Gross fixed capital formation, General government … General Percent in Eritrea
Eritrea: Gross fixed capital formation, General government … General Percent was 2 in 2019. ▼ Falling
Gross fixed capital formation, General government, Constant prices in Eritrea, 1990–2019
Source: International Monetary Fund.
Analysis
Eritrea recorded 2 for gross fixed capital formation, general government, constant prices in 2019.
That represents a change of up 126.4% on the previous year and down 83.5% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Eritrea peaked at 35.01 in 1999 and was at its lowest, 0.8815, in 2018.
That places Eritrea 151st out of 173 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Gross fixed capital formation, General government … General Percent in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 17.12 | — |
| 1991 | 16.58 | -3.2% |
| 1992 | 16.55 | -0.2% |
| 1993 | 17.89 | +8.1% |
| 1994 | 12.91 | -27.8% |
| 1995 | 13.96 | +8.2% |
| 1996 | 18.21 | +30.4% |
| 1997 | 21.57 | +18.5% |
| 1998 | 24.77 | +14.8% |
| 1999 | 35.01 | +41.4% |
| 2000 | 17.23 | -50.8% |
| 2001 | 25.27 | +46.7% |
| 2002 | 21.74 | -14.0% |
| 2003 | 19.2 | -11.7% |
| 2004 | 15.9 | -17.2% |
| 2005 | 24.97 | +57.0% |
| 2006 | 16.12 | -35.4% |
| 2007 | 13.84 | -14.1% |
| 2008 | 15.03 | +8.7% |
| 2009 | 12.11 | -19.5% |
| 2010 | 17.3 | +42.9% |
| 2011 | 10.29 | -40.5% |
| 2012 | 8.36 | -18.7% |
| 2013 | 8.71 | +4.1% |
| 2014 | 5.32 | -38.9% |
| 2015 | 8.17 | +53.5% |
| 2016 | 5.16 | -36.8% |
| 2017 | 6.66 | +29.0% |
| 2018 | 0.8815 | -86.8% |
| 2019 | 2 | +126.4% |
Eritrea compared with similar countries
- Eritrea's 2 is below the median for low income countries, which is 3.89, 51% of the median. (22 countries reporting)
- Eritrea's 2 is below the median for Sub-Saharan Africa, which is 3.83, 52% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.46 | 12.91 | 35.01 | 10 |
| 2000s | 18.14 | 12.11 | 25.27 | 10 |
| 2010s | 7.28 | 0.8815 | 17.3 | 10 |
Countries ranked near Eritrea
More public sector data for Eritrea
- Democracy, annual growth rate 0 % change on previous year (1962)
- Elected parliament, annual growth rate 0 % change on previous year (1962)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Arms imports 4.00 million SIPRI trend indicator values (2007)
- Arms imports (SIPRI trend indicator values), per capita 1.46 SIPRI trend indicator values per person (2007)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.003 SIPRI trend indicator values per US$ of GDP (2007)
- Arms imports (SIPRI trend indicator values), annual growth rate 23.75 % change on previous year (2005)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2007)
- Military expenditure (current USD), per capita 72.81 current USD per person (2003)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Eritrea?
- Gross fixed capital formation, general government, constant prices in Eritrea was 2 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Eritrea?
- The highest recorded value was 35.01 in 1999.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Eritrea?
- The lowest recorded value was 0.8815 in 2018.
- How does Eritrea rank for gross fixed capital formation, general government, constant prices?
- Eritrea ranks 151st out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Eritrea?
- Over the last ten years it is down 83.5%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.