Gross fixed capital formation, Private sector … Private Purchasing in Eritrea
Eritrea: Gross fixed capital formation, Private sector … Private Purchasing was 0.1209 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Eritrea, 1960–2019
Source: International Monetary Fund.
Analysis
Eritrea recorded 0.1209 for gross fixed capital formation, private sector, constant prices in 2019.
Compared with earlier readings it is up 7.2% on the previous year and up 53.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Eritrea peaked at 0.3759 in 2001 and was at its lowest, 0.0486, in 1960.
Eritrea ranks 169th 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 … Private Purchasing in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.0486 | — |
| 1961 | 0.0505 | +4.0% |
| 1962 | 0.0526 | +4.0% |
| 1963 | 0.0547 | +4.0% |
| 1964 | 0.0569 | +4.0% |
| 1965 | 0.0591 | +4.0% |
| 1966 | 0.0615 | +4.0% |
| 1967 | 0.064 | +4.0% |
| 1968 | 0.0665 | +4.0% |
| 1969 | 0.0692 | +4.0% |
| 1970 | 0.0719 | +4.0% |
| 1971 | 0.0748 | +4.0% |
| 1972 | 0.0778 | +4.0% |
| 1973 | 0.0809 | +4.0% |
| 1974 | 0.0842 | +4.0% |
| 1975 | 0.0875 | +4.0% |
| 1976 | 0.091 | +4.0% |
| 1977 | 0.0947 | +4.0% |
| 1978 | 0.0985 | +4.0% |
| 1979 | 0.1024 | +4.0% |
| 1980 | 0.1065 | +4.0% |
| 1981 | 0.1108 | +4.0% |
| 1982 | 0.1152 | +4.0% |
| 1983 | 0.1198 | +4.0% |
| 1984 | 0.1246 | +4.0% |
| 1985 | 0.1296 | +4.0% |
| 1986 | 0.1348 | +4.0% |
| 1987 | 0.1401 | +4.0% |
| 1988 | 0.1458 | +4.0% |
| 1989 | 0.1516 | +4.0% |
| 1990 | 0.1618 | +6.7% |
| 1991 | 0.175 | +8.2% |
| 1992 | 0.2698 | +54.1% |
| 1993 | 0.1669 | -38.1% |
| 1994 | 0.2873 | +72.1% |
| 1995 | 0.209 | -27.2% |
| 1996 | 0.2584 | +23.6% |
| 1997 | 0.2968 | +14.9% |
| 1998 | 0.2271 | -23.5% |
| 1999 | 0.1962 | -13.6% |
| 2000 | 0.19 | -3.2% |
| 2001 | 0.3759 | +97.9% |
| 2002 | 0.252 | -33.0% |
| 2003 | 0.3177 | +26.1% |
| 2004 | 0.2241 | -29.5% |
| 2005 | 0.1209 | -46.1% |
| 2006 | 0.0706 | -41.6% |
| 2007 | 0.0755 | +6.9% |
| 2008 | 0.058 | -23.1% |
| 2009 | 0.0789 | +36.0% |
| 2010 | 0.0789 | -0.1% |
| 2011 | 0.0994 | +26.0% |
| 2012 | 0.1187 | +19.4% |
| 2013 | 0.1028 | -13.4% |
| 2014 | 0.1351 | +31.5% |
| 2015 | 0.107 | -20.8% |
| 2016 | 0.1222 | +14.1% |
| 2017 | 0.1049 | -14.1% |
| 2018 | 0.1128 | +7.4% |
| 2019 | 0.1209 | +7.2% |
Eritrea compared with similar countries
- Eritrea's 0.1209 is below the median for low income countries, which is 3.34, 4% of the median. (22 countries reporting)
- Eritrea's 0.1209 is below the median for Sub-Saharan Africa, which is 3.4, 4% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector … Private Purchasing 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 |
|---|---|---|---|
| 2001 | +97.9% | 0.19 | 0.3759 |
| 1994 | +72.1% | 0.1669 | 0.2873 |
| 1992 | +54.1% | 0.175 | 0.2698 |
| 2005 | -46.1% | 0.2241 | 0.1209 |
| 2006 | -41.6% | 0.1209 | 0.0706 |
| 1993 | -38.1% | 0.2698 | 0.1669 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0584 | 0.0486 | 0.0692 | 10 |
| 1970s | 0.0864 | 0.0719 | 0.1024 | 10 |
| 1980s | 0.1279 | 0.1065 | 0.1516 | 10 |
| 1990s | 0.2248 | 0.1618 | 0.2968 | 10 |
| 2000s | 0.1764 | 0.058 | 0.3759 | 10 |
| 2010s | 0.1103 | 0.0789 | 0.1351 | 10 |
Countries ranked near Eritrea
- 166 Grenada 0.2646 compare
- 167 Comoros 0.1985 compare
- 168 Saint Vincent and the Grenadines 0.1338 compare
- 170 Venezuela 0.1175 compare
- 171 Sao Tome and Principe 0.079 compare
- 172 Guinea-Bissau 0.0496 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 0.1209 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 0.3759 in 2001.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Eritrea?
- The lowest recorded value was 0.0486 in 1960.
- How does Eritrea rank for gross fixed capital formation, private sector, constant prices?
- Eritrea ranks 169th 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 53.2%. 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.