Gross public investment in Eritrea
Eritrea: Gross public investment was 9.8% in 2007. ▲ Rising
Gross public investment in Eritrea, 1992–2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in % of GDP.
Analysis
Eritrea recorded 9.8% for gross public investment in 2007.
The figure is down 19.7% on the previous year and down 46.2% over ten years.
Over the whole period, gross public investment in Eritrea peaked at 40.0% in 1999 and was at its lowest, 3.3%, in 1992.
That places Eritrea 16th out of 49 countries with data for 2007, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Gross public investment in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 3.3% | — |
| 1993 | 14.5% | +345.1% |
| 1994 | 10.8% | -25.5% |
| 1995 | 12.3% | +13.5% |
| 1996 | 15.4% | +25.3% |
| 1997 | 18.1% | +17.8% |
| 1998 | 26.2% | +44.6% |
| 1999 | 40.0% | +52.7% |
| 2000 | 18.8% | -53.0% |
| 2001 | 26.3% | +39.7% |
| 2002 | 19.8% | -24.5% |
| 2003 | 18.1% | -8.7% |
| 2004 | 14.4% | -20.5% |
| 2005 | 17.9% | +24.2% |
| 2006 | 12.1% | -32.0% |
| 2007 | 9.8% | -19.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.6% | 3.3% | 40.0% | 8 |
| 2000s | 17.1% | 9.8% | 26.3% | 8 |
Countries ranked near Eritrea
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)
- Imports of goods and services (current US$), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current US$), per unit of GDP 0.2924 current US$ per US$ of GDP (2011)
- Imports of goods and services (current US$), per capita 201.36 current US$ per person (2011)
- Imports of goods and services (current LCU), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current LCU), per unit of GDP 4.5 current LCU per US$ of GDP (2011)
- Imports of goods and services (current LCU), per capita 3,096 current LCU per person (2011)
- External balance on goods and services (current US$), annual growth 41.74 % change on previous year (2011)
- External balance on goods and services (current LCU), annual growth 41.74 % change on previous year (2011)
Frequently asked questions
- What is gross public investment in Eritrea?
- Gross public investment in Eritrea was 9.8% in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gross public investment recorded in Eritrea?
- The highest recorded value was 40.0% in 1999.
- What is the lowest gross public investment recorded in Eritrea?
- The lowest recorded value was 3.3% in 1992.
- How does Eritrea rank for gross public investment?
- Eritrea ranks 16th out of 49 countries with data for 2007.
- Is gross public investment rising or falling in Eritrea?
- Over the last ten years it is down 46.2%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Gross public investment (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross public investment (see definition below) as a percentage of GDP (%) . Public sectors’ gross domestic fixed investment (gross fixed capital formation) comprises all additions to the stocks of fixed assets (purchases and own-account capital formation), less any sales of second-hand and scrapped fixed assets measured at constant prices, done by government units and non-financial public enterprises. Most outlays by government on military equipment are excluded. According to 1993 SNA are outlays on weapons and equipment with no alternative civil use treated as intermediate consumption, and part of governments consumption expenditure.