Gross fixed capital formation (current US$), annual growth rate in Eritrea
Eritrea: Gross fixed capital formation (current US$), annual growth rate was 32.44 % change on previous year in 2011. ◆ Volatile
Gross fixed capital formation (current US$), annual growth rate in Eritrea, 1993–2011
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Eritrea recorded 32.44 % change on previous year for gross fixed capital formation (current us$), annual growth rate in 2011.
The figure is up 124.4% on the previous year and down 54.1% over ten years.
Over the whole period, gross fixed capital formation (current us$), annual growth rate in Eritrea peaked at 113.37 % change on previous year in 1993 and was at its lowest, -50.45 % change on previous year, in 2000.
That places Eritrea 11th out of 179 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), 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
- 8 Kyrgyzstan 37.53 % change on previous year compare
- 9 Syrian Arab Republic 34.98 % change on previous year compare
- 10 Gabon 33.04 % change on previous year compare
- 12 Haiti 31.38 % change on previous year compare
- 13 Guinea 30.07 % change on previous year compare
- 14 Vanuatu 29.16 % 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)
- 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$), per unit of GDP 0.1263 current US$ 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 unit of GDP 1.94 current LCU per US$ of GDP (2011)
- Gross fixed capital formation (current LCU), per capita 1,337 current LCU per person (2011)
- Gross capital formation (current US$), annual growth rate 32.44 % change on previous year (2011)
Frequently asked questions
- What is gross fixed capital formation (current us$), annual growth rate in Eritrea?
- Gross fixed capital formation (current us$), annual growth rate in Eritrea was 32.44 % change on previous year in 2011, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), annual growth rate recorded in Eritrea?
- The highest recorded value was 113.37 % change on previous year in 1993.
- What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in Eritrea?
- The lowest recorded value was -50.45 % change on previous year in 2000.
- How does Eritrea rank for gross fixed capital formation (current us$), annual growth rate?
- Eritrea ranks 11th out of 179 countries with data for 2011.
- Is gross fixed capital formation (current us$), annual growth rate rising or falling in Eritrea?
- Over the last ten years it is down 54.1%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.