GDFI - private sector (constant LCU) in Eritrea
Eritrea: GDFI - private sector (constant LCU) was 443.35 million constant LCU in 2007. ▲ Rising
GDFI - private sector in Eritrea, 1992–2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
Eritrea recorded 443.35 million constant LCU for gdfi - private sector in 2007.
Compared with earlier readings it is down 8.4% on the previous year and down 16.6% over ten years.
Over the whole period, gdfi - private sector in Eritrea peaked at 753.13 million constant LCU in 1994 and was at its lowest, 114.78 million constant LCU, in 1993.
Eritrea ranks 38th of 38 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
GDFI - private sector (constant LCU) in Eritrea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1992 | 276.52 million constant LCU | — |
| 1993 | 114.78 million constant LCU | -58.5% |
| 1994 | 753.13 million constant LCU | +556.2% |
| 1995 | 551.92 million constant LCU | -26.7% |
| 1996 | 749.24 million constant LCU | +35.8% |
| 1997 | 531.36 million constant LCU | -29.1% |
| 1998 | 432.98 million constant LCU | -18.5% |
| 1999 | 371.01 million constant LCU | -14.3% |
| 2000 | 304.59 million constant LCU | -17.9% |
| 2001 | 337.38 million constant LCU | +10.8% |
| 2002 | 579.88 million constant LCU | +71.9% |
| 2003 | 552.23 million constant LCU | -4.8% |
| 2004 | 545.56 million constant LCU | -1.2% |
| 2005 | 520.52 million constant LCU | -4.6% |
| 2006 | 484.12 million constant LCU | -7.0% |
| 2007 | 443.35 million constant LCU | -8.4% |
Eritrea compared with similar countries
- Eritrea's 443.35 million constant LCU is below the median for Sub-Saharan Africa, which is 149.16 billion constant LCU, 0% of the median. (34 countries reporting)
- Eritrea's 443.35 million constant LCU is below the median for low income countries, which is 40.23 billion constant LCU, 1% of the median. (13 countries reporting)
Biggest year-on-year movements
Years where GDFI - private sector (constant LCU) 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 |
|---|---|---|---|
| 1994 | +556.2% | 114.78 million constant LCU | 753.13 million constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 472.62 million constant LCU | 114.78 million constant LCU | 753.13 million constant LCU | 8 |
| 2000s | 470.95 million constant LCU | 304.59 million constant LCU | 579.88 million constant LCU | 8 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Real gdp growth, annual growth rate -70.56 % change on previous year (2019)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gdfi - private sector in Eritrea?
- Gdfi - private sector in Eritrea was 443.35 million constant LCU in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gdfi - private sector recorded in Eritrea?
- The highest recorded value was 753.13 million constant LCU in 1994.
- What is the lowest gdfi - private sector recorded in Eritrea?
- The lowest recorded value was 114.78 million constant LCU in 1993.
- How does Eritrea rank for gdfi - private sector?
- Eritrea ranks 38th out of 38 countries with data for 2007.
- Is gdfi - private sector rising or falling in Eritrea?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is rising.
- 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 - private sector (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private sector’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. Data are in constant local prices.