Adjusted savings: mineral depletion in Eritrea
Eritrea: Adjusted savings: mineral depletion was 406.57 million current US$ in 2021. ◆ Volatile
Adjusted savings: mineral depletion in Eritrea, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: mineral depletion in Eritrea stood at 406.57 million current US$. That is the highest value across all 52 years on record.
The figure is up 1,030.3% on the previous year and up 4.8% over ten years.
Over the whole period, adjusted savings: mineral depletion in Eritrea peaked at 406.57 million current US$ in 2021 and was at its lowest, 0 current US$, in 1970.
Eritrea ranks 48th of 217 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 1980s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 1990s | 293,456 current US$ | 0 current US$ | 1.05 million current US$ | 10 |
| 2000s | 123,478 current US$ | 0 current US$ | 397,616 current US$ | 10 |
| 2010s | 122.83 million current US$ | 0 current US$ | 387.87 million current US$ | 10 |
| 2020s | 221.27 million current US$ | 35.97 million current US$ | 406.57 million current US$ | 2 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Industry (including construction), value added 21.8% (2009)
- Inflation, GDP deflator 19.5% (2011)
- Gross national expenditure 137.4% (2011)
- Exports of goods and services 374.90 million current US$ (2011)
- Exports of goods and services 5.76 billion current LCU (2011)
- Exports of goods and services 575.7% (2011)
- Industry (including construction), value added -0.2% (2009)
- Gross fixed capital formation 4.01 billion current LCU (2011)
- Gross fixed capital formation 260.73 million current US$ (2011)
- Gross national expenditure 43.63 billion current LCU (2011)
Frequently asked questions
- What is adjusted savings: mineral depletion in Eritrea?
- Adjusted savings: mineral depletion in Eritrea was 406.57 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: mineral depletion recorded in Eritrea?
- The highest recorded value was 406.57 million current US$ in 2021.
- What is the lowest adjusted savings: mineral depletion recorded in Eritrea?
- The lowest recorded value was 0 current US$ in 1970.
- How does Eritrea rank for adjusted savings: mineral depletion?
- Eritrea ranks 48th out of 217 countries with data for 2021.
- Is adjusted savings: mineral depletion rising or falling in Eritrea?
- Over the last ten years it is up 4.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: mineral depletion (current US$). Statizoid updates them automatically from the source API.
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About this data
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.