Final consumption expenditure in Eritrea
Eritrea: Final consumption expenditure was 39.62 billion constant LCU in 2011. ◆ Volatile
Final consumption expenditure in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2011, final consumption expenditure in Eritrea stood at 39.62 billion constant LCU. That is the highest value across all 20 years on record.
The figure is up 393.6% on the previous year and up 362.6% over ten years.
Over the whole period, final consumption expenditure in Eritrea peaked at 39.62 billion constant LCU in 2011 and was at its lowest, 6.36 billion constant LCU, in 1992.
That places Eritrea 142nd out of 176 countries with data for 2011, putting it in the bottom 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 |
|---|---|---|---|---|
| 1990s | 8.42 billion constant LCU | 6.36 billion constant LCU | 10.25 billion constant LCU | 8 |
| 2000s | 8.84 billion constant LCU | 7.32 billion constant LCU | 10.47 billion constant LCU | 10 |
| 2010s | 23.82 billion constant LCU | 8.03 billion constant LCU | 39.62 billion constant LCU | 2 |
Countries ranked near Eritrea
- 139 Slovenia 39.94 billion constant LCU compare
- 140 Luxembourg 39.81 billion constant LCU compare
- 141 Bosnia and Herzegovina 39.80 billion constant LCU compare
- 143 Lesotho 29.29 billion constant LCU compare
- 144 El Salvador 28.21 billion constant LCU compare
- 145 Seychelles 27.51 billion constant LCU compare
More economy & growth data for Eritrea
- Exports of goods and services 18.2% (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)
- Inflation, GDP deflator 19.5% (2011)
- Gross fixed capital formation 260.73 million current US$ (2011)
- Gross fixed capital formation 466.9% (2011)
- Gross fixed capital formation 4.01 billion current LCU (2011)
- GDP deflator 100 base year varies by country (2011)
Frequently asked questions
- What is final consumption expenditure in Eritrea?
- Final consumption expenditure in Eritrea was 39.62 billion constant LCU 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 39.62 billion constant LCU in 2011.
- What is the lowest final consumption expenditure recorded in Eritrea?
- The lowest recorded value was 6.36 billion constant LCU in 1992.
- How does Eritrea rank for final consumption expenditure?
- Eritrea ranks 142nd out of 176 countries with data for 2011.
- Is final consumption expenditure rising or falling in Eritrea?
- Over the last ten years it is up 362.6%. 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 (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.