Tanzania TZ: GDP: % of GDP: Gross Fixed Capital Formation

Tanzania TZ: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 33.700 % in 2016. This records a decrease from the previous number of 34.255 % for 2015. Tanzania TZ: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 25.760 % from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 34.255 % in 2015 and a record low of 14.721 % in 1997. Tanzania TZ: GDP: % of GDP: 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: Share of GDP. 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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