Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Eritrea
Eritrea: Gross Fixed Capital: Value Standard … 2015 Standard Local Currency was 1,945 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Eritrea, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Eritrea is 1,945 million SLC, measured in 2024.
That represents a change of down 2.0% on the previous year and down 32.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Eritrea peaked at 10,500 million SLC in 1999 and was at its lowest, 959.48 million SLC, in 2018.
That places Eritrea 185th out of 222 countries with data for 2024, 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: Value Standard … 2015 Standard Local Currency in Eritrea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 2,876 million SLC | — |
| 1991 | 3,111 million SLC | +8.2% |
| 1992 | 3,890 million SLC | +25.0% |
| 1993 | 3,814 million SLC | -1.9% |
| 1994 | 3,976 million SLC | +4.3% |
| 1995 | 4,243 million SLC | +6.7% |
| 1996 | 5,543 million SLC | +30.6% |
| 1997 | 6,955 million SLC | +25.5% |
| 1998 | 7,807 million SLC | +12.3% |
| 1999 | 10,500 million SLC | +34.5% |
| 2000 | 5,713 million SLC | -45.6% |
| 2001 | 8,101 million SLC | +41.8% |
| 2002 | 7,007 million SLC | -13.5% |
| 2003 | 6,880 million SLC | -1.8% |
| 2004 | 5,363 million SLC | -22.1% |
| 2005 | 7,187 million SLC | +34.0% |
| 2006 | 4,556 million SLC | -36.6% |
| 2007 | 4,048 million SLC | -11.2% |
| 2008 | 3,497 million SLC | -13.6% |
| 2009 | 3,311 million SLC | -5.3% |
| 2010 | 4,980 million SLC | +50.4% |
| 2011 | 3,955 million SLC | -20.6% |
| 2012 | 3,486 million SLC | -11.9% |
| 2013 | 3,204 million SLC | -8.1% |
| 2014 | 2,885 million SLC | -9.9% |
| 2015 | 3,183 million SLC | +10.3% |
| 2016 | 2,447 million SLC | -23.1% |
| 2017 | 2,627 million SLC | +7.4% |
| 2018 | 959.48 million SLC | -63.5% |
| 2019 | 1,629 million SLC | +69.8% |
| 2020 | 2,599 million SLC | +59.5% |
| 2021 | 2,140 million SLC | -17.6% |
| 2022 | 2,079 million SLC | -2.9% |
| 2023 | 1,984 million SLC | -4.6% |
| 2024 | 1,945 million SLC | -2.0% |
Eritrea compared with similar countries
- Eritrea's 1,945 million SLC is below the median for low income countries, which is 628,226 million SLC, 0% of the median. (23 countries reporting)
- Eritrea's 1,945 million SLC is below the median for Sub-Saharan Africa, which is 523,640 million SLC, 0% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,272 million SLC | 2,876 million SLC | 10,500 million SLC | 10 |
| 2000s | 5,566 million SLC | 3,311 million SLC | 8,101 million SLC | 10 |
| 2010s | 2,935 million SLC | 959.48 million SLC | 4,980 million SLC | 10 |
| 2020s | 2,150 million SLC | 1,945 million SLC | 2,599 million SLC | 5 |
Countries ranked near Eritrea
- 183 Sao Tome and Principe 2,489 million SLC compare
- 184 Fiji 1,947 million SLC compare
- 186 Monaco 1,884 million SLC compare
- 187 Barbados 1,842 million SLC compare
- 188 Antigua and Barbuda 1,764 million SLC 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 — value standard local currency, 2015 in Eritrea?
- Gross fixed capital formation — value standard local currency, 2015 in Eritrea was 1,945 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Eritrea?
- The highest recorded value was 10,500 million SLC in 1999.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Eritrea?
- The lowest recorded value was 959.48 million SLC in 2018.
- How does Eritrea rank for gross fixed capital formation — value standard local currency, 2015?
- Eritrea ranks 185th out of 222 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 32.6%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).