GDP in Eritrea
Eritrea: GDP was 2.25 billion constant 2015 US$ in 2011. ▲ Rising
GDP in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2011, gdp in Eritrea stood at 2.25 billion constant 2015 US$. That is the highest value across all 20 years on record.
The figure is up 8.7% on the previous year and up 9.1% over ten years.
Over the whole period, gdp in Eritrea peaked at 2.25 billion constant 2015 US$ in 2011 and was at its lowest, 1.15 billion constant 2015 US$, in 1992.
Eritrea ranks 184th of 211 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.66 billion constant 2015 US$ | 1.15 billion constant 2015 US$ | 1.96 billion constant 2015 US$ | 8 |
| 2000s | 2.07 billion constant 2015 US$ | 1.90 billion constant 2015 US$ | 2.16 billion constant 2015 US$ | 10 |
| 2010s | 2.16 billion constant 2015 US$ | 2.07 billion constant 2015 US$ | 2.25 billion constant 2015 US$ | 2 |
Countries ranked near Eritrea
- 181 Turks and Caicos Islands 2.66 billion constant 2015 US$ compare
- 182 Cape Verde 2.48 billion constant 2015 US$ compare
- 183 Lesotho 2.41 billion constant 2015 US$ compare
- 185 Gambia 2.22 billion constant 2015 US$ compare
- 186 Saint Lucia 2.18 billion constant 2015 US$ compare
- 187 Central African Republic 2.17 billion constant 2015 US$ compare
More economy & growth data for Eritrea
- Exports of goods and services 575.7% (2011)
- Gross national expenditure 43.63 billion current LCU (2011)
- Industry (including construction), value added 21.8% (2009)
- 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)
- Industry (including construction), value added -0.2% (2009)
- Gross fixed capital formation 260.73 million current US$ (2011)
- Industry (including construction), value added 6.23 billion current LCU (2009)
- Gross national expenditure 2.84 billion current US$ (2011)
Frequently asked questions
- What is gdp in Eritrea?
- Gdp in Eritrea was 2.25 billion constant 2015 US$ in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Eritrea?
- The highest recorded value was 2.25 billion constant 2015 US$ in 2011.
- What is the lowest gdp recorded in Eritrea?
- The lowest recorded value was 1.15 billion constant 2015 US$ in 1992.
- How does Eritrea rank for gdp?
- Eritrea ranks 184th out of 211 countries with data for 2011.
- Is gdp rising or falling in Eritrea?
- Over the last ten years it is up 9.1%. 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 Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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 is 2015. This indicator is expressed in United States dollars.