Azerbaijan vs Eritrea: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Azerbaijan
- Eritrea
How they compare
Azerbaijan currently reports 3.34 billion current LCU against 3.26 billion current LCU in Eritrea, a difference of 73.36 million current LCU.
The two have swapped places 3 times across 15 shared years of data; in 1993 it was Eritrea ahead.
Azerbaijan ranks 87th and Eritrea ranks 88th of 105 countries.
Across the 2 decades both report, Azerbaijan averaged higher in 1 and Eritrea in 1.
Head to head by decade
| Decade | Azerbaijan | Eritrea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 623.32 million current LCU | 933.50 million current LCU | 310.18 million current LCU | Eritrea |
| 2000s | 3.00 billion current LCU | 2.12 billion current LCU | 881.35 million current LCU | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Azerbaijan or Eritrea?
- Azerbaijan, at 3.34 billion current LCU against 3.26 billion current LCU in Eritrea as of 2007.
- What is the difference in gross fixed capital formation, private sector between Azerbaijan and Eritrea?
- 73.36 million current LCU, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Eritrea?
- 15 years are reported by both, from 1993 to 2007.
- How do Azerbaijan and Eritrea rank globally for gross fixed capital formation, private sector?
- Azerbaijan ranks 87th and Eritrea ranks 88th of 105 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation, private sector (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.