Final consumption expenditure in Eritrea
Eritrea: Final consumption expenditure was 393.6% in 2011. ◆ Volatile
Final consumption expenditure in Eritrea, 1993–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for final consumption expenditure in Eritrea is 393.6%, measured in 2011. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 15,062.0% on the previous year and up 86,360.8% over ten years.
Over the whole period, final consumption expenditure in Eritrea peaked at 393.6% in 2011 and was at its lowest, -16.1%, in 2000.
Eritrea ranks 1st of 175 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.2% | 0.8% | 22.4% | 7 |
| 2000s | -2.3% | -16.1% | 9.6% | 10 |
| 2010s | 198.1% | 2.6% | 393.6% | 2 |
Countries ranked near Eritrea
- 2 Kyrgyzstan 20.8% compare
- 3 Iraq 15.3% compare
- 4 Tajikistan 15.0% compare
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 final consumption expenditure in Eritrea?
- Final consumption expenditure in Eritrea was 393.6% in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Eritrea?
- The highest recorded value was 393.6% in 2011.
- What is the lowest final consumption expenditure recorded in Eritrea?
- The lowest recorded value was -16.1% in 2000.
- How does Eritrea rank for final consumption expenditure?
- Eritrea ranks 1st out of 175 countries with data for 2011.
- Is final consumption expenditure rising or falling in Eritrea?
- Over the last ten years it is up 86,360.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.