Eritrea - Gross fixed capital formation (% of GDP)

Gross fixed 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 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.

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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts