GDP per capita, PPP in Eritrea
Eritrea: GDP per capita, PPP was 1,742 current international $ in 2011. ▲ Rising
GDP per capita, PPP in Eritrea, 1992–2011
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2011, gdp per capita, ppp in Eritrea stood at 1,742 current international $. That is the highest value across all 20 years on record.
The figure is up 9.0% on the previous year and up 3.5% over ten years.
Over the whole period, gdp per capita, ppp in Eritrea peaked at 1,742 current international $ in 2011 and was at its lowest, 1,021 current international $, in 1992.
That places Eritrea 198th out of 203 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 | 1,392 current international $ | 1,021 current international $ | 1,598 current international $ | 8 |
| 2000s | 1,639 current international $ | 1,547 current international $ | 1,727 current international $ | 10 |
| 2010s | 1,671 current international $ | 1,599 current international $ | 1,742 current international $ | 2 |
Countries ranked near Eritrea
- 195 Madagascar 1,952 current international $ compare
- 196 Democratic Republic of Congo 1,920 current international $ compare
- 197 Malawi 1,899 current international $ compare
- 199 Mozambique 1,698 current international $ compare
- 200 Somalia 1,643 current international $ compare
- 201 Central African Republic 1,314 current international $ 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 gdp per capita, ppp in Eritrea?
- Gdp per capita, ppp in Eritrea was 1,742 current international $ in 2011, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp per capita, ppp recorded in Eritrea?
- The highest recorded value was 1,742 current international $ in 2011.
- What is the lowest gdp per capita, ppp recorded in Eritrea?
- The lowest recorded value was 1,021 current international $ in 1992.
- How does Eritrea rank for gdp per capita, ppp?
- Eritrea ranks 198th out of 203 countries with data for 2011.
- Is gdp per capita, ppp rising or falling in Eritrea?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP per capita, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.