🇪🇹 Ethiopia Gross fixed capital formation, private sector
Ethiopia Gross fixed capital formation, private sector was $1.75T in 2024, up 25.9% from 2023, according to World Bank data. The 10-year average is $811.33B. Historical data available from 2011 to 2024 (14 data points). The all-time high was $1.75T in 2024.
Source: World Bank World Development Indicators • 2011–2024 • 14 data points • Economy & Growth
Ethiopia Gross fixed capital formation, private sector (current LCU) — 2011 to 2024
About this Indicator
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $1.75T |
| 2023 | $1.39T |
| 2022 | $1.12T |
| 2021 | $868.99B |
| 2020 | $732.69B |
| 2019 | $645.23B |
| 2018 | $488.56B |
| 2017 | $449.28B |
| 2016 | $368.09B |
| 2015 | $301.04B |
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