Gross fixed capital formation, Private sector, Current … Domestic in Eritrea
Eritrea: Gross fixed capital formation, Private sector, Current … Domestic was 0.5975 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Eritrea, 1990–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, current prices in Eritrea is 0.5975, measured in 2019.
Compared with earlier readings it is down 1.2% on the previous year and up 74.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Eritrea peaked at 0.8505 in 2003 and was at its lowest, 0.0963, in 1990.
That places Eritrea 169th out of 174 countries with data for 2019, putting it 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, Current … Domestic in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.0963 | — |
| 1991 | 0.1247 | +29.4% |
| 1992 | 0.1042 | -16.4% |
| 1993 | 0.1641 | +57.5% |
| 1994 | 0.3611 | +120.0% |
| 1995 | 0.2487 | -31.1% |
| 1996 | 0.3427 | +37.8% |
| 1997 | 0.3995 | +16.6% |
| 1998 | 0.3025 | -24.3% |
| 1999 | 0.2785 | -7.9% |
| 2000 | 0.2857 | +2.6% |
| 2001 | 0.7998 | +179.9% |
| 2002 | 0.6216 | -22.3% |
| 2003 | 0.8505 | +36.8% |
| 2004 | 0.7439 | -12.5% |
| 2005 | 0.3318 | -55.4% |
| 2006 | 0.221 | -33.4% |
| 2007 | 0.2667 | +20.7% |
| 2008 | 0.2455 | -7.9% |
| 2009 | 0.3419 | +39.3% |
| 2010 | 0.4041 | +18.2% |
| 2011 | 0.5889 | +45.7% |
| 2012 | 0.6934 | +17.7% |
| 2013 | 0.6021 | -13.2% |
| 2014 | 0.8008 | +33.0% |
| 2015 | 0.6191 | -22.7% |
| 2016 | 0.6673 | +7.8% |
| 2017 | 0.574 | -14.0% |
| 2018 | 0.6047 | +5.3% |
| 2019 | 0.5975 | -1.2% |
Eritrea compared with similar countries
- Eritrea's 0.5975 is below the median for low income countries, which is 647.15, 0% of the median. (23 countries reporting)
- Eritrea's 0.5975 is below the median for Sub-Saharan Africa, which is 506.27, 0% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2422 | 0.0963 | 0.3995 | 10 |
| 2000s | 0.4708 | 0.221 | 0.8505 | 10 |
| 2010s | 0.6152 | 0.4041 | 0.8008 | 10 |
Countries ranked near Eritrea
- 166 Montenegro 0.9313 compare
- 167 Liberia 0.6398 compare
- 168 Grenada 0.6303 compare
- 170 Saint Kitts and Nevis 0.5733 compare
- 171 Belize 0.544 compare
- 172 Saint Vincent and the Grenadines 0.2518 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, current prices in Eritrea?
- Gross fixed capital formation, private sector, current prices in Eritrea was 0.5975 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Eritrea?
- The highest recorded value was 0.8505 in 2003.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Eritrea?
- The lowest recorded value was 0.0963 in 1990.
- How does Eritrea rank for gross fixed capital formation, private sector, current prices?
- Eritrea ranks 169th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Eritrea?
- Over the last ten years it is up 74.8%. 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, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.