Gross fixed capital formation, Private sector, Constant prices in Eritrea
Eritrea: Gross fixed capital formation, Private sector, Constant prices was 7.23 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Eritrea, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Eritrea stood at 7.23 % change on previous year.
Compared with earlier readings it is down 2.9% on the previous year and down 79.9% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Eritrea peaked at 97.86 % change on previous year in 2001 and was at its lowest, -46.06 % change on previous year, in 2005.
Eritrea ranks 50th of 173 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, Private sector, Constant prices in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4 % change on previous year | — |
| 1962 | 4 % change on previous year | +0.0% |
| 1963 | 4 % change on previous year | +0.0% |
| 1964 | 4 % change on previous year | -0.0% |
| 1965 | 4 % change on previous year | +0.0% |
| 1966 | 4 % change on previous year | -0.0% |
| 1967 | 4 % change on previous year | +0.0% |
| 1968 | 4 % change on previous year | -0.0% |
| 1969 | 4 % change on previous year | -0.0% |
| 1970 | 4 % change on previous year | -0.0% |
| 1971 | 4 % change on previous year | +0.0% |
| 1972 | 4 % change on previous year | +0.0% |
| 1973 | 4 % change on previous year | -0.0% |
| 1974 | 4 % change on previous year | -0.0% |
| 1975 | 4 % change on previous year | -0.0% |
| 1976 | 4 % change on previous year | +0.0% |
| 1977 | 4 % change on previous year | -0.0% |
| 1978 | 4 % change on previous year | +0.0% |
| 1979 | 4 % change on previous year | -0.0% |
| 1980 | 4 % change on previous year | -0.0% |
| 1981 | 4 % change on previous year | +0.0% |
| 1982 | 4 % change on previous year | +0.0% |
| 1983 | 4 % change on previous year | -0.0% |
| 1984 | 4 % change on previous year | +0.0% |
| 1985 | 4 % change on previous year | +0.0% |
| 1986 | 4 % change on previous year | -0.0% |
| 1987 | 4 % change on previous year | -0.0% |
| 1988 | 4 % change on previous year | +0.0% |
| 1989 | 4 % change on previous year | -0.0% |
| 1990 | 6.72 % change on previous year | +68.1% |
| 1991 | 8.18 % change on previous year | +21.6% |
| 1992 | 54.14 % change on previous year | +562.0% |
| 1993 | -38.13 % change on previous year | -170.4% |
| 1994 | 72.14 % change on previous year | -289.2% |
| 1995 | -27.24 % change on previous year | -137.8% |
| 1996 | 23.61 % change on previous year | -186.7% |
| 1997 | 14.87 % change on previous year | -37.0% |
| 1998 | -23.5 % change on previous year | -258.0% |
| 1999 | -13.61 % change on previous year | -42.1% |
| 2000 | -3.16 % change on previous year | -76.8% |
| 2001 | 97.86 % change on previous year | -3195.1% |
| 2002 | -32.95 % change on previous year | -133.7% |
| 2003 | 26.06 % change on previous year | -179.1% |
| 2004 | -29.45 % change on previous year | -213.0% |
| 2005 | -46.06 % change on previous year | +56.4% |
| 2006 | -41.63 % change on previous year | -9.6% |
| 2007 | 6.93 % change on previous year | -116.6% |
| 2008 | -23.12 % change on previous year | -433.6% |
| 2009 | 36.04 % change on previous year | -255.9% |
| 2010 | -0.0602 % change on previous year | -100.2% |
| 2011 | 26 % change on previous year | -43309.0% |
| 2012 | 19.39 % change on previous year | -25.5% |
| 2013 | -13.4 % change on previous year | -169.1% |
| 2014 | 31.5 % change on previous year | -335.0% |
| 2015 | -20.78 % change on previous year | -166.0% |
| 2016 | 14.13 % change on previous year | -168.0% |
| 2017 | -14.1 % change on previous year | -199.8% |
| 2018 | 7.45 % change on previous year | -152.8% |
| 2019 | 7.23 % change on previous year | -2.9% |
Eritrea compared with similar countries
- Eritrea's 7.23 % change on previous year is below the median for low income countries, which is 7.89 % change on previous year, 92% of the median. (22 countries reporting)
- Eritrea's 7.23 % change on previous year is above the median for Sub-Saharan Africa, which is 5.34 % change on previous year, 1.4× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Constant 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 |
|---|---|---|---|
| 2011 | +43309.0% | -0.0602 % change on previous year | 26 % change on previous year |
| 2001 | +3195.1% | -3.16 % change on previous year | 97.86 % change on previous year |
| 1992 | +562.0% | 8.18 % change on previous year | 54.14 % change on previous year |
| 2008 | -433.6% | 6.93 % change on previous year | -23.12 % change on previous year |
| 2014 | +335.0% | -13.4 % change on previous year | 31.5 % change on previous year |
| 1994 | +289.2% | -38.13 % change on previous year | 72.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 9 |
| 1970s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 10 |
| 1980s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 10 |
| 1990s | 7.72 % change on previous year | -38.13 % change on previous year | 72.14 % change on previous year | 10 |
| 2000s | -0.9482 % change on previous year | -46.06 % change on previous year | 97.86 % change on previous year | 10 |
| 2010s | 5.74 % change on previous year | -20.78 % change on previous year | 31.5 % change on previous year | 10 |
Countries ranked near Eritrea
- 47 Dominican Republic 8.42 % change on previous year compare
- 48 Madagascar 7.34 % change on previous year compare
- 49 Lithuania 7.24 % change on previous year compare
- 51 Slovakia 7.17 % change on previous year compare
- 52 Iraq 7.1 % change on previous year compare
- 53 Bahamas 7 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0077 units per US$ of GDP (2011)
- IMF holdings of currency, SDR, per capita 4.41 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0113 units per US$ of GDP (2011)
- SDR Allocation, US dollar, per capita 11.54 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
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 7.23 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Eritrea?
- The highest recorded value was 97.86 % change on previous year in 2001.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Eritrea?
- The lowest recorded value was -46.06 % change on previous year in 2005.
- How does Eritrea rank for gross fixed capital formation, private sector, constant prices?
- Eritrea ranks 50th 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 down 79.9%. 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, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Constant prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.