GDFI - public sector (constant LCU) in Eritrea
Eritrea: GDFI - public sector (constant LCU) was 960.34 million constant LCU in 2007. ▲ Rising
GDFI - public sector in Eritrea, 1992–2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
In 2007, gdfi - public sector in Eritrea stood at 960.34 million constant LCU.
That represents a change of up 3.7% on the previous year and down 10.7% over ten years.
Over the whole period, gdfi - public sector in Eritrea peaked at 1.43 billion constant LCU in 1999 and was at its lowest, 141.76 million constant LCU, in 1992.
That places Eritrea 36th out of 38 countries with data for 2007, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
GDFI - public sector (constant LCU) in Eritrea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1992 | 141.76 million constant LCU | — |
| 1993 | 480.57 million constant LCU | +239.0% |
| 1994 | 406.40 million constant LCU | -15.4% |
| 1995 | 471.82 million constant LCU | +16.1% |
| 1996 | 674.62 million constant LCU | +43.0% |
| 1997 | 1.08 billion constant LCU | +59.4% |
| 1998 | 1.31 billion constant LCU | +22.0% |
| 1999 | 1.43 billion constant LCU | +9.1% |
| 2000 | 1.15 billion constant LCU | -20.0% |
| 2001 | 1.09 billion constant LCU | -5.0% |
| 2002 | 950.00 million constant LCU | -12.7% |
| 2003 | 676.41 million constant LCU | -28.8% |
| 2004 | 662.10 million constant LCU | -2.1% |
| 2005 | 918.19 million constant LCU | +38.7% |
| 2006 | 926.14 million constant LCU | +0.9% |
| 2007 | 960.34 million constant LCU | +3.7% |
Eritrea compared with similar countries
- Eritrea's 960.34 million constant LCU is below the median for Sub-Saharan Africa, which is 42.09 billion constant LCU, 2% of the median. (35 countries reporting)
- Eritrea's 960.34 million constant LCU is below the median for low income countries, which is 30.64 billion constant LCU, 3% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where GDFI - public 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 |
|---|---|---|---|
| 1993 | +239.0% | 141.76 million constant LCU | 480.57 million constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 749.28 million constant LCU | 141.76 million constant LCU | 1.43 billion constant LCU | 8 |
| 2000s | 915.93 million constant LCU | 662.10 million constant LCU | 1.15 billion 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 - public sector in Eritrea?
- Gdfi - public sector in Eritrea was 960.34 million constant LCU in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gdfi - public sector recorded in Eritrea?
- The highest recorded value was 1.43 billion constant LCU in 1999.
- What is the lowest gdfi - public sector recorded in Eritrea?
- The lowest recorded value was 141.76 million constant LCU in 1992.
- How does Eritrea rank for gdfi - public sector?
- Eritrea ranks 36th out of 38 countries with data for 2007.
- Is gdfi - public sector rising or falling in Eritrea?
- Over the last ten years it is down 10.7%. 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 - public 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
Public sectors’ 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 measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure. Data are in constant local currency.