GDFI - public sector in Eritrea
Eritrea: GDFI - public sector was 128.52 million current US$ in 2007. ▲ Rising
GDFI - public sector in Eritrea, 1992–2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
In 2007, gdfi - public sector in Eritrea stood at 128.52 million current US$.
That represents a change of down 12.6% on the previous year and up 3.4% over ten years.
Over the whole period, gdfi - public sector in Eritrea peaked at 275.46 million current US$ in 1999 and was at its lowest, 15.56 million current US$, in 1992.
Eritrea ranks 42nd of 49 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
GDFI - public sector in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 15.56 million current US$ | — |
| 1993 | 67.91 million current US$ | +336.5% |
| 1994 | 57.47 million current US$ | -15.4% |
| 1995 | 70.92 million current US$ | +23.4% |
| 1996 | 106.63 million current US$ | +50.3% |
| 1997 | 124.35 million current US$ | +16.6% |
| 1998 | 195.25 million current US$ | +57.0% |
| 1999 | 275.46 million current US$ | +41.1% |
| 2000 | 119.05 million current US$ | -56.8% |
| 2001 | 180.51 million current US$ | +51.6% |
| 2002 | 133.96 million current US$ | -25.8% |
| 2003 | 157.51 million current US$ | +17.6% |
| 2004 | 159.57 million current US$ | +1.3% |
| 2005 | 196.28 million current US$ | +23.0% |
| 2006 | 147.13 million current US$ | -25.0% |
| 2007 | 128.52 million current US$ | -12.6% |
Eritrea compared with similar countries
- Eritrea's 128.52 million current US$ is below the median for low income countries, which is 388.24 million current US$, 33% of the median. (19 countries reporting)
- Eritrea's 128.52 million current US$ is below the median for Sub-Saharan Africa, which is 775.54 million current US$, 17% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where GDFI - public sector in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +336.5% | 15.56 million current US$ | 67.91 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 114.19 million current US$ | 15.56 million current US$ | 275.46 million current US$ | 8 |
| 2000s | 152.82 million current US$ | 119.05 million current US$ | 196.28 million current US$ | 8 |
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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gdfi - public sector in Eritrea?
- Gdfi - public sector in Eritrea was 128.52 million current US$ 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 275.46 million current US$ in 1999.
- What is the lowest gdfi - public sector recorded in Eritrea?
- The lowest recorded value was 15.56 million current US$ in 1992.
- How does Eritrea rank for gdfi - public sector?
- Eritrea ranks 42nd out of 49 countries with data for 2007.
- Is gdfi - public sector rising or falling in Eritrea?
- Over the last ten years it is up 3.4%. 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 (current US$). 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 current U.S. dollars.