Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Ethiopia

Ethiopia: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 25,384 million USD in 2024. ◆ Volatile

Latest (2024)
25,384 million USD
Change on year
up 7.2%
World rank
72nd
of 235 countries
All-time high
28,495 million USD
in 2017
All-time low
952.79 million USD
in 1992
Years of data
35
1990–2024

Gross Fixed Capital Formation — Value US$, 2015 prices in Ethiopia, 1990–2024

010.0k20.0k30.0k1990200720241990: 1.5k million USD1991: 1.2k million USD1992: 952.8 million USD1993: 1.1k million USD1994: 1.4k million USD1995: 1.0k million USD1996: 1.5k million USD1997: 1.2k million USD1998: 1.4k million USD1999: 1.4k million USD2000: 1.9k million USD2001: 2.2k million USD2002: 2.2k million USD2003: 2.0k million USD2004: 3.1k million USD2005: 3.1k million USD2006: 3.5k million USD2007: 3.7k million USD2008: 4.3k million USD2009: 6.2k million USD2010: 7.5k million USD2011: 10.1k million USD2012: 14.1k million USD2013: 15.9k million USD2014: 20.0k million USD2015: 24.7k million USD2016: 27.1k million USD2017: 28.5k million USD2018: 27.5k million USD2019: 27.4k million USD2020: 27.0k million USD2021: 25.5k million USD2022: 23.7k million USD2023: 23.7k million USD2024: 25.4k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2024, gross fixed capital formation — value us$, 2015 prices in Ethiopia stood at 25,384 million USD.

The figure is up 7.2% on the previous year and up 27.0% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices in Ethiopia peaked at 28,495 million USD in 2017 and was at its lowest, 952.79 million USD, in 1992.

That places Ethiopia 72nd out of 235 countries with data for 2024, putting it 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 US$, 2015 prices (US 2015) in Ethiopia, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in Ethiopia, 1990 to 2024.
Year million USD Change
1990 1,503 million USD —
1991 1,229 million USD -18.2%
1992 952.79 million USD -22.5%
1993 1,147 million USD +20.4%
1994 1,440 million USD +25.5%
1995 1,043 million USD -27.6%
1996 1,531 million USD +46.8%
1997 1,193 million USD -22.1%
1998 1,352 million USD +13.4%
1999 1,396 million USD +3.2%
2000 1,894 million USD +35.7%
2001 2,244 million USD +18.5%
2002 2,153 million USD -4.1%
2003 2,013 million USD -6.5%
2004 3,098 million USD +53.9%
2005 3,119 million USD +0.7%
2006 3,542 million USD +13.5%
2007 3,724 million USD +5.1%
2008 4,271 million USD +14.7%
2009 6,193 million USD +45.0%
2010 7,459 million USD +20.4%
2011 10,107 million USD +35.5%
2012 14,140 million USD +39.9%
2013 15,936 million USD +12.7%
2014 19,989 million USD +25.4%
2015 24,709 million USD +23.6%
2016 27,106 million USD +9.7%
2017 28,495 million USD +5.1%
2018 27,549 million USD -3.3%
2019 27,429 million USD -0.4%
2020 26,997 million USD -1.6%
2021 25,458 million USD -5.7%
2022 23,737 million USD -6.8%
2023 23,678 million USD -0.2%
2024 25,384 million USD +7.2%

Ethiopia compared with similar countries

  • Ethiopia's 25,384 million USD is above the median for low income countries, which is 3,201 million USD, 7.9× the median. (23 countries reporting)
  • Ethiopia's 25,384 million USD is above the median for Sub-Saharan Africa, which is 3,315 million USD, 7.7× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,279 million USD 952.79 million USD 1,531 million USD 10
2000s 3,225 million USD 1,894 million USD 6,193 million USD 10
2010s 20,292 million USD 7,459 million USD 28,495 million USD 10
2020s 25,051 million USD 23,678 million USD 26,997 million USD 5

Countries ranked near Ethiopia

  1. 69 Turkmenistan 27,871 million USD compare
  2. 70 Dominican Republic 26,625 million USD compare
  3. 71 Angola 25,996 million USD compare
  4. 73 Oman 25,122 million USD compare
  5. 74 Panama 25,077 million USD compare
  6. 75 Slovakia 23,696 million USD compare

See the full ranking of 265 places →

More economy & growth data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices in Ethiopia?
Gross fixed capital formation — value us$, 2015 prices in Ethiopia was 25,384 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Ethiopia?
The highest recorded value was 28,495 million USD in 2017.
What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Ethiopia?
The lowest recorded value was 952.79 million USD in 1992.
How does Ethiopia rank for gross fixed capital formation — value us$, 2015 prices?
Ethiopia ranks 72nd out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices rising or falling in Ethiopia?
Over the last ten years it is up 27.0%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices in Ethiopia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 13 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/ethiopia/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 data points, 1970–2024
Last refreshed

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).