Gross capital formation (constant LCU), per square kilometre in Eritrea
Eritrea: Gross capital formation (constant LCU), per square kilometre was 33,106 constant LCU per square kilometre in 2011. ◆ Volatile
Gross capital formation (constant LCU), per square kilometre in Eritrea, 1993–2011
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
In 2011, gross capital formation (constant lcu), per square kilometre in Eritrea stood at 33,106 constant LCU per square kilometre. That is the highest value across all 19 years on record.
That represents a change of up 466.8% on the previous year and up 28.5% over ten years.
Over the whole period, gross capital formation (constant lcu), per square kilometre in Eritrea peaked at 33,106 constant LCU per square kilometre in 2011 and was at its lowest, 5,436 constant LCU per square kilometre, in 2009.
Eritrea ranks 154th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant LCU), per square kilometre in Eritrea, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1993 | 5,925 constant LCU per square kilometre | — |
| 1994 | 9,953 constant LCU per square kilometre | +68.0% |
| 1995 | 9,124 constant LCU per square kilometre | -8.3% |
| 1996 | 12,749 constant LCU per square kilometre | +39.7% |
| 1997 | 15,328 constant LCU per square kilometre | +20.2% |
| 1998 | 17,078 constant LCU per square kilometre | +11.4% |
| 1999 | 17,872 constant LCU per square kilometre | +4.6% |
| 2000 | 14,807 constant LCU per square kilometre | -17.1% |
| 2001 | 25,761 constant LCU per square kilometre | +74.0% |
| 2002 | 21,413 constant LCU per square kilometre | -16.9% |
| 2003 | 20,696 constant LCU per square kilometre | -3.3% |
| 2004 | 14,190 constant LCU per square kilometre | -31.4% |
| 2005 | 12,574 constant LCU per square kilometre | -11.4% |
| 2006 | 7,541 constant LCU per square kilometre | -40.0% |
| 2007 | 6,626 constant LCU per square kilometre | -12.1% |
| 2008 | 6,251 constant LCU per square kilometre | -5.7% |
| 2009 | 5,436 constant LCU per square kilometre | -13.0% |
| 2010 | 5,841 constant LCU per square kilometre | +7.5% |
| 2011 | 33,106 constant LCU per square kilometre | +466.8% |
Eritrea compared with similar countries
- Eritrea's 33,106 constant LCU per square kilometre is below the median for low income countries, which is 2.40 million constant LCU per square kilometre, 1% of the median. (19 countries reporting)
- Eritrea's 33,106 constant LCU per square kilometre is below the median for Sub-Saharan Africa, which is 3.10 million constant LCU per square kilometre, 1% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (constant LCU), per square kilometre 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 |
|---|---|---|---|
| 2011 | +466.8% | 5,841 constant LCU per square kilometre | 33,106 constant LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12,576 constant LCU per square kilometre | 5,925 constant LCU per square kilometre | 17,872 constant LCU per square kilometre | 7 |
| 2000s | 13,529 constant LCU per square kilometre | 5,436 constant LCU per square kilometre | 25,761 constant LCU per square kilometre | 10 |
| 2010s | 19,474 constant LCU per square kilometre | 5,841 constant LCU per square kilometre | 33,106 constant LCU per square kilometre | 2 |
Countries ranked near Eritrea
- 151 Namibia 56,107 constant LCU per square kilometre compare
- 152 Argentina 55,886 constant LCU per square kilometre compare
- 153 Belize 44,624 constant LCU per square kilometre compare
- 155 Oman 30,746 constant LCU per square kilometre compare
- 156 East Timor 27,668 constant LCU per square kilometre compare
- 157 Yemen 25,128 constant LCU per square kilometre compare
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 gross capital formation (constant lcu), per square kilometre in Eritrea?
- Gross capital formation (constant lcu), per square kilometre in Eritrea was 33,106 constant LCU per square kilometre in 2011, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in Eritrea?
- The highest recorded value was 33,106 constant LCU per square kilometre in 2011.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Eritrea?
- The lowest recorded value was 5,436 constant LCU per square kilometre in 2009.
- How does Eritrea rank for gross capital formation (constant lcu), per square kilometre?
- Eritrea ranks 154th out of 166 countries with data for 2011.
- Is gross capital formation (constant lcu), per square kilometre rising or falling in Eritrea?
- Over the last ten years it is up 28.5%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.