the European average, fixed investments remain steady, which can have a significant impact on economic growth.
Compared to the other European regions, the Basque Country is in the lower half. In high positions are the regions of North-East Europe, Hungary, Romania and Germany, as well as some Czech and Dutch regions (Southern Transdanubia, București - Ilfov, the Northern Great Plain, Zeeland, Central Bohemia and Trier), with values over 30. In the lower positions are Greece and the eastern regions. Close to 15 are North-West Bulgaria, Central Macedonia, Silesia, Severozapaden and Attica.
In relation to European countries, the Basque Country, with a percentage of 19.1%, is in the lower half. Below the GFCF of Germany, at 21.2%, France at 23.5% and Sweden at 25.1%. Greece, on the other hand, as a figure of 13.8%, the lowest fixed investment in Europe.