Ethiopia: Gross capital formation (constant LCU)

Key figures

What the numbers say

In 2025, Ethiopia's gross capital formation (constant LCU) rose 3.4% on 2024 (from 844.12 billion to 873.06 billion).

Across the 13 yearly changes before that (2012 to 2024), the average change was +12% and a typical year strayed about 13.7% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 46.5% in 2012 and the biggest yearly fall was 3.3% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 28.99 billion a year. A straight line explains 91% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 971.57 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 42.84 billion, against 87.73 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Ethiopia had the 50th highest value of the 123 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Ethiopia in the 2025 ranking

• Norway — 46th of 123: 1.01 trillion
• Iceland — 47th of 123: 957.03 billion
• Nepal — 48th of 123: 947.85 billion
• Brazil — 50th of 123: 776.57 billion
• Germany — 51st of 123: 768.18 billion
• Ukraine — 52nd of 123: 658.13 billion

What this measures

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 15 values

Gross capital formation (constant LCU) in nearby economies

• Angola — 2.64 trillion (2024)
• Benin — 3.53 trillion (2025)
• Botswana — 64.6 billion (2024)
• Burkina Faso — 3.1 trillion (2025)
• Cabo Verde — 55.5 billion (2025)
• Cameroon — 5.49 trillion (2025)
• Central African Republic — 110.67 billion (2025)
• Chad — 2.14 trillion (2025)
• Comoros — 100.52 billion (2025)
• Congo, Dem. Rep. — 6.22 trillion (2025)

More economic policy & debt data for Ethiopia

• GDP (current US$) — US$126.36 billion (2025)
• GDP (current LCU) — 15.09 trillion (2025)
• GDP per capita (current US$) — US$932.73 (2025)
• GDP per capita (current LCU) — 111,421 (2025)
• GNI (current US$) — US$126.14 billion (2025)
• GNI (current LCU) — 15.07 trillion (2025)
• GNI per capita (current LCU) — 111,231 (2025)
• Total reserves, including gold (current US$) — US$3.78 billion (2024)
• Total reserves, excluding gold (current US$) — US$3.78 billion (2024)
• GDP (constant 2015 US$) — US$128.07 billion (2025)
• GDP (constant LCU)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Ethiopia's gross capital formation (constant LCU)?

873.06 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2011?

It is up 315.14% from 210.31 billion in 2011 (10.7% a year on average, compounded). The highest value was 873.06 billion in 2025 and the lowest 210.31 billion in 2011.

Source

World Bank, World Development Indicators, indicator NE.GDI.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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