Gross fixed capital formation, Private sector, Constant prices in Eritrea
Eritrea: Gross fixed capital formation, Private sector, Constant prices was 0.1209 in 2019. ◆ Volatile
Latest (2019)
0.1209
Change on year
up 7.2%
World rank
169th
of 173 countries
All-time high
0.3759
in 2001
All-time low
0.0486
in 1960
Years of data
60
1960–2019
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, Constant prices 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% |
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, Bolivarian Republic of 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)
- Gross domestic savings (current US$), annual growth rate 29.25 % change on previous year (2011)
- Gross domestic savings (current US$), per unit of GDP -0.2479 current US$ per US$ of GDP (2011)
- Gross domestic savings (current US$), per capita -170.72 current US$ per person (2011)
- Gross domestic savings (current LCU), annual growth rate 29.25 % change on previous year (2011)
- Gross domestic savings (current LCU), per unit of GDP -3.81 current LCU per US$ of GDP (2011)
- Gross domestic savings (current LCU), per capita -2,625 current LCU per person (2011)
- GNI, Atlas method (current US$), annual growth rate 18.91 % change on previous year (2011)
- GNI, Atlas method (current US$), per unit of GDP 0.9399 current US$ 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.