Ethiopia ET: GDP: Gross Fixed Capital Formation

Ethiopia ET: GDP: Gross Fixed Capital Formation data was reported at 704,596.000 ETB mn in 2017. This records an increase from the previous number of 585,665.000 ETB mn for 2016. Ethiopia ET: GDP: Gross Fixed Capital Formation data is updated yearly, averaging 403,042.900 ETB mn from Jul 2011 (Median) to 2017, with 7 observations. The data reached an all-time high of 704,596.000 ETB mn in 2017 and a record low of 165,379.700 ETB mn in 2011. Ethiopia ET: 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 Ethiopia – Table ET.World Bank: Gross Domestic Product: Nominal. 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. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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What was Ethiopia's Ethiopia ET: GDP: Gross Fixed Capital Formation in 2016?

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