Eritrea vs Georgia: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Eritrea
- Georgia
How they compare
Eritrea currently reports 3.26 billion current LCU against 1.71 billion current LCU in Georgia, a difference of 1.56 billion current LCU.
That makes Eritrea's figure about 1.9 times Georgia's.
The two have swapped places 2 times across 10 shared years of data; in 1993 it was Eritrea ahead.
Eritrea ranks 88th and Georgia ranks 91st of 105 countries.
Eritrea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Eritrea | Georgia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 933.50 million current LCU | 565.43 million current LCU | 368.07 million current LCU | Eritrea |
| 2000s | 1.69 billion current LCU | 1.63 billion current LCU | 50.81 million current LCU | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Eritrea or Georgia?
- Eritrea, at 3.26 billion current LCU against 1.71 billion current LCU in Georgia as of 2011.
- What is the difference in gross fixed capital formation, private sector between Eritrea and Georgia?
- 1.56 billion current LCU, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and Georgia?
- 10 years are reported by both, from 1993 to 2002.
- How do Eritrea and Georgia rank globally for gross fixed capital formation, private sector?
- Eritrea ranks 88th and Georgia ranks 91st 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.
Individual pages
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.