Gross Fixed Capital Formation Deflator — Value Standard Local in Eritrea
Eritrea: Gross Fixed Capital Formation Deflator — Value Standard Local was 134.82 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Eritrea, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in Eritrea is 134.82 SLC, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 4.9% on the previous year and up 31.6% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Eritrea peaked at 134.82 SLC in 2024 and was at its lowest, 6.73 SLC, in 1992.
Eritrea ranks 94th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation Deflator — Value Standard Local in Eritrea, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 10.36 SLC | — |
| 1991 | 12.4 SLC | +19.6% |
| 1992 | 6.73 SLC | -45.8% |
| 1993 | 17.12 SLC | +154.5% |
| 1994 | 21.88 SLC | +27.8% |
| 1995 | 20.71 SLC | -5.4% |
| 1996 | 23.08 SLC | +11.5% |
| 1997 | 23.43 SLC | +1.5% |
| 1998 | 23.18 SLC | -1.0% |
| 1999 | 24.71 SLC | +6.6% |
| 2000 | 26.18 SLC | +5.9% |
| 2001 | 37.04 SLC | +41.5% |
| 2002 | 42.93 SLC | +15.9% |
| 2003 | 46.6 SLC | +8.5% |
| 2004 | 57.78 SLC | +24.0% |
| 2005 | 47.77 SLC | -17.3% |
| 2006 | 54.5 SLC | +14.1% |
| 2007 | 61.52 SLC | +12.9% |
| 2008 | 73.66 SLC | +19.7% |
| 2009 | 75.41 SLC | +2.4% |
| 2010 | 89.18 SLC | +18.3% |
| 2011 | 103.13 SLC | +15.6% |
| 2012 | 101.71 SLC | -1.4% |
| 2013 | 101.99 SLC | +0.3% |
| 2014 | 102.48 SLC | +0.5% |
| 2015 | 100 SLC | -2.4% |
| 2016 | 94.45 SLC | -5.6% |
| 2017 | 94.58 SLC | +0.1% |
| 2018 | 92.25 SLC | -2.5% |
| 2019 | 91.8 SLC | -0.5% |
| 2020 | 92.82 SLC | +1.1% |
| 2021 | 114.71 SLC | +23.6% |
| 2022 | 127.23 SLC | +10.9% |
| 2023 | 128.51 SLC | +1.0% |
| 2024 | 134.82 SLC | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.36 SLC | 6.73 SLC | 24.71 SLC | 10 |
| 2000s | 52.34 SLC | 26.18 SLC | 75.41 SLC | 10 |
| 2010s | 97.16 SLC | 89.18 SLC | 103.13 SLC | 10 |
| 2020s | 119.62 SLC | 92.82 SLC | 134.82 SLC | 5 |
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)
- GDP (current US$), annual growth rate 29.91 % change on previous year (2011)
- GDP (current US$), per capita 688.68 current US$ per person (2011)
- GDP (current LCU), annual growth rate 29.91 % change on previous year (2011)
- GDP (current LCU), per unit of GDP 15.38 current LCU per US$ of GDP (2011)
- GDP (current LCU), per capita 10,588 current LCU per person (2011)
- GDP (constant 2015 US$), annual growth rate 8.68 % change on previous year (2011)
- GDP (constant 2015 US$), per unit of GDP 1.09 constant 2015 US$ per US$ of GDP (2011)
- GDP (constant 2015 US$), per capita 751.38 constant 2015 US$ per person (2011)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Eritrea?
- Gross fixed capital formation deflator — value standard local in Eritrea was 134.82 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Eritrea?
- The highest recorded value was 134.82 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Eritrea?
- The lowest recorded value was 6.73 SLC in 1992.
- How does Eritrea rank for gross fixed capital formation deflator — value standard local?
- Eritrea ranks 94th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Eritrea?
- Over the last ten years it is up 31.6%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).