Investment by asset refers to gross fixed capital formation broken down by the type of fixed assets acquired within the economy.
It includes six main asset categories: dwellings (excluding land); other buildings and structures (such as roads, bridges, airfields, dams); transport equipment (including ships, trains, aircraft); cultivated biological resources (such as managed forests and livestock raised for milk production); intellectual property products (including R&D, mineral exploration, software and databases, and literary and artistic originals); and Information and Communication Technology (ICT) equipment (including computer hardware, telecommunications equipment, and software and databases). All OECD countries compile their data according to the 2008 System of National Accounts (SNA).
The indicator is measured as a percentage of gross domestic product (GDP).