GDP in Eritrea
Eritrea: GDP was 2.06 billion current US$ in 2011. ▲ Rising
GDP in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Eritrea recorded 2.06 billion current US$ for gdp in 2011. That is the highest value across all 20 years on record.
The figure is up 29.9% on the previous year and up 174.5% over ten years.
Over the whole period, gdp in Eritrea peaked at 2.06 billion current US$ in 2011 and was at its lowest, 467.87 million current US$, in 1993.
Eritrea ranks 191st of 213 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 608.64 million current US$ | 467.87 million current US$ | 745.52 million current US$ | 8 |
| 2000s | 1.10 billion current US$ | 706.37 million current US$ | 1.86 billion current US$ | 10 |
| 2010s | 1.83 billion current US$ | 1.59 billion current US$ | 2.06 billion current US$ | 2 |
Countries ranked near Eritrea
- 188 Guinea-Bissau 2.53 billion current US$ compare
- 189 Seychelles 2.39 billion current US$ compare
- 190 Antigua and Barbuda 2.34 billion current US$ compare
- 192 San Marino 2.03 billion current US$ compare
- 193 East Timor 1.90 billion current US$ compare
- 194 Sint Maarten (Dutch part) 1.89 billion current 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 2.06 billion current 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 2.06 billion current US$ in 2011.
- What is the lowest gdp recorded in Eritrea?
- The lowest recorded value was 467.87 million current US$ in 1993.
- How does Eritrea rank for gdp?
- Eritrea ranks 191st out of 213 countries with data for 2011.
- Is gdp rising or falling in Eritrea?
- Over the last ten years it is up 174.5%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.