Eritrea - Gross fixed capital formation (current US$)

The latest value for Gross fixed 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 fixed capital formation (formerly gross domestic fixed investment) includes 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. 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

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts