Ethiopia - Gross fixed capital formation in current prices

27,763,450,843 (US dollars) in 2022

In 2022, gross fixed capital formation for Ethiopia was 27,763 million US dollars. Gross fixed capital formation of Ethiopia increased from 2,054 million US dollars in 2003 to 27,763 million US dollars in 2022 growing at an average annual rate of 15.94%.

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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) realised by the productive activity of institutional units.

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What is Ethiopia gross fixed capital formation?