Gross fixed capital formation, Private sector, Constant … unit GDP in Eritrea
Eritrea: Gross fixed capital formation, Private sector, Constant … unit GDP was 0 units per US$ of GDP in 2011. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Eritrea, 1992–2011
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
In 2011, gross fixed capital formation, private sector, constant prices in Eritrea stood at 0 units per US$ of GDP.
That represents a change of down 3.0% on the previous year and down 90.4% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Eritrea peaked at 0 units per US$ of GDP in 1992 and was at its lowest, 0 units per US$ of GDP, in 2008.
Eritrea ranks 169th of 171 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 … unit GDP in Eritrea, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1992 | 0 units per US$ of GDP | — |
| 1993 | 0 units per US$ of GDP | -36.9% |
| 1994 | 0 units per US$ of GDP | +51.5% |
| 1995 | 0 units per US$ of GDP | -33.1% |
| 1996 | 0 units per US$ of GDP | +3.0% |
| 1997 | 0 units per US$ of GDP | +16.1% |
| 1998 | 0 units per US$ of GDP | -29.6% |
| 1999 | 0 units per US$ of GDP | -6.5% |
| 2000 | 0 units per US$ of GDP | -5.6% |
| 2001 | 0 units per US$ of GDP | +85.8% |
| 2002 | 0 units per US$ of GDP | -30.8% |
| 2003 | 0 units per US$ of GDP | +5.6% |
| 2004 | 0 units per US$ of GDP | -44.6% |
| 2005 | 0 units per US$ of GDP | -45.5% |
| 2006 | 0 units per US$ of GDP | -47.1% |
| 2007 | 0 units per US$ of GDP | -1.7% |
| 2008 | 0 units per US$ of GDP | -26.6% |
| 2009 | 0 units per US$ of GDP | +1.1% |
| 2010 | 0 units per US$ of GDP | +16.7% |
| 2011 | 0 units per US$ of GDP | -3.0% |
Eritrea compared with similar countries
- Eritrea's 0 units per US$ of GDP is below the median for low income countries, which is 0 units per US$ of GDP, 22% of the median. (22 countries reporting)
- Eritrea's 0 units per US$ of GDP is below the median for Sub-Saharan Africa, which is 0 units per US$ of GDP, 22% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 8 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 2 |
Countries ranked near Eritrea
- 166 Malawi 0 units per US$ of GDP compare
- 167 Sierra Leone 0 units per US$ of GDP compare
- 168 Dominica 0 units per US$ of GDP compare
- 170 Guinea-Bissau 0 units per US$ of GDP compare
- 171 Venezuela 0 units 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)
- 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, private sector, constant prices in Eritrea?
- Gross fixed capital formation, private sector, constant prices in Eritrea was 0 units per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Eritrea?
- The highest recorded value was 0 units per US$ of GDP in 1992.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Eritrea?
- The lowest recorded value was 0 units per US$ of GDP in 2008.
- How does Eritrea rank for gross fixed capital formation, private sector, constant prices?
- Eritrea ranks 169th out of 171 countries with data for 2011.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Eritrea?
- Over the last ten years it is down 90.4%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, 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, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017 ÷ GDP (current US$)
Computed from
- Gross fixed capital formation, Private sector, Constant prices International Monetary Fund
- 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, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.