Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Eritrea
Eritrea: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0011 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Eritrea, 1993–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, per square in Eritrea is 0.0011 million USD per square kilometre, measured in 2023.
The figure is down 4.6% on the previous year and down 38.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Eritrea peaked at 0.0068 million USD per square kilometre in 1999 and was at its lowest, 0.0005 million USD per square kilometre, in 2018.
Eritrea ranks 193rd of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Eritrea, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1993 | 0.0025 million USD per square kilometre | — |
| 1994 | 0.0026 million USD per square kilometre | +4.3% |
| 1995 | 0.0027 million USD per square kilometre | +6.7% |
| 1996 | 0.0036 million USD per square kilometre | +30.6% |
| 1997 | 0.0045 million USD per square kilometre | +25.5% |
| 1998 | 0.005 million USD per square kilometre | +12.3% |
| 1999 | 0.0068 million USD per square kilometre | +34.5% |
| 2000 | 0.0037 million USD per square kilometre | -45.6% |
| 2001 | 0.0052 million USD per square kilometre | +41.8% |
| 2002 | 0.0045 million USD per square kilometre | -13.5% |
| 2003 | 0.0044 million USD per square kilometre | -1.8% |
| 2004 | 0.0029 million USD per square kilometre | -34.9% |
| 2005 | 0.0039 million USD per square kilometre | +34.0% |
| 2006 | 0.0024 million USD per square kilometre | -36.6% |
| 2007 | 0.0022 million USD per square kilometre | -11.2% |
| 2008 | 0.0019 million USD per square kilometre | -13.6% |
| 2009 | 0.0018 million USD per square kilometre | -5.3% |
| 2010 | 0.0027 million USD per square kilometre | +50.4% |
| 2011 | 0.0021 million USD per square kilometre | -20.6% |
| 2012 | 0.0019 million USD per square kilometre | -11.9% |
| 2013 | 0.0017 million USD per square kilometre | -8.1% |
| 2014 | 0.0016 million USD per square kilometre | -9.9% |
| 2015 | 0.0017 million USD per square kilometre | +10.3% |
| 2016 | 0.0013 million USD per square kilometre | -23.1% |
| 2017 | 0.0014 million USD per square kilometre | +7.4% |
| 2018 | 0.0005 million USD per square kilometre | -63.5% |
| 2019 | 0.0009 million USD per square kilometre | +69.8% |
| 2020 | 0.0014 million USD per square kilometre | +59.6% |
| 2021 | 0.0011 million USD per square kilometre | -17.7% |
| 2022 | 0.0011 million USD per square kilometre | -2.9% |
| 2023 | 0.0011 million USD per square kilometre | -4.6% |
Eritrea compared with similar countries
- Eritrea's 0.0011 million USD per square kilometre is below the median for low income countries, which is 0.007 million USD per square kilometre, 15% of the median. (23 countries reporting)
- Eritrea's 0.0011 million USD per square kilometre is below the median for Sub-Saharan Africa, which is 0.0172 million USD per square kilometre, 6% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0039 million USD per square kilometre | 0.0025 million USD per square kilometre | 0.0068 million USD per square kilometre | 7 |
| 2000s | 0.0033 million USD per square kilometre | 0.0018 million USD per square kilometre | 0.0052 million USD per square kilometre | 10 |
| 2010s | 0.0016 million USD per square kilometre | 0.0005 million USD per square kilometre | 0.0027 million USD per square kilometre | 10 |
| 2020s | 0.0012 million USD per square kilometre | 0.0011 million USD per square kilometre | 0.0014 million USD per square kilometre | 4 |
Countries ranked near Eritrea
- 190 Niger 0.0027 million USD per square kilometre compare
- 191 Chad 0.0022 million USD per square kilometre compare
- 192 Mauritania 0.0022 million USD per square kilometre compare
- 194 Central African Republic 0.0007 million USD per square kilometre 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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Eritrea?
- Gross fixed capital formation — value us$, 2015 prices, per square in Eritrea was 0.0011 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Eritrea?
- The highest recorded value was 0.0068 million USD per square kilometre in 1999.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Eritrea?
- The lowest recorded value was 0.0005 million USD per square kilometre in 2018.
- How does Eritrea rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Eritrea ranks 193rd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Eritrea?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.