Final consumption expenditure in Eritrea
Eritrea: Final consumption expenditure was 2.58 billion current US$ in 2011. ▲ Rising
Final consumption expenditure in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in Eritrea is 2.58 billion current US$, measured in 2011. That is the highest value across all 20 years on record.
That represents a change of up 11.4% on the previous year and up 197.3% over ten years.
Over the whole period, final consumption expenditure in Eritrea peaked at 2.58 billion current US$ in 2011 and was at its lowest, 582.12 million current US$, in 1993.
That places Eritrea 168th out of 187 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 791.69 million current US$ | 582.12 million current US$ | 991.34 million current US$ | 8 |
| 2000s | 1.31 billion current US$ | 866.64 million current US$ | 2.04 billion current US$ | 10 |
| 2010s | 2.44 billion current US$ | 2.31 billion current US$ | 2.58 billion 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 final consumption expenditure in Eritrea?
- Final consumption expenditure in Eritrea was 2.58 billion current US$ in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Eritrea?
- The highest recorded value was 2.58 billion current US$ in 2011.
- What is the lowest final consumption expenditure recorded in Eritrea?
- The lowest recorded value was 582.12 million current US$ in 1993.
- How does Eritrea rank for final consumption expenditure?
- Eritrea ranks 168th out of 187 countries with data for 2011.
- Is final consumption expenditure rising or falling in Eritrea?
- Over the last ten years it is up 197.3%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.