Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Eritrea
Eritrea: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0006 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Eritrea, 1990–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Eritrea recorded 0.0006 million SLC per person for gross fixed capital formation — value standard local currency, 2015 in 2024.
Compared with earlier readings it is down 3.8% on the previous year and down 41.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Eritrea peaked at 0.0047 million SLC per person in 1999 and was at its lowest, 0.0003 million SLC per person, in 2018.
Eritrea ranks 188th of 194 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 — Value Standard Local Currency, 2015 in Eritrea, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1990 | 0.0014 million SLC per person | — |
| 1991 | 0.0016 million SLC per person | +14.6% |
| 1992 | 0.0022 million SLC per person | +33.4% |
| 1993 | 0.0021 million SLC per person | -5.0% |
| 1994 | 0.0021 million SLC per person | +1.1% |
| 1995 | 0.0021 million SLC per person | +0.8% |
| 1996 | 0.0026 million SLC per person | +24.3% |
| 1997 | 0.0032 million SLC per person | +24.1% |
| 1998 | 0.0036 million SLC per person | +10.8% |
| 1999 | 0.0047 million SLC per person | +32.5% |
| 2000 | 0.0025 million SLC per person | -46.4% |
| 2001 | 0.0035 million SLC per person | +37.8% |
| 2002 | 0.0029 million SLC per person | -16.4% |
| 2003 | 0.0028 million SLC per person | -5.8% |
| 2004 | 0.0021 million SLC per person | -25.2% |
| 2005 | 0.0027 million SLC per person | +30.8% |
| 2006 | 0.0017 million SLC per person | -37.6% |
| 2007 | 0.0015 million SLC per person | -12.4% |
| 2008 | 0.0012 million SLC per person | -15.8% |
| 2009 | 0.0011 million SLC per person | -7.7% |
| 2010 | 0.0017 million SLC per person | +47.5% |
| 2011 | 0.0013 million SLC per person | -22.0% |
| 2012 | 0.0011 million SLC per person | -13.0% |
| 2013 | 0.001 million SLC per person | -9.2% |
| 2014 | 0.0009 million SLC per person | -10.5% |
| 2015 | 0.001 million SLC per person | +10.0% |
| 2016 | 0.0008 million SLC per person | -23.6% |
| 2017 | 0.0008 million SLC per person | +6.5% |
| 2018 | 0.0003 million SLC per person | -64.0% |
| 2019 | 0.0005 million SLC per person | +67.3% |
| 2020 | 0.0008 million SLC per person | +57.1% |
| 2021 | 0.0006 million SLC per person | -19.1% |
| 2022 | 0.0006 million SLC per person | -4.5% |
| 2023 | 0.0006 million SLC per person | -6.2% |
| 2024 | 0.0006 million SLC per person | -3.8% |
Eritrea compared with similar countries
- Eritrea's 0.0006 million SLC per person is below the median for low income countries, which is 0.0447 million SLC per person, 1% of the median. (23 countries reporting)
- Eritrea's 0.0006 million SLC per person is below the median for Sub-Saharan Africa, which is 0.0609 million SLC per person, 1% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0026 million SLC per person | 0.0014 million SLC per person | 0.0047 million SLC per person | 10 |
| 2000s | 0.0022 million SLC per person | 0.0011 million SLC per person | 0.0035 million SLC per person | 10 |
| 2010s | 0.001 million SLC per person | 0.0003 million SLC per person | 0.0017 million SLC per person | 10 |
| 2020s | 0.0006 million SLC per person | 0.0006 million SLC per person | 0.0008 million SLC per person | 5 |
Countries ranked near Eritrea
- 185 Kiribati 0.0007 million SLC per person compare
- 186 Sudan 0.0007 million SLC per person compare
- 187 Papua New Guinea 0.0006 million SLC per person compare
- 189 South Sudan 0.0005 million SLC per person compare
- 190 Palestine 0.0005 million SLC per person compare
- 191 Jordan 0.0005 million SLC per person 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Eritrea?
- Gross fixed capital formation — value standard local currency, 2015 in Eritrea was 0.0006 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Eritrea?
- The highest recorded value was 0.0047 million SLC per person in 1999.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Eritrea?
- The lowest recorded value was 0.0003 million SLC per person in 2018.
- How does Eritrea rank for gross fixed capital formation — value standard local currency, 2015?
- Eritrea ranks 188th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Eritrea?
- Over the last ten years it is down 41.0%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.