Gross fixed capital formation in Eritrea
Eritrea: Gross fixed capital formation was 260.73 million current US$ in 2011. ▲ Rising
Gross fixed capital formation in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Eritrea recorded 260.73 million current US$ for gross fixed capital formation in 2011.
The figure is up 32.4% on the previous year and down 1.7% over ten years.
Over the whole period, gross fixed capital formation in Eritrea peaked at 313.56 million current US$ in 1999 and was at its lowest, 37.27 million current US$, in 1992.
Eritrea ranks 173rd of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 167.63 million current US$ | 37.27 million current US$ | 313.56 million current US$ | 8 |
| 2000s | 199.55 million current US$ | 155.38 million current US$ | 265.29 million current US$ | 10 |
| 2010s | 228.80 million current US$ | 196.87 million current US$ | 260.73 million current US$ | 2 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- External balance on goods and services as a percent of GDP -11.1% (2011)
- GDP per capita 751.38 constant 2015 US$ (2011)
- Share of manufacturing in gross domestic product (GDP) 5.5% (2009)
- Gross domestic product (GDP) 2.25 billion constant 2015 US$ (2011)
- GDP per capita in international and market dollars 751.38 constant 2015 US$ (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 260.73 million current US$ in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Eritrea?
- The highest recorded value was 313.56 million current US$ in 1999.
- What is the lowest gross fixed capital formation recorded in Eritrea?
- The lowest recorded value was 37.27 million current US$ in 1992.
- How does Eritrea rank for gross fixed capital formation?
- Eritrea ranks 173rd out of 179 countries with data for 2011.
- Is gross fixed capital formation rising or falling in Eritrea?
- Over the last ten years it is down 1.7%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). 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 indicator is expressed in United States dollars.