United Republic of Tanzania - Gross fixed capital formation in % of GDP

33.1 (%) in 2017

In 2017, gross fixed capital formation for United Republic of Tanzania was 33.1 %. Though United Republic of Tanzania gross fixed capital formation fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 33.1 % in 2017.

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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.

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What is United Republic of Tanzania gross fixed capital formation?