Ethiopia - Gross fixed capital formation in constant LCU prices of 2015

556,050,397,087 (LCU) in 2022

In 2022, real gross fixed capital formation for Ethiopia was 556,050 million LCU. Real gross fixed capital formation of Ethiopia increased from 41,419 million LCU in 2003 to 556,050 million LCU in 2022 growing at an average annual rate of 15.93%.

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What is real 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) realised by the productive activity of institutional units.

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What is Ethiopia real gross fixed capital formation?