Gross fixed capital formation (current LCU) in Eritrea
Eritrea: Gross fixed capital formation (current LCU) was 4.01 billion current LCU in 2011. ▲ Rising
Gross fixed capital formation in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2011, gross fixed capital formation in Eritrea stood at 4.01 billion current LCU. That is the highest value across all 20 years on record.
That represents a change of up 32.4% on the previous year and up 33.6% over ten years.
Over the whole period, gross fixed capital formation in Eritrea peaked at 4.01 billion current LCU in 2011 and was at its lowest, 170.80 million current LCU, in 1992.
That places Eritrea 162nd out of 181 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Gross fixed capital formation (current LCU) in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 170.80 million current LCU | — |
| 1993 | 415.80 million current LCU | +143.4% |
| 1994 | 823.30 million current LCU | +98.0% |
| 1995 | 833.70 million current LCU | +1.3% |
| 1996 | 1.22 billion current LCU | +45.9% |
| 1997 | 1.55 billion current LCU | +27.1% |
| 1998 | 1.77 billion current LCU | +14.6% |
| 1999 | 2.56 billion current LCU | +44.3% |
| 2000 | 1.50 billion current LCU | -41.5% |
| 2001 | 3.00 billion current LCU | +100.6% |
| 2002 | 3.01 billion current LCU | +0.3% |
| 2003 | 3.21 billion current LCU | +6.6% |
| 2004 | 3.10 billion current LCU | -3.3% |
| 2005 | 3.43 billion current LCU | +10.8% |
| 2006 | 2.55 billion current LCU | -25.8% |
| 2007 | 2.57 billion current LCU | +0.8% |
| 2008 | 2.70 billion current LCU | +5.1% |
| 2009 | 2.64 billion current LCU | -2.0% |
| 2010 | 3.03 billion current LCU | +14.5% |
| 2011 | 4.01 billion current LCU | +32.4% |
Eritrea compared with similar countries
- Eritrea's 4.01 billion current LCU is below the median for low income countries, which is 2.34 trillion current LCU, 0% of the median. (20 countries reporting)
- Eritrea's 4.01 billion current LCU is below the median for Sub-Saharan Africa, which is 1.15 trillion current LCU, 0% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU) 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 | +143.4% | 170.80 million current LCU | 415.80 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.17 billion current LCU | 170.80 million current LCU | 2.56 billion current LCU | 8 |
| 2000s | 2.77 billion current LCU | 1.50 billion current LCU | 3.43 billion current LCU | 10 |
| 2010s | 3.52 billion current LCU | 3.03 billion current LCU | 4.01 billion current LCU | 2 |
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)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0118 units per US$ of GDP (2011)
Frequently asked questions
- What is gross fixed capital formation in Eritrea?
- Gross fixed capital formation in Eritrea was 4.01 billion current LCU in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Eritrea?
- The highest recorded value was 4.01 billion current LCU in 2011.
- What is the lowest gross fixed capital formation recorded in Eritrea?
- The lowest recorded value was 170.80 million current LCU in 1992.
- How does Eritrea rank for gross fixed capital formation?
- Eritrea ranks 162nd out of 181 countries with data for 2011.
- Is gross fixed capital formation rising or falling in Eritrea?
- Over the last ten years it is up 33.6%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.