Tanzania - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Tanzania was 61,438,400,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 61,438,400,000,000 in 2020 and a minimum value of 213,985,000,000 in 1990.

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
1990 213,985,000,000
1991 282,428,000,000
1992 369,367,000,000
1993 429,545,000,000
1994 561,819,000,000
1995 591,895,000,000
1996 620,597,000,000
1997 692,400,000,000
1998 1,829,190,000,000
1999 1,854,830,000,000
2000 2,008,220,000,000
2001 2,330,140,000,000
2002 2,636,960,000,000
2003 3,429,690,000,000
2004 4,662,270,000,000
2005 5,929,170,000,000
2006 7,355,180,000,000
2007 9,216,040,000,000
2008 12,062,400,000,000
2009 11,901,800,000,000
2010 13,748,300,000,000
2011 18,945,400,000,000
2012 20,543,500,000,000
2013 24,780,900,000,000
2014 27,399,800,000,000
2015 30,070,200,000,000
2016 35,492,800,000,000
2017 42,141,900,000,000
2018 50,390,100,000,000
2019 59,530,000,000,000
2020 61,438,400,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts