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Ethiopia - Gross capital formation in constant LCU prices of 2010

222,865,000,000 (LCU) in 2017

In 2017, real gross capital formation for Ethiopia was 222,865 million LCU. Real gross capital formation of Ethiopia increased from 5,748 million LCU in 1998 to 222,865 million LCU in 2017 growing at an average annual rate of 22.72 %.

The description is composed by our digital data assistant.

What is real gross capital formation?

Gross capital formation (also known as gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress'. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

What is Ethiopia real gross capital formation?

Date Value Change, %
2017 222,865,000,000 49.74 %
2016 148,837,000,000 27.22 %
2015 116,996,000,000 19.24 %
2014 98,120,700,000 26.38 %
2013 77,636,889,436 25.13 %
2012 62,044,500,000 16.74 %
2011 53,147,100,000 52.72 %
2010 34,801,000,000 10.33 %
2009 31,544,000,000 22.35 %
2008 25,782,000,000 34.82 %
2007 19,123,000,000 12.38 %
2006 17,016,000,000

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