Gross fixed capital formation, Private sector, Current prices in Eritrea
Eritrea: Gross fixed capital formation, Private sector, Current prices 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 prices 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% |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9721 current US$ per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current US$), per capita 625.02 current US$ per person (2009)
- Gross value added at basic prices (GVA) (current LCU), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 14.95 current LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current LCU), per capita 9,610 current LCU per person (2009)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.29 % change on previous year (2009)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 3.86 constant LCU per US$ of GDP (2009)
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.
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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.