Eritrea - Gross capital formation (current LCU)

Gross capital formation (current LCU) in Eritrea was at 4008780100 LCU, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 eritrea gross capital formation current lcu wb data




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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.


Eritrea | Economy & Growth

GDP (current US$)
2607739837 USD
GDP (current LCU)
40094000000 LCU
GDP (constant 2000 US$)
2300794306 USD
GDP (constant LCU)
8066000000 LCU
GNI (current US$)
2584193372 USD
GNI (current LCU)
39731973100 LCU
GNI (constant 2000 US$)
2282596777 USD
GNI (constant LCU)
8002754788 LCU