Gross fixed capital … General government Domestic annual growth rate in Eritrea
Eritrea: Gross fixed capital … General government Domestic annual growth rate was 116.66 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Eritrea, 1991–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross fixed capital formation, general government, current prices in Eritrea stood at 116.66 % change on previous year.
That represents a change of up 236.7% on the previous year and up 1,647.5% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Eritrea peaked at 210.53 % change on previous year in 1993 and was at its lowest, -85.33 % change on previous year, in 2018.
That places Eritrea 3rd out of 174 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital … General government Domestic annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 29.4 % change on previous year | — |
| 1992 | -39.72 % change on previous year | -235.1% |
| 1993 | 210.53 % change on previous year | -630.0% |
| 1994 | 4.13 % change on previous year | -98.0% |
| 1995 | 23.79 % change on previous year | +475.5% |
| 1996 | 48.73 % change on previous year | +104.8% |
| 1997 | 31.27 % change on previous year | -35.8% |
| 1998 | 22.56 % change on previous year | -27.8% |
| 1999 | 53.63 % change on previous year | +137.7% |
| 2000 | -47.77 % change on previous year | -189.1% |
| 2001 | 81.89 % change on previous year | -271.4% |
| 2002 | 8.45 % change on previous year | -89.7% |
| 2003 | -1.31 % change on previous year | -115.5% |
| 2004 | -0.0344 % change on previous year | -97.4% |
| 2005 | 31.73 % change on previous year | -92371.2% |
| 2006 | -27.07 % change on previous year | -185.3% |
| 2007 | -1.71 % change on previous year | -93.7% |
| 2008 | 4.82 % change on previous year | -382.4% |
| 2009 | -7.54 % change on previous year | -256.5% |
| 2010 | 87.35 % change on previous year | -1258.7% |
| 2011 | -13.56 % change on previous year | -115.5% |
| 2012 | -18.27 % change on previous year | +34.7% |
| 2013 | -6.54 % change on previous year | -64.2% |
| 2014 | -19.12 % change on previous year | +192.4% |
| 2015 | 18.93 % change on previous year | -199.0% |
| 2016 | -35.9 % change on previous year | -289.6% |
| 2017 | 16.26 % change on previous year | -145.3% |
| 2018 | -85.33 % change on previous year | -624.9% |
| 2019 | 116.66 % change on previous year | -236.7% |
Eritrea compared with similar countries
- Eritrea's 116.66 % change on previous year is above the median for low income countries, which is 11.96 % change on previous year, 9.8× the median. (23 countries reporting)
- Eritrea's 116.66 % change on previous year is above the median for Sub-Saharan Africa, which is 9.46 % change on previous year, 12.3× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital … General government Domestic annual growth rate in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +92371.2% | -0.0344 % change on previous year | 31.73 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.7 % change on previous year | -39.72 % change on previous year | 210.53 % change on previous year | 9 |
| 2000s | 4.15 % change on previous year | -47.77 % change on previous year | 81.89 % change on previous year | 10 |
| 2010s | 6.05 % change on previous year | -85.33 % change on previous year | 116.66 % change on previous year | 10 |
Countries ranked near Eritrea
- 1 Venezuela 773.21 % change on previous year compare
- 2 South Sudan 197.65 % change on previous year compare
- 4 Mongolia 87.45 % change on previous year compare
- 5 Libya 81.81 % change on previous year compare
- 6 Uzbekistan 72.46 % change on previous year compare
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, current prices in Eritrea?
- Gross fixed capital formation, general government, current prices in Eritrea was 116.66 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Eritrea?
- The highest recorded value was 210.53 % change on previous year in 1993.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Eritrea?
- The lowest recorded value was -85.33 % change on previous year in 2018.
- How does Eritrea rank for gross fixed capital formation, general government, current prices?
- Eritrea ranks 3rd out of 174 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Eritrea?
- Over the last ten years it is up 1,647.5%. 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, General government, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.