Annual growth of the gross capital formation in Eritrea
Eritrea: Annual growth of the gross capital formation was 466.9% in 2011. ◆ Volatile
Annual growth of the gross capital formation in Eritrea, 2000–2011
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2011, annual growth of the gross capital formation in Eritrea stood at 466.9%. That is the highest value across all 12 years on record.
The figure is up 6,167.0% on the previous year and up 531.1% over ten years.
Over the whole period, annual growth of the gross capital formation in Eritrea peaked at 466.9% in 2011 and was at its lowest, -40.0%, in 2006.
That places Eritrea 1st out of 167 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Eritrea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -17.1% | — |
| 2001 | 74.0% | -531.4% |
| 2002 | -16.9% | -122.8% |
| 2003 | -3.4% | -80.2% |
| 2004 | -17.9% | +433.4% |
| 2005 | -11.3% | -36.5% |
| 2006 | -40.0% | +252.8% |
| 2007 | -12.1% | -69.8% |
| 2008 | -5.7% | -53.3% |
| 2009 | -13.0% | +130.6% |
| 2010 | 7.5% | -157.2% |
| 2011 | 466.9% | +6167.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.3% | -40.0% | 74.0% | 10 |
| 2010s | 237.2% | 7.5% | 466.9% | 2 |
Countries ranked near Eritrea
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)
- Manufacturing, value added (constant LCU), per capita 125.2 constant LCU per person (2009)
- Industry (including construction), value added (current US$), annual 13.27 % change on previous year (2009)
- Industry (including construction), value added (current US$), per 0.2182 current US$ per US$ of GDP (2009)
- Industry (including construction), value added (current US$), per 140.28 current US$ per person (2009)
- Industry (including construction), value added (current LCU), annual 13.27 % change on previous year (2009)
- Industry (including construction), value added (current LCU), per 3.35 current LCU per US$ of GDP (2009)
- Industry (including construction), value added (current LCU), per 2,157 current LCU per person (2009)
- Industry (including construction), value added (constant LCU), annual -0.2424 % change on previous year (2009)
Frequently asked questions
- What is annual growth of the gross capital formation in Eritrea?
- Annual growth of the gross capital formation in Eritrea was 466.9% in 2011, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Eritrea?
- The highest recorded value was 466.9% in 2011.
- What is the lowest annual growth of the gross capital formation recorded in Eritrea?
- The lowest recorded value was -40.0% in 2006.
- How does Eritrea rank for annual growth of the gross capital formation?
- Eritrea ranks 1st out of 167 countries with data for 2011.
- Is annual growth of the gross capital formation rising or falling in Eritrea?
- Over the last ten years it is up 531.1%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).