Figure D

Private and public nondefense capital stock as a share of GDP and public/private capital stock ratio, 1951–2011

Public Private Public-to-private ratio
1951 0.45 0.78 0.57
1952 0.44 0.78 0.57
1953 0.43 0.78 0.56
1954 0.43 0.77 0.55
1955 0.42 0.77 0.55
1956 0.43 0.78 0.55
1957 0.43 0.80 0.54
1958 0.45 0.81 0.55
1959 0.45 0.82 0.55
1960 0.46 0.82 0.56
1961 0.46 0.82 0.56
1962 0.46 0.80 0.58
1963 0.46 0.78 0.59
1964 0.46 0.76 0.61
1965 0.47 0.75 0.63
1966 0.47 0.73 0.64
1967 0.47 0.73 0.65
1968 0.48 0.73 0.66
1969 0.49 0.73 0.67
1970 0.51 0.75 0.68
1971 0.52 0.76 0.69
1972 0.54 0.77 0.70
1973 0.55 0.78 0.70
1974 0.58 0.81 0.72
1975 0.60 0.84 0.71
1976 0.60 0.86 0.70
1977 0.61 0.88 0.69
1978 0.61 0.90 0.67
1979 0.59 0.91 0.65
1980 0.58 0.93 0.63
1981 0.59 0.95 0.62
1982 0.59 0.97 0.61
1983 0.60 0.98 0.61
1984 0.59 0.98 0.60
1985 0.57 0.96 0.59
1986 0.55 0.94 0.59
1987 0.53 0.91 0.58
1988 0.52 0.90 0.58
1989 0.51 0.88 0.58
1990 0.51 0.88 0.58
1991 0.50 0.87 0.58
1992 0.50 0.86 0.58
1993 0.49 0.85 0.58
1994 0.49 0.84 0.58
1995 0.49 0.83 0.59
1996 0.49 0.83 0.59
1997 0.49 0.83 0.59
1998 0.48 0.82 0.59
1999 0.48 0.82 0.59
2000 0.48 0.82 0.59
2001 0.48 0.82 0.59
2002 0.49 0.83 0.59
2003 0.49 0.83 0.59
2004 0.50 0.83 0.60
2005 0.51 0.84 0.61
2006 0.53 0.84 0.62
2007 0.54 0.85 0.64
2008 0.57 0.87 0.65
2009 0.59 0.89 0.67
2010 0.61 0.90 0.68
2011 0.63 0.90 0.70
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Source: Author's analysis of Bureau of Economic Analysis National Income and Product Accounts (Table 1.1.5) and Fixed Assets Accounts (Tables 7.1.A and 7.1.B)

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