Eritrea - Gross capital formation
Gross capital formation (current US$)
The latest value for Gross capital formation (current US$) in Eritrea was $260,733,700 as of 2011. Over the past 19 years, the value for this indicator has fluctuated between $313,556,900 in 1999 and $37,265,720 in 1992.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1992 | $37,265,720 |
| 1993 | $79,515,030 |
| 1994 | $133,652,600 |
| 1995 | $130,265,600 |
| 1996 | $191,341,400 |
| 1997 | $214,739,100 |
| 1998 | $240,707,000 |
| 1999 | $313,556,900 |
| 2000 | $155,378,700 |
| 2001 | $265,289,800 |
| 2002 | $215,506,700 |
| 2003 | $230,998,200 |
| 2004 | $224,726,800 |
| 2005 | $223,413,700 |
| 2006 | $165,700,500 |
| 2007 | $167,034,500 |
| 2008 | $175,470,900 |
| 2009 | $172,000,500 |
| 2010 | $196,867,900 |
| 2011 | $260,733,700 |
Gross capital formation (current LCU)
The value for Gross capital formation (current LCU) in Eritrea was 4,008,780,000 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 4,008,780,000 in 2011 and a minimum value of 170,800,000 in 1992.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1992 | 170,800,000 |
| 1993 | 415,800,000 |
| 1994 | 823,300,000 |
| 1995 | 833,700,000 |
| 1996 | 1,216,300,000 |
| 1997 | 1,546,100,000 |
| 1998 | 1,772,061,000 |
| 1999 | 2,556,304,000 |
| 2000 | 1,495,520,000 |
| 2001 | 3,000,295,000 |
| 2002 | 3,008,085,000 |
| 2003 | 3,205,770,000 |
| 2004 | 3,098,420,000 |
| 2005 | 3,433,399,000 |
| 2006 | 2,547,645,000 |
| 2007 | 2,568,155,000 |
| 2008 | 2,697,864,000 |
| 2009 | 2,644,507,000 |
| 2010 | 3,026,843,000 |
| 2011 | 4,008,780,000 |
Gross capital formation (annual % growth)
The value for Gross capital formation (annual % growth) in Eritrea was 466.89 as of 2011. As the graph below shows, over the past 18 years this indicator reached a maximum value of 466.89 in 2011 and a minimum value of -40.04 in 2006.
Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1993 | 65.69 |
| 1994 | 67.99 |
| 1995 | -8.33 |
| 1996 | 39.72 |
| 1997 | 20.23 |
| 1998 | 11.42 |
| 1999 | 4.65 |
| 2000 | -17.15 |
| 2001 | 73.98 |
| 2002 | -16.88 |
| 2003 | -3.35 |
| 2004 | -17.87 |
| 2005 | -11.35 |
| 2006 | -40.04 |
| 2007 | -12.11 |
| 2008 | -5.65 |
| 2009 | -13.03 |
| 2010 | 7.45 |
| 2011 | 466.89 |
Gross capital formation (constant LCU)
The value for Gross capital formation (constant LCU) in Eritrea was 4,008,780,000 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 4,008,780,000 in 2011 and a minimum value of 361,181,300 in 1992.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1992 | 361,181,300 |
| 1993 | 598,444,400 |
| 1994 | 1,005,302,000 |
| 1995 | 921,562,100 |
| 1996 | 1,287,607,000 |
| 1997 | 1,548,131,000 |
| 1998 | 1,724,915,000 |
| 1999 | 1,805,060,000 |
| 2000 | 1,495,520,000 |
| 2001 | 2,601,850,000 |
| 2002 | 2,162,671,000 |
| 2003 | 2,090,256,000 |
| 2004 | 1,716,685,000 |
| 2005 | 1,521,796,000 |
| 2006 | 912,519,600 |
| 2007 | 802,019,700 |
| 2008 | 756,688,500 |
| 2009 | 658,121,400 |
| 2010 | 707,154,800 |
| 2011 | 4,008,780,000 |
Gross capital formation (% of GDP)
Gross capital formation (% of GDP) in Eritrea was 12.63 as of 2011. Its highest value over the past 19 years was 45.51 in 1999, while its lowest value was 7.81 in 1992.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1992 | 7.81 |
| 1993 | 17.00 |
| 1994 | 25.14 |
| 1995 | 22.54 |
| 1996 | 27.59 |
| 1997 | 31.28 |
| 1998 | 32.29 |
| 1999 | 45.51 |
| 2000 | 22.00 |
| 2001 | 35.26 |
| 2002 | 29.55 |
| 2003 | 26.54 |
| 2004 | 20.26 |
| 2005 | 20.34 |
| 2006 | 13.68 |
| 2007 | 12.67 |
| 2008 | 12.71 |
| 2009 | 9.26 |
| 2010 | 12.39 |
| 2011 | 12.63 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
