Gross Fixed Capital Formation — Value Standard Local Currency in Ethiopia
Ethiopia: Gross Fixed Capital Formation — Value Standard Local Currency was 2.26 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Ethiopia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Ethiopia recorded 2.26 million million SLC for gross fixed capital formation — value standard local currency in 2024. That is the highest value across all 35 years on record.
The figure is up 24.6% on the previous year and up 477.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Ethiopia peaked at 2.26 million million SLC in 2024 and was at its lowest, 2,223 million SLC, in 1992.
Ethiopia ranks 60th of 230 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Ethiopia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 2,443 million SLC | — |
| 1991 | 2,322 million SLC | -5.0% |
| 1992 | 2,223 million SLC | -4.3% |
| 1993 | 4,528 million SLC | +103.7% |
| 1994 | 4,995 million SLC | +10.3% |
| 1995 | 6,478 million SLC | +29.7% |
| 1996 | 8,429 million SLC | +30.1% |
| 1997 | 8,200 million SLC | -2.7% |
| 1998 | 12,730 million SLC | +55.2% |
| 1999 | 13,961 million SLC | +9.7% |
| 2000 | 14,647 million SLC | +4.9% |
| 2001 | 15,870 million SLC | +8.3% |
| 2002 | 17,395 million SLC | +9.6% |
| 2003 | 17,669 million SLC | +1.6% |
| 2004 | 24,902 million SLC | +40.9% |
| 2005 | 27,409 million SLC | +10.1% |
| 2006 | 35,952 million SLC | +31.2% |
| 2007 | 41,227 million SLC | +14.7% |
| 2008 | 60,156 million SLC | +45.9% |
| 2009 | 82,560 million SLC | +37.2% |
| 2010 | 102,403 million SLC | +24.0% |
| 2011 | 161,107 million SLC | +57.3% |
| 2012 | 260,209 million SLC | +61.5% |
| 2013 | 289,675 million SLC | +11.3% |
| 2014 | 391,045 million SLC | +35.0% |
| 2015 | 508,436 million SLC | +30.0% |
| 2016 | 563,173 million SLC | +10.8% |
| 2017 | 695,265 million SLC | +23.5% |
| 2018 | 742,081 million SLC | +6.7% |
| 2019 | 921,767 million SLC | +24.2% |
| 2020 | 972,093 million SLC | +5.5% |
| 2021 | 1.15 million million SLC | +18.6% |
| 2022 | 1.44 million million SLC | +24.7% |
| 2023 | 1.81 million million SLC | +26.2% |
| 2024 | 2.26 million million SLC | +24.6% |
Ethiopia compared with similar countries
- Ethiopia's 2.26 million million SLC is above the median for low income countries, which is 2.25 million million SLC, 1.0× the median. (23 countries reporting)
- Ethiopia's 2.26 million million SLC is above the median for Sub-Saharan Africa, which is 1.26 million million SLC, 1.8× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,631 million SLC | 2,223 million SLC | 13,961 million SLC | 10 |
| 2000s | 33,779 million SLC | 14,647 million SLC | 82,560 million SLC | 10 |
| 2010s | 463,516 million SLC | 102,403 million SLC | 921,767 million SLC | 10 |
| 2020s | 1.53 million million SLC | 972,093 million SLC | 2.26 million million SLC | 5 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- SDRs holdings, US dollar, annual growth rate 4.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0318 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.4608 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0232 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -16.34 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0038 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 3.57 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -20.34 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Ethiopia?
- Gross fixed capital formation — value standard local currency in Ethiopia was 2.26 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Ethiopia?
- The highest recorded value was 2.26 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Ethiopia?
- The lowest recorded value was 2,223 million SLC in 1992.
- How does Ethiopia rank for gross fixed capital formation — value standard local currency?
- Ethiopia ranks 60th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Ethiopia?
- Over the last ten years it is up 477.7%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).