Eritrea ER: GDP: Gross Capital Formation

1992 - 2011 | Yearly | ERN mn | World Bank

Eritrea ER: GDP: Gross Capital Formation data was reported at 4,008.780 ERN mn in 2011. This records an increase from the previous number of 3,026.843 ERN mn for 2010. Eritrea ER: GDP: Gross Capital Formation data is updated yearly, averaging 2,562.230 ERN mn from Dec 1992 to 2011, with 20 observations. The data reached an all-time high of 4,008.780 ERN mn in 2011 and a record low of 170.800 ERN mn in 1992. Eritrea ER: GDP: Gross 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: Nominal. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

View Eritrea's Eritrea ER: GDP: Gross Capital Formation from 1992 to 2011 in the chart:

Eritrea Eritrea ER: GDP: Gross Capital Formation

What was Eritrea's Eritrea ER: GDP: Gross Capital Formation in 2011?

Last Previous Min Max Unit Frequency Range
4,008.78 2011 3,026.84 2010 170.80 1992 4,008.78 2011 ERN mn yearly 1992 - 2011

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 2,448.280 2027 yearly 1992 - 2027
Forecast: Nominal GDP Per Capita (USD) 965.249 2028 yearly 1992 - 2028
Forecast: Real GDP Growth (%) 2.925 2028 yearly 1993 - 2028
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (ERN bn) 9.338 2019 yearly 1992 - 2019
Forecast: Government Net Debt (ERN bn) 77.796 2019 yearly 2000 - 2019
Forecast: Government Revenue (ERN bn) 10.150 2019 yearly 1992 - 2019
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 4.084 2028 yearly 1992 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.370 2028 yearly 1993 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 0.257 2019 yearly 1992 - 2019

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