Ethiopia - Gross capital formation (constant LCU)

Gross capital formation (constant LCU) in Ethiopia was at 404220112100 LCU, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 ethiopia gross capital formation constant lcu wb data




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Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and work in progress. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.


Ethiopia | Economy & Growth

GDP (current US$)
61539711687 USD
GDP (current LCU)
1236677943000 LCU
GDP (constant 2000 US$)
48330591495 USD
GDP (constant LCU)
748021086000 LCU
GNI (current US$)
61277211547 USD
GNI (current LCU)
1231402843000 LCU
GNI (constant 2000 US$)
29825574928 USD
GNI (constant LCU)
744628353926 LCU
Gross savings (current US$)
13482051597 USD
Gross savings (current LCU)
232632800299 LCU