Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Eritrea
Eritrea: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 137.5 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Eritrea, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross fixed capital formation deflator — value us$, 2015 prices in Eritrea stood at 137.5 USD. 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 34.2% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Eritrea peaked at 137.5 USD in 2024 and was at its lowest, 20.63 USD, in 1992.
Eritrea ranks 33rd of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Eritrea, year by year
| Year | USD | Change |
|---|---|---|
| 1990 | 34.8 USD | — |
| 1991 | 39.84 USD | +14.5% |
| 1992 | 20.63 USD | -48.2% |
| 1993 | 52.59 USD | +154.9% |
| 1994 | 61.5 USD | +17.0% |
| 1995 | 51.65 USD | -16.0% |
| 1996 | 55.83 USD | +8.1% |
| 1997 | 53.3 USD | -4.5% |
| 1998 | 48.42 USD | -9.2% |
| 1999 | 46.6 USD | -3.8% |
| 2000 | 41.82 USD | -10.3% |
| 2001 | 50.35 USD | +20.4% |
| 2002 | 47.29 USD | -6.1% |
| 2003 | 51.62 USD | +9.2% |
| 2004 | 64.43 USD | +24.8% |
| 2005 | 47.79 USD | -25.8% |
| 2006 | 54.5 USD | +14.0% |
| 2007 | 61.52 USD | +12.9% |
| 2008 | 73.66 USD | +19.7% |
| 2009 | 75.41 USD | +2.4% |
| 2010 | 89.18 USD | +18.3% |
| 2011 | 103.13 USD | +15.6% |
| 2012 | 101.71 USD | -1.4% |
| 2013 | 101.99 USD | +0.3% |
| 2014 | 102.48 USD | +0.5% |
| 2015 | 100 USD | -2.4% |
| 2016 | 94.6 USD | -5.4% |
| 2017 | 96.46 USD | +2.0% |
| 2018 | 94.08 USD | -2.5% |
| 2019 | 93.63 USD | -0.5% |
| 2020 | 94.67 USD | +1.1% |
| 2021 | 117 USD | +23.6% |
| 2022 | 129.76 USD | +10.9% |
| 2023 | 131.07 USD | +1.0% |
| 2024 | 137.5 USD | +4.9% |
Eritrea compared with similar countries
- Eritrea's 137.5 USD is above the median for low income countries, which is 117.77 USD, 1.2× the median. (22 countries reporting)
- Eritrea's 137.5 USD is above the median for Sub-Saharan Africa, which is 114.03 USD, 1.2× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +154.9% | 20.63 USD | 52.59 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.52 USD | 20.63 USD | 61.5 USD | 10 |
| 2000s | 56.84 USD | 41.82 USD | 75.41 USD | 10 |
| 2010s | 97.73 USD | 89.18 USD | 103.13 USD | 10 |
| 2020s | 122 USD | 94.67 USD | 137.5 USD | 5 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0118 units per US$ of GDP (2011)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Eritrea?
- Gross fixed capital formation deflator — value us$, 2015 prices in Eritrea was 137.5 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Eritrea?
- The highest recorded value was 137.5 USD in 2024.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Eritrea?
- The lowest recorded value was 20.63 USD in 1992.
- How does Eritrea rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Eritrea ranks 33rd out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Eritrea?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is rising.
- 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 US$, 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).