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Growth & Investments: Expectations and Reality. Investment & Net Capital Stock (bn €)




Investment share to GDP (I/Y) is expected to increase from 11,6% in 2015 to 23,4% in 2020. In the period 2016-2020 with €40 bn investment per year (respectively €30 bn per year during 2009-2015) a total amount of €201 bn of investment is expected. However, disinvestment relatively to new investment is expected to keep going on, leading to a lower net capital stock of €760 bn in 2020. After 2020 and by 2030 a net capital stock increase of €185 bn will be the outcome of €528 bn of investment (€53 bn per year) and of €343 bn of fixed capital consumption.