Gross capital formation (current US$), annual growth rate in Eritrea
Eritrea: Gross capital formation (current US$), annual growth rate was 32.44 % change on previous year in 2011. ◆ Volatile
Gross capital formation (current US$), annual growth rate in Eritrea, 1993–2011
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2011, gross capital formation (current us$), annual growth rate in Eritrea stood at 32.44 % change on previous year.
The figure is up 124.4% on the previous year and down 54.1% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Eritrea peaked at 113.37 % change on previous year in 1993 and was at its lowest, -50.45 % change on previous year, in 2000.
Eritrea ranks 18th of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 113.37 % change on previous year | — |
| 1994 | 68.09 % change on previous year | -39.9% |
| 1995 | -2.53 % change on previous year | -103.7% |
| 1996 | 46.88 % change on previous year | -1950.1% |
| 1997 | 12.23 % change on previous year | -73.9% |
| 1998 | 12.09 % change on previous year | -1.1% |
| 1999 | 30.27 % change on previous year | +150.3% |
| 2000 | -50.45 % change on previous year | -266.7% |
| 2001 | 70.74 % change on previous year | -240.2% |
| 2002 | -18.77 % change on previous year | -126.5% |
| 2003 | 7.19 % change on previous year | -138.3% |
| 2004 | -2.71 % change on previous year | -137.8% |
| 2005 | -0.5847 % change on previous year | -78.5% |
| 2006 | -25.83 % change on previous year | +4318.0% |
| 2007 | 0.8051 % change on previous year | -103.1% |
| 2008 | 5.05 % change on previous year | +527.4% |
| 2009 | -1.98 % change on previous year | -139.2% |
| 2010 | 14.46 % change on previous year | -830.9% |
| 2011 | 32.44 % change on previous year | +124.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40.06 % change on previous year | -2.53 % change on previous year | 113.37 % change on previous year | 7 |
| 2000s | -1.65 % change on previous year | -50.45 % change on previous year | 70.74 % change on previous year | 10 |
| 2010s | 23.45 % change on previous year | 14.46 % change on previous year | 32.44 % change on previous year | 2 |
Countries ranked near Eritrea
- 15 Mozambique 34.55 % change on previous year compare
- 16 Curaçao 33.49 % change on previous year compare
- 17 Gabon 33.04 % change on previous year compare
- 19 Timor-Leste 31.82 % change on previous year compare
- 20 Haiti 31.38 % change on previous year compare
- 21 Guinea 30.63 % change on previous year 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$), per unit of GDP 0.1263 current US$ 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 unit of GDP 1.94 current LCU per US$ of GDP (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 us$), annual growth rate in Eritrea?
- Gross capital formation (current us$), annual growth rate in Eritrea was 32.44 % change on previous year in 2011, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Eritrea?
- The highest recorded value was 113.37 % change on previous year in 1993.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Eritrea?
- The lowest recorded value was -50.45 % change on previous year in 2000.
- How does Eritrea rank for gross capital formation (current us$), annual growth rate?
- Eritrea ranks 18th out of 186 countries with data for 2011.
- Is gross capital formation (current us$), annual growth rate rising or falling in Eritrea?
- Over the last ten years it is down 54.1%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation 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
The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.