Gross fixed capital formation in Eritrea
Eritrea: Gross fixed capital formation 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 180 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.
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
- External balance on goods and services as a percent of gdp -11.08 (2011)
- Gdp per capita worldbank constant usd 751.38 (2011)
- Manufacturing value added to gdp 5.49 (2009)
- Gdp worldbank constant usd 2.25 billion (2011)
- Gdp per capita in international and market dollars 751.38 (2011)
- DEC alternative conversion factor 15.07 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.43 billion current LCU (2009)
- Net secondary income (Net current transfers from abroad) 353.00 million current US$ (2009)
- Taxes less subsidies on products 795.00 million current LCU (2009)
- Taxes less subsidies on products 51.71 million current US$ (2009)
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 180 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.