Gross fixed capital formation (current US$), per unit of GDP in Eritrea
Eritrea: Gross fixed capital formation (current US$), per unit of GDP was 0.1263 current US$ per US$ of GDP in 2011. ▼ Falling
Gross fixed capital formation (current US$), per unit of GDP in Eritrea, 1992–2011
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (current us$), per unit of gdp in Eritrea is 0.1263 current US$ per US$ of GDP, measured in 2011.
Compared with earlier readings it is up 1.9% on the previous year and down 64.2% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Eritrea peaked at 0.4551 current US$ per US$ of GDP in 1999 and was at its lowest, 0.0781 current US$ per US$ of GDP, in 1992.
That places Eritrea 163rd out of 181 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Gross fixed capital formation (current US$), per unit of GDP in Eritrea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.0781 current US$ per US$ of GDP | — |
| 1993 | 0.1699 current US$ per US$ of GDP | +117.6% |
| 1994 | 0.2514 current US$ per US$ of GDP | +47.9% |
| 1995 | 0.2254 current US$ per US$ of GDP | -10.3% |
| 1996 | 0.2759 current US$ per US$ of GDP | +22.4% |
| 1997 | 0.3128 current US$ per US$ of GDP | +13.4% |
| 1998 | 0.3229 current US$ per US$ of GDP | +3.2% |
| 1999 | 0.4551 current US$ per US$ of GDP | +41.0% |
| 2000 | 0.22 current US$ per US$ of GDP | -51.7% |
| 2001 | 0.3526 current US$ per US$ of GDP | +60.3% |
| 2002 | 0.2955 current US$ per US$ of GDP | -16.2% |
| 2003 | 0.2654 current US$ per US$ of GDP | -10.2% |
| 2004 | 0.2026 current US$ per US$ of GDP | -23.7% |
| 2005 | 0.2034 current US$ per US$ of GDP | +0.4% |
| 2006 | 0.1368 current US$ per US$ of GDP | -32.7% |
| 2007 | 0.1267 current US$ per US$ of GDP | -7.4% |
| 2008 | 0.1271 current US$ per US$ of GDP | +0.3% |
| 2009 | 0.0926 current US$ per US$ of GDP | -27.1% |
| 2010 | 0.1239 current US$ per US$ of GDP | +33.7% |
| 2011 | 0.1263 current US$ per US$ of GDP | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2614 current US$ per US$ of GDP | 0.0781 current US$ per US$ of GDP | 0.4551 current US$ per US$ of GDP | 8 |
| 2000s | 0.2023 current US$ per US$ of GDP | 0.0926 current US$ per US$ of GDP | 0.3526 current US$ per US$ of GDP | 10 |
| 2010s | 0.1251 current US$ per US$ of GDP | 0.1239 current US$ per US$ of GDP | 0.1263 current US$ per US$ of GDP | 2 |
Countries ranked near Eritrea
- 160 Libya 0.1427 current US$ per US$ of GDP compare
- 161 Puerto Rico 0.1389 current US$ per US$ of GDP compare
- 162 South Africa 0.1388 current US$ per US$ of GDP compare
- 164 Pakistan 0.1257 current US$ per US$ of GDP compare
- 165 Haiti 0.1206 current US$ per US$ of GDP compare
- 166 Macau, China 0.1194 current US$ 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 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$), annual growth rate 32.44 % change on previous year (2011)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in Eritrea?
- Gross fixed capital formation (current us$), per unit of gdp in Eritrea was 0.1263 current US$ per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Eritrea?
- The highest recorded value was 0.4551 current US$ per US$ of GDP in 1999.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 0.0781 current US$ per US$ of GDP in 1992.
- How does Eritrea rank for gross fixed capital formation (current us$), per unit of gdp?
- Eritrea ranks 163rd out of 181 countries with data for 2011.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is down 64.2%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.