Gross Fixed Capital Formation — Value Standard Local Currency, per in Eritrea
Eritrea: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0 million SLC per US$ of GDP in 2011. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, per in Eritrea, 1992–2011
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
Eritrea recorded 0 million SLC per US$ of GDP for gross fixed capital formation — value standard local currency, per in 2011.
The figure is down 29.3% on the previous year and down 50.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Eritrea peaked at 0 million SLC per US$ of GDP in 2002 and was at its lowest, 0 million SLC per US$ of GDP, in 1992.
That places Eritrea 102nd out of 193 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Eritrea, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1992 | 0 million SLC per US$ of GDP | — |
| 1993 | 0 million SLC per US$ of GDP | +154.5% |
| 1994 | 0 million SLC per US$ of GDP | +17.3% |
| 1995 | 0 million SLC per US$ of GDP | -7.1% |
| 1996 | 0 million SLC per US$ of GDP | +21.4% |
| 1997 | 0 million SLC per US$ of GDP | +28.6% |
| 1998 | 0 million SLC per US$ of GDP | +2.3% |
| 1999 | 0 million SLC per US$ of GDP | +55.1% |
| 2000 | 0 million SLC per US$ of GDP | -43.8% |
| 2001 | 0 million SLC per US$ of GDP | +88.4% |
| 2002 | 0 million SLC per US$ of GDP | +3.4% |
| 2003 | 0 million SLC per US$ of GDP | -10.7% |
| 2004 | 0 million SLC per US$ of GDP | -24.2% |
| 2005 | 0 million SLC per US$ of GDP | +11.9% |
| 2006 | 0 million SLC per US$ of GDP | -34.4% |
| 2007 | 0 million SLC per US$ of GDP | -7.8% |
| 2008 | 0 million SLC per US$ of GDP | -1.2% |
| 2009 | 0 million SLC per US$ of GDP | -28.0% |
| 2010 | 0 million SLC per US$ of GDP | +107.8% |
| 2011 | 0 million SLC per US$ of GDP | -29.3% |
Eritrea compared with similar countries
- Eritrea's 0 million SLC per US$ of GDP is below the median for low income countries, which is 0.0001 million SLC per US$ of GDP, 2% of the median. (23 countries reporting)
- Eritrea's 0 million SLC per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0001 million SLC per US$ of GDP, 3% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 8 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 2 |
Countries ranked near Eritrea
- 99 Norway 0 million SLC per US$ of GDP compare
- 100 Solomon Islands 0 million SLC per US$ of GDP compare
- 101 Greenland 0 million SLC per US$ of GDP compare
- 103 Seychelles 0 million SLC per US$ of GDP compare
- 104 Denmark 0 million SLC per US$ of GDP compare
- 105 Ghana 0 million SLC per US$ of GDP 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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Eritrea?
- Gross fixed capital formation — value standard local currency, per in Eritrea was 0 million SLC per US$ of GDP in 2011, 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 million SLC per US$ of GDP in 2002.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Eritrea?
- The lowest recorded value was 0 million SLC per US$ of GDP in 1992.
- How does Eritrea rank for gross fixed capital formation — value standard local currency, per?
- Eritrea ranks 102nd out of 193 countries with data for 2011.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Eritrea?
- Over the last ten years it is down 50.5%. 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 unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.