Gross fixed capital formation, private sector in Eritrea
Eritrea: Gross fixed capital formation, private sector was 10.3% in 2011. ▼ Falling
Gross fixed capital formation, private sector in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation, private sector in Eritrea is 10.3%, measured in 2011.
The figure is up 1.0% on the previous year and down 57.1% over ten years.
Over the whole period, gross fixed capital formation, private sector in Eritrea peaked at 40.0% in 1999 and was at its lowest, 4.6%, in 1992.
Eritrea ranks 87th of 105 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Gross fixed capital formation, private sector in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 4.6% | — |
| 1993 | 14.5% | +219.0% |
| 1994 | 14.3% | -1.3% |
| 1995 | 12.3% | -14.4% |
| 1996 | 15.4% | +25.3% |
| 1997 | 18.1% | +17.8% |
| 1998 | 26.2% | +44.6% |
| 1999 | 40.0% | +52.7% |
| 2000 | 16.9% | -57.8% |
| 2001 | 24.0% | +42.4% |
| 2002 | 18.4% | -23.4% |
| 2003 | 18.1% | -1.5% |
| 2004 | 14.4% | -20.5% |
| 2005 | 17.9% | +24.2% |
| 2006 | 12.1% | -32.0% |
| 2007 | 11.0% | -9.7% |
| 2008 | 11.0% | +0.1% |
| 2009 | 7.5% | -31.3% |
| 2010 | 10.2% | +34.9% |
| 2011 | 10.3% | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.2% | 4.6% | 40.0% | 8 |
| 2000s | 15.1% | 7.5% | 24.0% | 10 |
| 2010s | 10.2% | 10.2% | 10.3% | 2 |
Countries ranked near Eritrea
- 84 Guinea 10.8% compare
- 85 Northern Mariana Islands 10.7% compare
- 86 Afghanistan 10.4%
- 88 Colombia 10.2%
- 89 Burkina Faso 10.2% compare
- 90 Pakistan 9.9% 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)
- Manufacturing, value added (constant LCU), per capita 125.2 constant LCU per person (2009)
- Industry (including construction), value added (current US$), annual 13.27 % change on previous year (2009)
- Industry (including construction), value added (current US$), per 0.2182 current US$ per US$ of GDP (2009)
- Industry (including construction), value added (current US$), per 140.28 current US$ per person (2009)
- Industry (including construction), value added (current LCU), annual 13.27 % change on previous year (2009)
- Industry (including construction), value added (current LCU), per 3.35 current LCU per US$ of GDP (2009)
- Industry (including construction), value added (current LCU), per 2,157 current LCU per person (2009)
- Industry (including construction), value added (constant LCU), annual -0.2424 % change on previous year (2009)
Frequently asked questions
- What is gross fixed capital formation, private sector in Eritrea?
- Gross fixed capital formation, private sector in Eritrea was 10.3% in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Eritrea?
- The highest recorded value was 40.0% in 1999.
- What is the lowest gross fixed capital formation, private sector recorded in Eritrea?
- The lowest recorded value was 4.6% in 1992.
- How does Eritrea rank for gross fixed capital formation, private sector?
- Eritrea ranks 87th out of 105 countries with data for 2011.
- Is gross fixed capital formation, private sector rising or falling in Eritrea?
- Over the last ten years it is down 57.1%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.