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Ethiopia - Gross capital formation in constant prices of 2010

704,596,000,000 (US dollars) in 2017

In 2017, real gross capital formation for Ethiopia was 704,596 million US dollars. Real gross capital formation of Ethiopia increased from 12,730 million US dollars in 1998 to 704,596 million US dollars in 2017 growing at an average annual rate of 24.84 %.

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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 704,596,000,000 19.69 %
2016 588,705,000,000 15.07 %
2015 511,618,000,000 26.98 %
2014 402,921,900,000 36.37 %
2013 295,456,411,229 6.57 %
2012 277,244,000,000 67.64 %
2011 165,380,000,000 61.50 %
2010 102,403,000,000 24.03 %
2009 82,560,000,000 37.24 %
2008 60,156,000,000 45.91 %
2007 41,227,000,000 14.67 %
2006 35,952,000,000