Tanzania TZ: GDP: Growth: Gross Fixed Capital Formation

Tanzania TZ: GDP: Growth: Gross Fixed Capital Formation data was reported at 12.403 % in 2016. This records an increase from the previous number of 10.642 % for 2015. Tanzania TZ: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 10.513 % from Dec 1991 (Median) to 2016, with 26 observations. The data reached an all-time high of 21.724 % in 2011 and a record low of -14.891 % in 1995. Tanzania TZ: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tanzania – Table TZ.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

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