GDFI - public sector in Eritrea

Eritrea: GDFI - public sector was 960.34 million constant LCU in 2007. ▲ Rising

Latest (2007)
960.34 million constant LCU
Change on year
up 3.7%
World rank
36th
of 38 countries
All-time high
1.43 billion constant LCU
in 1999
All-time low
141.76 million constant LCU
in 1992
Years of data
16
1992–2007

GDFI - public sector in Eritrea, 1992–2007

0500.0M1.0B1.5B1992199920071992: 141.8M constant LCU1993: 480.6M constant LCU1994: 406.4M constant LCU1995: 471.8M constant LCU1996: 674.6M constant LCU1997: 1.1B constant LCU1998: 1.3B constant LCU1999: 1.4B constant LCU2000: 1.1B constant LCU2001: 1.1B constant LCU2002: 950.0M constant LCU2003: 676.4M constant LCU2004: 662.1M constant LCU2005: 918.2M constant LCU2006: 926.1M constant LCU2007: 960.3M constant LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 33 Gambia 1.79 billion constant LCU compare
  2. 34 Democratic Republic of Congo 1.48 billion constant LCU compare
  3. 35 Liberia 1.42 billion constant LCU compare
  4. 37 Sudan 905.97 million constant LCU compare
  5. 38 Eswatini 667.50 million constant LCU compare

See the full ranking of 38 places →

More economy & growth data for Eritrea

All data for Eritrea →

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

Indicator
GDFI - public sector (constant LCU)
Unit
constant LCU
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
38 places, 921 data points, 1965–2011
Last refreshed

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.