Eritrea ER: GDP: Growth: Gross Fixed Capital Formation

Eritrea ER: GDP: Growth: Gross Fixed Capital Formation data was reported at 14.572 % in 2011. This records an increase from the previous number of 7.451 % for 2010. Eritrea ER: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging -3.348 % from Dec 1993 to 2011, with 19 observations. The data reached an all-time high of 73.976 % in 2001 and a record low of -40.037 % in 2006. Eritrea ER: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Eritrea – Table ER.World Bank: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

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