Ecuador - Gross fixed capital formation in % of GDP

25.4 (%) in 2017

In 2017, gross fixed capital formation for Ecuador was 25.4 %. Gross fixed capital formation of Ecuador increased from 18.9 % in 1998 to 25.4 % in 2017 growing at an average annual rate of 1.73%.

The description is composed by our digital data assistant.
What is gross fixed capital formation?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realized by the productive activity of institutional units.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

What is Ecuador gross fixed capital formation?