Gross Fixed Capital Formation — Value US$ (US Value) in Ethiopia
Ethiopia: Gross Fixed Capital Formation — Value US$ (US Value) was 27,434 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Ethiopia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$ in Ethiopia stood at 27,434 million USD.
Compared with earlier readings it is down 17.4% on the previous year and up 37.4% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Ethiopia peaked at 33,213 million USD in 2023 and was at its lowest, 793.26 million USD, in 1992.
That places Ethiopia 73rd 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$ (US Value) in Ethiopia, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 1,180 million USD | — |
| 1991 | 1,122 million USD | -5.0% |
| 1992 | 793.26 million USD | -29.3% |
| 1993 | 905.5 million USD | +14.2% |
| 1994 | 913.94 million USD | +0.9% |
| 1995 | 1,052 million USD | +15.1% |
| 1996 | 1,327 million USD | +26.2% |
| 1997 | 1,222 million USD | -7.9% |
| 1998 | 1,789 million USD | +46.4% |
| 1999 | 1,758 million USD | -1.7% |
| 2000 | 1,782 million USD | +1.4% |
| 2001 | 1,876 million USD | +5.3% |
| 2002 | 2,030 million USD | +8.2% |
| 2003 | 2,055 million USD | +1.2% |
| 2004 | 2,884 million USD | +40.4% |
| 2005 | 3,163 million USD | +9.7% |
| 2006 | 4,133 million USD | +30.7% |
| 2007 | 4,598 million USD | +11.3% |
| 2008 | 6,266 million USD | +36.3% |
| 2009 | 7,010 million USD | +11.9% |
| 2010 | 7,107 million USD | +1.4% |
| 2011 | 9,533 million USD | +34.1% |
| 2012 | 14,697 million USD | +54.2% |
| 2013 | 15,552 million USD | +5.8% |
| 2014 | 19,966 million USD | +28.4% |
| 2015 | 24,709 million USD | +23.8% |
| 2016 | 25,915 million USD | +4.9% |
| 2017 | 29,132 million USD | +12.4% |
| 2018 | 27,054 million USD | -7.1% |
| 2019 | 31,709 million USD | +17.2% |
| 2020 | 27,832 million USD | -12.2% |
| 2021 | 26,359 million USD | -5.3% |
| 2022 | 27,763 million USD | +5.3% |
| 2023 | 33,213 million USD | +19.6% |
| 2024 | 27,434 million USD | -17.4% |
Ethiopia compared with similar countries
- Ethiopia's 27,434 million USD is above the median for low income countries, which is 2,841 million USD, 9.7× the median. (23 countries reporting)
- Ethiopia's 27,434 million USD is above the median for Sub-Saharan Africa, which is 3,840 million USD, 7.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,206 million USD | 793.26 million USD | 1,789 million USD | 10 |
| 2000s | 3,580 million USD | 1,782 million USD | 7,010 million USD | 10 |
| 2010s | 20,537 million USD | 7,107 million USD | 31,709 million USD | 10 |
| 2020s | 28,520 million USD | 26,359 million USD | 33,213 million USD | 5 |
Countries ranked near Ethiopia
- 70 Iraq 30,317 million USD compare
- 71 Ukraine 30,239 million USD compare
- 72 Panama 29,858 million USD compare
- 74 Oman 26,802 million USD compare
- 75 Democratic Republic of the Congo 23,541 million USD compare
- 76 Côte d'Ivoire 23,078 million USD compare
- 76 Cote d'Ivoire 23,078 million USD compare
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 us$ in Ethiopia?
- Gross fixed capital formation — value us$ in Ethiopia was 27,434 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Ethiopia?
- The highest recorded value was 33,213 million USD in 2023.
- What is the lowest gross fixed capital formation — value us$ recorded in Ethiopia?
- The lowest recorded value was 793.26 million USD in 1992.
- How does Ethiopia rank for gross fixed capital formation — value us$?
- Ethiopia ranks 73rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Ethiopia?
- Over the last ten years it is up 37.4%. 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$. Statizoid updates them automatically from the source API.
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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).