Ethiopia - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Ethiopia was 1,037,690,000,000 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 1,037,690,000,000 in 2020 and a minimum value of 165,380,000,000 in 2011.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2011 165,380,000,000
2012 277,243,000,000
2013 295,456,000,000
2014 403,043,000,000
2015 527,897,000,000
2016 585,665,000,000
2017 704,596,000,000
2018 764,076,000,000
2019 948,866,000,000
2020 1,037,690,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts