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Gross fixed capital formation in Eritrea

Fixed capital formation of Eritrea, 1994-2015

During 1994-2015 fixed capital formation of Eritrea in current prices grew by 0.21 billion US dollars (in 2.3 times) to 0.36 billion US dollars; change occurred by 0.10 billion US dollars by increasing of people by 2.1 million, as well as by 0.10 billion US dollars by increasing of fixed capital formation per capita by 19.2 US dollars. The average annual growth of fixed capital formation of Eritrea was 0.0098 billion US dollars or 4.0%. The average annual growth of fixed capital formation of Eritrea in constant prices was -0.92%. Share in the world reduced by 0.0005%. Share in Africa decreased by 0.093%. Minimal fixed capital formation was in 1995 (0.14 billion US dollars). Maximal fixed capital formation was in 2015 (0.36 billion US dollars).

During 1994-2015 fixed capital formation per capita in Eritrea rose by 19.2 US dollars (by 38.1%) to 69.7 US dollars. The average annual growth of fixed capital formation per capita in current prices was 0.92 US dollars or 1.6%.

Fixed capital formation of Eritrea, 1994

Fixed capital formation of Eritrea in 1994 was equal to 0.16 billion US dollars, ranked 170th in the world and was on par with fixed capital formation of Chad (0.16 bln. US dollars), fixed capital formation of Guinea-Bissau (0.16 bln. US dollars). Share of Eritrea in the world fixed capital formation was 0.0024%.

Fixed capital formation per capita in Eritrea in 1994 was equal to 50.4 US dollars, ranked 183rd in the world and was on par with fixed capital formation per capita in Georgia (53.9 US dollars), fixed capital formation per capita in Bangladesh (53.6 US dollars), fixed capital formation per capita in Viet Nam (53.4 US dollars), fixed capital formation per capita in Laos (53.4 US dollars), fixed capital formation per capita in Uganda (53.3 US dollars), fixed capital formation per capita in Mali (53.0 US dollars), fixed capital formation per capita in Burkina Faso (50.1 US dollars). Fixed capital formation per capita in Eritrea was less than fixed capital formation per capita in the World (1 158.1 US dollars) by 1 107.7 US dollars.

Comparison of fixed capital formation in Eritrea and the neighbors in 1994. Fixed capital formation of Eritrea was greater than fixed capital formation of Djibouti (0.1 billion US dollars), but was less than fixed capital formation of Sudan (1.3 billion US dollars), fixed capital formation of Ethiopia (0.9 billion US dollars). Fixed capital formation per capita in Eritrea was greater than fixed capital formation per capita in Sudan (43.4 US dollars), fixed capital formation per capita in Ethiopia (16.5 US dollars), but was less than fixed capital formation per capita in Djibouti (186.0 US dollars).

Comparison of fixed capital formation in Eritrea and leaders in 1994. Fixed capital formation of Eritrea was less than fixed capital formation of the United States (1 486.9 billion US dollars) in 9 348.1 times, fixed capital formation of Japan (1 448.1 billion US dollars) in 9 104.3 times, fixed capital formation of Germany (530.4 billion US dollars) in 3 334.5 times, fixed capital formation of China (199.4 billion US dollars) in 1 253.8 times, fixed capital formation of India (80.3 billion US dollars) in 504.8 times. Fixed capital formation per capita in Eritrea was less than fixed capital formation per capita in Japan (11 669.0 US dollars) in 231.4 times, fixed capital formation per capita in Germany (6 531.1 US dollars) in 129.5 times, fixed capital formation per capita in the United States (5 647.2 US dollars) in 112.0 times, fixed capital formation per capita in China (164.1 US dollars) in 3.3 times, fixed capital formation per capita in India (85.3 US dollars) by 69.1%.

Potential fixed capital formation of Eritrea in 1994. With fixed capital formation per capita at the level of Japan (11 669.0 US dollars), fixed capital formation of Eritrea would be 36.8 billion US dollars, it is in 231.4 times more than the actual level. With fixed capital formation per capita at the level of the World (1 158.1 US dollars), fixed capital formation of Eritrea would be 3.7 billion US dollars, it is in 23.0 times more than the actual level. With fixed capital formation per capita at the level of Djibouti (186.0 US dollars), as the best neighbor, fixed capital formation of Eritrea would be 0.59 billion US dollars, it is in 3.7 times more than the actual level. With fixed capital formation per capita at the level of Africa (137.5 US dollars), fixed capital formation of Eritrea would be 0.43 billion US dollars, it is in 2.7 times more than the actual level.

Fixed capital formation of Eritrea, 2015

Fixed capital formation of Eritrea in 2015 was equal to 0.36 billion US dollars, ranked 178th in the world and was on par with fixed capital formation of Saint Kitts and Nevis (0.36 bln. US dollars), fixed capital formation of Belize (0.34 bln. US dollars), fixed capital formation of Timor-Leste (0.34 bln. US dollars). Share of Eritrea in the world fixed capital formation was 0.0020%.

