Gross fixed capital formation, public sector in Eritrea
Eritrea: Gross fixed capital formation, public sector was 1.98 billion current LCU in 2007. β Volatile
Gross fixed capital formation, public sector in Eritrea, 1992β2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
Eritrea recorded 1.98 billion current LCU for gross fixed capital formation, public sector in 2007.
Compared with earlier readings it is down 12.6% on the previous year and up 120.7% over ten years.
Over the whole period, gross fixed capital formation, public sector in Eritrea peaked at 3.02 billion current LCU in 2005 and was at its lowest, 71.30 million current LCU, in 1992.
Eritrea ranks 46th of 49 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 811.31 million current LCU | 71.30 million current LCU | 2.25 billion current LCU | 8 |
| 2000s | 2.09 billion current LCU | 1.15 billion current LCU | 3.02 billion current LCU | 8 |
Countries ranked near Eritrea
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)
- Taxes less subsidies on products (current LCU), annual growth rate 7.43 % change on previous year (2009)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.4282 current LCU per US$ of GDP (2009)
- Taxes less subsidies on products (current LCU), per capita 275.29 current LCU per person (2009)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0484 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 20.65 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 15.07 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0663 (2025)
- Gdp worldbank constant usd, annual growth rate 8.68 % change on previous year (2011)
Frequently asked questions
- What is gross fixed capital formation, public sector in Eritrea?
- Gross fixed capital formation, public sector in Eritrea was 1.98 billion current LCU in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gross fixed capital formation, public sector recorded in Eritrea?
- The highest recorded value was 3.02 billion current LCU in 2005.
- What is the lowest gross fixed capital formation, public sector recorded in Eritrea?
- The lowest recorded value was 71.30 million current LCU in 1992.
- How does Eritrea rank for gross fixed capital formation, public sector?
- Eritrea ranks 46th out of 49 countries with data for 2007.
- Is gross fixed capital formation, public sector rising or falling in Eritrea?
- Over the last ten years it is up 120.7%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Gross fixed capital formation, public sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Public investment covers gross outlays by the public sector on additions to its fixed domestic assets.