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In 2017, gross fixed capital formation for Ethiopia was 704,596 million %. Gross fixed capital formation of Ethiopia increased from 12,730 million % in 1998 to 704,596 million % in 2017 growing at an average annual rate of 24.68 %.The description is composed by our digital data assistant.
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.