Adjusted savings: consumption of fixed capital in Eritrea
Eritrea: Adjusted savings: consumption of fixed capital was 9.7% in 2011. ▲ Rising
Adjusted savings: consumption of fixed capital in Eritrea, 1992–2011
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Eritrea recorded 9.7% for adjusted savings: consumption of fixed capital in 2011.
The figure is up 2.1% on the previous year and up 2.2% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Eritrea peaked at 10.1% in 2002 and was at its lowest, 7.5%, in 1992.
Eritrea ranks 143rd of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Adjusted savings: consumption of fixed capital in Eritrea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1992 | 7.5% | — |
| 1993 | 8.2% | +9.0% |
| 1994 | 8.0% | -1.7% |
| 1995 | 8.8% | +10.1% |
| 1996 | 9.4% | +6.9% |
| 1997 | 9.7% | +2.9% |
| 1998 | 8.9% | -8.0% |
| 1999 | 9.0% | +0.5% |
| 2000 | 9.6% | +6.4% |
| 2001 | 9.5% | -0.7% |
| 2002 | 10.1% | +6.1% |
| 2003 | 9.7% | -3.7% |
| 2004 | 9.8% | +0.7% |
| 2005 | 8.8% | -10.2% |
| 2006 | 8.5% | -3.5% |
| 2007 | 8.5% | +0.5% |
| 2008 | 9.3% | +9.0% |
| 2009 | 9.1% | -1.5% |
| 2010 | 9.5% | +4.1% |
| 2011 | 9.7% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.7% | 7.5% | 9.7% | 8 |
| 2000s | 9.3% | 8.5% | 10.1% | 10 |
| 2010s | 9.6% | 9.5% | 9.7% | 2 |
Countries ranked near Eritrea
- 140 Marshall Islands 9.8% compare
- 141 Libya 9.8% compare
- 142 Djibouti 9.7% compare
- 144 South Sudan 9.3%
- 145 Nicaragua 9.2% compare
- 146 Palestine, State of 9.2% compare
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- Gross national expenditure (current US$), annual growth rate 13.06 % change on previous year (2011)
- Gross national expenditure (current US$), per unit of GDP 1.37 current US$ per US$ of GDP (2011)
- Gross national expenditure (current US$), per capita 946.35 current US$ per person (2011)
- Gross national expenditure (current LCU), annual growth rate 13.06 % change on previous year (2011)
- Gross national expenditure (current LCU), per unit of GDP 21.13 current LCU per US$ of GDP (2011)
- Gross national expenditure (current LCU), per capita 14,550 current LCU per person (2011)
- Exports of goods and services (current US$), annual growth rate 269.78 % change on previous year (2011)
- Exports of goods and services (current US$), per unit of GDP 0.1815 current US$ per US$ of GDP (2011)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Eritrea?
- Adjusted savings: consumption of fixed capital in Eritrea was 9.7% in 2011, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Eritrea?
- The highest recorded value was 10.1% in 2002.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Eritrea?
- The lowest recorded value was 7.5% in 1992.
- How does Eritrea rank for adjusted savings: consumption of fixed capital?
- Eritrea ranks 143rd out of 204 countries with data for 2011.
- Is adjusted savings: consumption of fixed capital rising or falling in Eritrea?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.