Fixed capital formation per capita in Eritrea in 2015 was 69.7 US dollars, ranked 202nd in the world and was on par with fixed capital formation per capita in Madagascar (66.5 US dollars), fixed capital formation per capita in Guinea-Bissau (65.9 US dollars). Fixed capital formation per capita in Eritrea was less than fixed capital formation per capita in the World (2 526.2 US dollars) by 2 456.6 US dollars.

Comparison of fixed capital formation in Eritrea and the neighbors in 2015. Fixed capital formation of Eritrea was less than fixed capital formation of Ethiopia (23.5 billion US dollars), fixed capital formation of Sudan (16.4 billion US dollars), fixed capital formation of Djibouti (0.8 billion US dollars). Fixed capital formation per capita in Eritrea was less than fixed capital formation per capita in Djibouti (896.5 US dollars), fixed capital formation per capita in Sudan (407.8 US dollars), fixed capital formation per capita in Ethiopia (236.9 US dollars).

Comparison of fixed capital formation in Eritrea and leaders in 2015. Fixed capital formation of Eritrea was less than fixed capital formation of China (4 848.8 billion US dollars) in 13 314.3 times, fixed capital formation of the United States (3 576.6 billion US dollars) in 9 821.0 times, fixed capital formation of Japan (1 026.9 billion US dollars) in 2 819.9 times, fixed capital formation of Germany (672.5 billion US dollars) in 1 846.6 times, fixed capital formation of India (648.4 billion US dollars) in 1 780.5 times. Fixed capital formation per capita in Eritrea was less than fixed capital formation per capita in the United States (11 115.4 US dollars) in 159.5 times, fixed capital formation per capita in Germany (8 334.7 US dollars) in 119.6 times, fixed capital formation per capita in Japan (8 113.5 US dollars) in 116.5 times, fixed capital formation per capita in China (3 523.7 US dollars) in 50.6 times, fixed capital formation per capita in India (494.5 US dollars) in 7.1 times.

Potential fixed capital formation of Eritrea in 2015. With fixed capital formation per capita at the level of the United States (11 115.4 US dollars), fixed capital formation of Eritrea would be 58.1 billion US dollars, it is in 159.5 times more than the actual level. With fixed capital formation per capita at the level of the World (2 526.2 US dollars), fixed capital formation of Eritrea would be 13.2 billion US dollars, it is in 36.3 times more than the actual level. With fixed capital formation per capita at the level of Djibouti (896.5 US dollars), as the best neighbor, fixed capital formation of Eritrea would be 4.7 billion US dollars, it is in 12.9 times more than the actual level. With fixed capital formation per capita at the level of Africa (424.9 US dollars), fixed capital formation of Eritrea would be 2.2 billion US dollars, it is in 6.1 times more than the actual level. With fixed capital formation per capita at the level of Eastern Africa (216.0 US dollars), fixed capital formation of Eritrea would be 1.1 billion US dollars, it is in 3.1 times more than the actual level.

Size of fixed capital formation in Eritrea

Gross fixed capital formation in Eritrea, bln. US dollars
Prices1994200020102015
current prices0.160.160.200.36
constant prices19940.160.230.0980.13
20050.120.180.0760.10
Picture. Eritrea: fixed capital formation

fixed capital formation in Eritrea and its neighbors, bln. $
Country1994200020102015
Ethiopia0.911.87.123.5
Sudan1.31.313.716.4
Djibouti0.120.0680.310.80
Eritrea0.160.160.200.36

fixed capital formation in Eritrea and leaders, bln. $
Country1994200020102015
China199.4405.02 744.84 848.8
United States1 486.92 369.52 691.13 576.6
Japan1 448.11 338.41 215.81 026.9
Germany530.4448.9667.1672.5
India80.3114.8588.1648.4
Eritrea0.160.160.200.36

Growth of fixed capital formation in Eritrea

Picture. Eritrea: fixed capital formation, growth Picture. Eritrea: fixed capital formation, growth

fixed capital formation per capita in Eritrea

Picture. Eritrea: fixed capital formation per capita Picture. Eritrea: fixed capital formation per capita

fixed capital formation per capita in Eritrea and its neighbors, $
Country1994200020102015
Djibouti186.093.7372.4896.5
Sudan43.436.6297.8407.8
Ethiopia16.526.981.0236.9
Eritrea50.444.041.969.7

fixed capital formation per capita in Eritrea and leaders, $
Country1994200020102015
United States5 647.28 375.78 684.411 115.4
Germany6 531.15 481.78 294.28 334.7
Japan11 669.010 646.69 549.38 113.5
China164.1319.02 046.93 523.7
India85.3109.0477.8494.5
Eritrea50.444.041.969.7

© Ivan Kushnir

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