Gross Fixed Capital Formation — Value Standard Local Currency, per in Eritrea
Eritrea: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0007 million SLC per person in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, per in Eritrea, 1990–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Eritrea is 0.0007 million SLC per person, measured in 2024.
Compared with earlier readings it is up 1.0% on the previous year and down 22.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Eritrea peaked at 0.0015 million SLC per person in 2010 and was at its lowest, 0.0001 million SLC per person, in 1992.
That places Eritrea 190th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Eritrea, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1990 | 0.0001 million SLC per person | — |
| 1991 | 0.0002 million SLC per person | +37.0% |
| 1992 | 0.0001 million SLC per person | -27.6% |
| 1993 | 0.0004 million SLC per person | +141.8% |
| 1994 | 0.0005 million SLC per person | +29.2% |
| 1995 | 0.0004 million SLC per person | -4.6% |
| 1996 | 0.0006 million SLC per person | +38.6% |
| 1997 | 0.0008 million SLC per person | +25.9% |
| 1998 | 0.0008 million SLC per person | +9.6% |
| 1999 | 0.0012 million SLC per person | +41.3% |
| 2000 | 0.0007 million SLC per person | -43.2% |
| 2001 | 0.0013 million SLC per person | +95.0% |
| 2002 | 0.0013 million SLC per person | -3.1% |
| 2003 | 0.0013 million SLC per person | +2.3% |
| 2004 | 0.0012 million SLC per person | -7.2% |
| 2005 | 0.0013 million SLC per person | +8.2% |
| 2006 | 0.0009 million SLC per person | -28.8% |
| 2007 | 0.0009 million SLC per person | -1.2% |
| 2008 | 0.0009 million SLC per person | +0.8% |
| 2009 | 0.0009 million SLC per person | -5.5% |
| 2010 | 0.0015 million SLC per person | +74.4% |
| 2011 | 0.0014 million SLC per person | -9.8% |
| 2012 | 0.0012 million SLC per person | -14.2% |
| 2013 | 0.0011 million SLC per person | -9.0% |
| 2014 | 0.001 million SLC per person | -10.1% |
| 2015 | 0.001 million SLC per person | +7.3% |
| 2016 | 0.0007 million SLC per person | -27.8% |
| 2017 | 0.0008 million SLC per person | +6.6% |
| 2018 | 0.0003 million SLC per person | -64.9% |
| 2019 | 0.0005 million SLC per person | +66.5% |
| 2020 | 0.0007 million SLC per person | +58.8% |
| 2021 | 0.0007 million SLC per person | -0.0% |
| 2022 | 0.0008 million SLC per person | +5.9% |
| 2023 | 0.0007 million SLC per person | -5.3% |
| 2024 | 0.0007 million SLC per person | +1.0% |
Eritrea compared with similar countries
- Eritrea's 0.0007 million SLC per person is below the median for low income countries, which is 0.0939 million SLC per person, 1% of the median. (23 countries reporting)
- Eritrea's 0.0007 million SLC per person is below the median for Sub-Saharan Africa, which is 0.0989 million SLC per person, 1% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +141.8% | 0.0001 million SLC per person | 0.0004 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0005 million SLC per person | 0.0001 million SLC per person | 0.0012 million SLC per person | 10 |
| 2000s | 0.0011 million SLC per person | 0.0007 million SLC per person | 0.0013 million SLC per person | 10 |
| 2010s | 0.0009 million SLC per person | 0.0003 million SLC per person | 0.0015 million SLC per person | 10 |
| 2020s | 0.0007 million SLC per person | 0.0007 million SLC per person | 0.0008 million SLC per person | 5 |
Countries ranked near Eritrea
- 187 Kiribati 0.0009 million SLC per person compare
- 188 Papua New Guinea 0.0008 million SLC per person compare
- 189 Zimbabwe 0.0008 million SLC per person compare
- 191 Palestine 0.0006 million SLC per person compare
- 192 Jordan 0.0005 million SLC per person compare
- 193 East Timor 0.0003 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, per in Eritrea?
- Gross fixed capital formation — value standard local currency, per in Eritrea was 0.0007 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Eritrea?
- The highest recorded value was 0.0015 million SLC per person in 2010.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Eritrea?
- The lowest recorded value was 0.0001 million SLC per person in 1992.
- How does Eritrea rank for gross fixed capital formation — value standard local currency, per?
- Eritrea ranks 190th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Eritrea?
- Over the last ten years it is down 22.3%. The long-run trend across the full record is rising.
- 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, 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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.