Ethiopia vs Norway: Gross fixed capital formation
Gross fixed capital formation over time
- Ethiopia
- Norway
How they compare
Norway currently reports 1.03 trillion constant LCU against 873.06 billion constant LCU in Ethiopia, a difference of 156.02 billion constant LCU.
That makes Norway's figure about 1.2 times Ethiopia's.
Across all 15 years both countries report, Norway has been ahead every year.
Globally, Ethiopia ranks 56th and Norway ranks 53rd of 167 countries.
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About this data
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 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.