Gross fixed capital formation, Private sector, Constant prices in Eritrea
Eritrea: Gross fixed capital formation, Private sector, Constant prices was 1.96 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Eritrea, 1990–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Eritrea stood at 1.96.
That represents a change of up 3.3% on the previous year and up 2.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Eritrea peaked at 10.96 in 1992 and was at its lowest, 1.57, in 2006.
Eritrea ranks 170th of 173 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 8.17 | — |
| 1991 | 7.91 | -3.2% |
| 1992 | 10.96 | +38.5% |
| 1993 | 6.01 | -45.2% |
| 1994 | 9.16 | +52.5% |
| 1995 | 5.51 | -39.8% |
| 1996 | 6.66 | +20.8% |
| 1997 | 7.01 | +5.3% |
| 1998 | 4.97 | -29.1% |
| 1999 | 4.21 | -15.3% |
| 2000 | 4.07 | -3.3% |
| 2001 | 9.19 | +125.8% |
| 2002 | 5.66 | -38.4% |
| 2003 | 6.93 | +22.4% |
| 2004 | 5.02 | -27.5% |
| 2005 | 2.67 | -46.8% |
| 2006 | 1.57 | -41.1% |
| 2007 | 1.66 | +5.4% |
| 2008 | 1.58 | -4.6% |
| 2009 | 1.92 | +21.3% |
| 2010 | 1.73 | -9.8% |
| 2011 | 1.74 | +0.2% |
| 2012 | 2.03 | +17.2% |
| 2013 | 1.97 | -3.3% |
| 2014 | 1.98 | +0.4% |
| 2015 | 1.97 | -0.2% |
| 2016 | 2.1 | +6.3% |
| 2017 | 2 | -4.5% |
| 2018 | 1.9 | -4.9% |
| 2019 | 1.96 | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.06 | 4.21 | 10.96 | 10 |
| 2000s | 4.03 | 1.57 | 9.19 | 10 |
| 2010s | 1.94 | 1.73 | 2.1 | 10 |
Countries ranked near Eritrea
- 167 Equatorial Guinea 3.53 compare
- 168 Malawi 3.2 compare
- 169 Sierra Leone 2.92 compare
- 171 Syrian Arab Republic 1.81 compare
- 172 Venezuela, Bolivarian Republic of 1.76 compare
- 173 Guinea-Bissau 1.32 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)
- Imports of goods and services (current US$), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current US$), per unit of GDP 0.2924 current US$ per US$ of GDP (2011)
- Imports of goods and services (current US$), per capita 201.36 current US$ per person (2011)
- Imports of goods and services (current LCU), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current LCU), per unit of GDP 4.5 current LCU per US$ of GDP (2011)
- Imports of goods and services (current LCU), per capita 3,096 current LCU per person (2011)
- External balance on goods and services (current US$), annual growth 41.74 % change on previous year (2011)
- External balance on goods and services (current LCU), annual growth 41.74 % change on previous year (2011)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Eritrea?
- Gross fixed capital formation, private sector, constant prices in Eritrea was 1.96 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Eritrea?
- The highest recorded value was 10.96 in 1992.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Eritrea?
- The lowest recorded value was 1.57 in 2006.
- How does Eritrea rank for gross fixed capital formation, private sector, constant prices?
- Eritrea ranks 170th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Eritrea?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.