Gross capital formation (current LCU), per unit of GDP in Eritrea
Eritrea: Gross capital formation (current LCU), per unit of GDP was 1.94 current LCU per US$ of GDP in 2011. ▲ Rising
Gross capital formation (current LCU), per unit of GDP in Eritrea, 1992–2011
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross capital formation (current lcu), per unit of gdp in Eritrea is 1.94 current LCU per US$ of GDP, measured in 2011.
The figure is up 1.9% on the previous year and down 51.3% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Eritrea peaked at 4.12 current LCU per US$ of GDP in 2002 and was at its lowest, 0.358 current LCU per US$ of GDP, in 1992.
Eritrea ranks 101st of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Gross capital formation (current LCU), per unit of GDP in Eritrea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.358 current LCU per US$ of GDP | — |
| 1993 | 0.8887 current LCU per US$ of GDP | +148.2% |
| 1994 | 1.55 current LCU per US$ of GDP | +74.2% |
| 1995 | 1.44 current LCU per US$ of GDP | -6.9% |
| 1996 | 1.75 current LCU per US$ of GDP | +21.6% |
| 1997 | 2.25 current LCU per US$ of GDP | +28.4% |
| 1998 | 2.38 current LCU per US$ of GDP | +5.5% |
| 1999 | 3.71 current LCU per US$ of GDP | +56.1% |
| 2000 | 2.12 current LCU per US$ of GDP | -42.9% |
| 2001 | 3.99 current LCU per US$ of GDP | +88.4% |
| 2002 | 4.12 current LCU per US$ of GDP | +3.4% |
| 2003 | 3.68 current LCU per US$ of GDP | -10.7% |
| 2004 | 2.79 current LCU per US$ of GDP | -24.2% |
| 2005 | 3.13 current LCU per US$ of GDP | +11.9% |
| 2006 | 2.1 current LCU per US$ of GDP | -32.7% |
| 2007 | 1.95 current LCU per US$ of GDP | -7.4% |
| 2008 | 1.95 current LCU per US$ of GDP | +0.3% |
| 2009 | 1.42 current LCU per US$ of GDP | -27.1% |
| 2010 | 1.9 current LCU per US$ of GDP | +33.7% |
| 2011 | 1.94 current LCU per US$ of GDP | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.79 current LCU per US$ of GDP | 0.358 current LCU per US$ of GDP | 3.71 current LCU per US$ of GDP | 8 |
| 2000s | 2.73 current LCU per US$ of GDP | 1.42 current LCU per US$ of GDP | 4.12 current LCU per US$ of GDP | 10 |
| 2010s | 1.92 current LCU per US$ of GDP | 1.9 current LCU per US$ of GDP | 1.94 current LCU per US$ of GDP | 2 |
Countries ranked near Eritrea
- 98 Greenland 2.48 current LCU per US$ of GDP compare
- 99 Norway 2.41 current LCU per US$ of GDP compare
- 100 Faroe Islands 1.94 current LCU per US$ of GDP compare
- 102 Sao Tome and Principe 1.9 current LCU per US$ of GDP
- 103 Zimbabwe 1.75 current LCU per US$ of GDP compare
- 104 Solomon Islands 1.65 current LCU per US$ of GDP 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)
- Gross capital formation (current US$), annual growth rate 32.44 % change on previous year (2011)
- Gross capital formation (current US$), per unit of GDP 0.1263 current US$ per US$ of GDP (2011)
- Gross capital formation (current US$), per capita 86.96 current US$ per person (2011)
- Gross capital formation (current LCU), annual growth rate 32.44 % change on previous year (2011)
- Gross capital formation (current LCU), per capita 1,337 current LCU per person (2011)
- Imports of goods and services (current US$), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current US$), per unit of GDP 0.2924 current US$ per US$ of GDP (2011)
- Imports of goods and services (current US$), per capita 201.36 current US$ per person (2011)
Frequently asked questions
- What is gross capital formation (current lcu), per unit of gdp in Eritrea?
- Gross capital formation (current lcu), per unit of gdp in Eritrea was 1.94 current LCU per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Eritrea?
- The highest recorded value was 4.12 current LCU per US$ of GDP in 2002.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 0.358 current LCU per US$ of GDP in 1992.
- How does Eritrea rank for gross capital formation (current lcu), per unit of gdp?
- Eritrea ranks 101st out of 187 countries with data for 2011.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is down 51.3%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.