Eritrea vs Norway: Gross capital formation (current LCU), per unit of GDP

Eritrea
1.94 current LCU per US$ of GDP
in 2011
Norway
2.41 current LCU per US$ of GDP
in 2025
Eritrea rank
101st
Norway rank
99th

Gross capital formation (current LCU), per unit of GDP over time

  • Eritrea
  • Norway
01234197019972025

How they compare

Norway currently reports 2.41 current LCU per US$ of GDP against 1.94 current LCU per US$ of GDP in Eritrea, a difference of 0.47 current LCU per US$ of GDP.

That makes Norway's figure about 1.2 times Eritrea's.

The two have swapped places 3 times across 20 shared years of data; in 1992 it was Norway ahead.

Eritrea ranks 101st and Norway ranks 99th of 187 countries.

Eritrea has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Eritrea Norway Difference Ahead
1990s 1.79 current LCU per US$ of GDP 1.64 current LCU per US$ of GDP 0.1549 current LCU per US$ of GDP Eritrea
2000s 2.73 current LCU per US$ of GDP 1.51 current LCU per US$ of GDP 1.21 current LCU per US$ of GDP Eritrea
2010s 1.92 current LCU per US$ of GDP 1.41 current LCU per US$ of GDP 0.5117 current LCU per US$ of GDP Eritrea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current lcu), per unit of gdp, Eritrea or Norway?
Norway, at 2.41 current LCU per US$ of GDP against 1.94 current LCU per US$ of GDP in Eritrea as of 2025.
What is the difference in gross capital formation (current lcu), per unit of gdp between Eritrea and Norway?
0.47 current LCU per US$ of GDP, with Norway ahead.
How many years of comparable data are there for Eritrea and Norway?
20 years are reported by both, from 1992 to 2011.
How do Eritrea and Norway rank globally for gross capital formation (current lcu), per unit of gdp?
Eritrea ranks 101st and Norway ranks 99th of 187 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Eritrea vs Norway: Gross capital formation (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu-per-unit-of-gdp/eritrea/norway/

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About this data

Indicator
Gross capital formation (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 8,666 data points, 1960–2025
Last refreshed

Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.