Gross Fixed Capital Formation — Value US$, 2015 prices in Eritrea
Eritrea: Gross Fixed Capital Formation — Value US$, 2015 prices was 126.52 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Eritrea, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Eritrea is 126.52 million USD, 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 us$, 2015 prices in Eritrea peaked at 682.93 million USD in 1999 and was at its lowest, 62.41 million USD, in 2018.
Eritrea ranks 207th of 219 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 342.88 million USD | 187.07 million USD | 682.93 million USD | 10 |
| 2000s | 362.04 million USD | 215.36 million USD | 526.87 million USD | 10 |
| 2010s | 190.93 million USD | 62.41 million USD | 323.92 million USD | 10 |
| 2020s | 139.81 million USD | 126.52 million USD | 169.04 million USD | 5 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- External balance on goods and services as a percent of gdp -11.08 (2011)
- Gdp per capita worldbank constant usd 751.38 (2011)
- Manufacturing value added to gdp 5.49 (2009)
- Gdp worldbank constant usd 2.25 billion (2011)
- Gdp per capita in international and market dollars 751.38 (2011)
- DEC alternative conversion factor 15.07 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.43 billion current LCU (2009)
- Net secondary income (Net current transfers from abroad) 353.00 million current US$ (2009)
- Taxes less subsidies on products 795.00 million current LCU (2009)
- Taxes less subsidies on products 51.71 million current US$ (2009)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Eritrea?
- Gross fixed capital formation — value us$, 2015 prices in Eritrea was 126.52 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Eritrea?
- The highest recorded value was 682.93 million USD in 1999.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Eritrea?
- The lowest recorded value was 62.41 million USD in 2018.
- How does Eritrea rank for gross fixed capital formation — value us$, 2015 prices?
- Eritrea ranks 207th out of 219 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).