Statizoid

Azerbaijan vs Eritrea: Gross fixed capital formation, private sector

Azerbaijan
3.34 billion current LCU
in 2007
Eritrea
3.26 billion current LCU
in 2011
Azerbaijan rank
87th
Eritrea rank
88th

Gross fixed capital formation, private sector over time

  • Azerbaijan
  • Eritrea
01.0B2.0B3.0B4.0B5.0B199220012011

How they compare

Azerbaijan currently reports 3.34 billion current LCU against 3.26 billion current LCU in Eritrea, a difference of 73.36 million current LCU.

The two have swapped places 3 times across 15 shared years of data; in 1993 it was Eritrea ahead.

Globally, Azerbaijan ranks 87th and Eritrea ranks 88th of 105 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation, private sector (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
105 places, 3,078 data points, 1960–2025
Last refreshed

Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.