GDFI - general government in Eritrea
Eritrea: GDFI - general government was 3.02 billion current LCU in 2005. ◆ Volatile
GDFI - general government in Eritrea, 1992–2005
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
Eritrea recorded 3.02 billion current LCU for gdfi - general government in 2005. That is the highest value across all 14 years on record.
The figure is up 37.1% on the previous year and up 564.6% over ten years.
Over the whole period, gdfi - general government in Eritrea peaked at 3.02 billion current LCU in 2005 and was at its lowest, 71.30 million current LCU, in 1992.
That places Eritrea 37th out of 42 countries with data for 2005, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDFI - general government in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 71.30 million current LCU | — |
| 1993 | 355.10 million current LCU | +398.0% |
| 1994 | 354.00 million current LCU | -0.3% |
| 1995 | 453.90 million current LCU | +28.2% |
| 1996 | 677.80 million current LCU | +49.3% |
| 1997 | 895.30 million current LCU | +32.1% |
| 1998 | 1.44 billion current LCU | +60.5% |
| 1999 | 2.25 billion current LCU | +56.2% |
| 2000 | 1.15 billion current LCU | -49.0% |
| 2001 | 2.04 billion current LCU | +78.2% |
| 2002 | 1.87 billion current LCU | -8.4% |
| 2003 | 2.19 billion current LCU | +16.9% |
| 2004 | 2.20 billion current LCU | +0.7% |
| 2005 | 3.02 billion current LCU | +37.1% |
Eritrea compared with similar countries
- Eritrea's 3.02 billion current LCU is below the median for Sub-Saharan Africa, which is 120.91 billion current LCU, 2% of the median. (38 countries reporting)
- Eritrea's 3.02 billion current LCU is below the median for low income countries, which is 135.18 billion current LCU, 2% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where GDFI - general government in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +398.0% | 71.30 million current LCU | 355.10 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 811.31 million current LCU | 71.30 million current LCU | 2.25 billion current LCU | 8 |
| 2000s | 2.08 billion current LCU | 1.15 billion current LCU | 3.02 billion current LCU | 6 |
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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gdfi - general government in Eritrea?
- Gdfi - general government in Eritrea was 3.02 billion current LCU in 2005, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gdfi - general government recorded in Eritrea?
- The highest recorded value was 3.02 billion current LCU in 2005.
- What is the lowest gdfi - general government recorded in Eritrea?
- The lowest recorded value was 71.30 million current LCU in 1992.
- How does Eritrea rank for gdfi - general government?
- Eritrea ranks 37th out of 42 countries with data for 2005.
- Is gdfi - general government rising or falling in Eritrea?
- Over the last ten years it is up 564.6%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of GDFI - general government (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General government’s gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets, by local, state or central government. Most outlays by government on military equipment are excluded. According to 93SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of government consumption expenditure. Data are in current local currency.