Gross fixed capital formation (current LCU), per unit of GDP in Eritrea
Eritrea: Gross fixed capital formation (current LCU), per unit of GDP was 1.94 current LCU per US$ of GDP in 2011. ▲ Rising
Gross fixed capital formation (current LCU), per unit of GDP in Eritrea, 1992–2011
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2011, gross fixed capital formation (current lcu), per unit of gdp in Eritrea stood at 1.94 current LCU per US$ of GDP.
The figure is up 1.9% on the previous year and down 51.3% over ten years.
Over the whole period, gross fixed 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.
That places Eritrea 99th out of 181 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Gross fixed 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
- 96 Sweden 2.48 current LCU per US$ of GDP compare
- 97 Norway 2.43 current LCU per US$ of GDP compare
- 98 Greenland 2.39 current LCU per US$ of GDP compare
- 100 Sao Tome and Principe 1.88 current LCU per US$ of GDP
- 101 Solomon Islands 1.65 current LCU per US$ of GDP compare
- 102 Zimbabwe 1.57 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)
- Exports of goods and services (current LCU), annual growth rate 269.77 % change on previous year (2011)
- Exports of goods and services (current LCU), per unit of GDP 2.79 current LCU per US$ of GDP (2011)
- Exports of goods and services (current LCU), per capita 1,922 current LCU per person (2011)
- Gross fixed capital formation (current US$), annual growth rate 32.44 % change on previous year (2011)
- Gross fixed capital formation (current US$), per unit of GDP 0.1263 current US$ per US$ of GDP (2011)
- Gross fixed capital formation (current US$), per capita 86.96 current US$ per person (2011)
- Gross fixed capital formation (current LCU), per capita 1,337 current LCU per person (2011)
- Gross capital formation (current US$), annual growth rate 32.44 % change on previous year (2011)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in Eritrea?
- Gross fixed capital formation (current lcu), per unit of gdp in Eritrea was 1.94 current LCU per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest gross fixed 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 fixed 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 fixed capital formation (current lcu), per unit of gdp?
- Eritrea ranks 99th out of 181 countries with data for 2011.
- Is gross fixed 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 fixed 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 fixed capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross fixed 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 fixed 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.