Tanzania - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Tanzania was 2.39 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 21.72 in 2011 and a minimum value of -14.89 in 1995.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1991 11.82
1992 -1.90
1993 -11.44
1994 1.24
1995 -14.89
1996 -2.64
1997 0.41
1998 14.07
1999 6.20
2000 5.90
2001 11.99
2002 7.93
2003 13.98
2004 10.38
2005 18.69
2006 16.04
2007 14.50
2008 12.55
2009 -0.80
2010 11.49
2011 21.72
2012 1.00
2013 17.45
2014 7.22
2015 7.08
2016 15.99
2017 15.76
2018 7.71
2019 8.00
2020 2.39

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts