General government final consumption expenditure in Eritrea
Eritrea: General government final consumption expenditure was 8.45 billion constant LCU in 2011. ◆ Volatile
General government final consumption expenditure in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Eritrea recorded 8.45 billion constant LCU for general government final consumption expenditure in 2011. That is the highest value across all 20 years on record.
The figure is up 244.5% on the previous year and up 169.4% over ten years.
Over the whole period, general government final consumption expenditure in Eritrea peaked at 8.45 billion constant LCU in 2011 and was at its lowest, 737.43 million constant LCU, in 1992.
Eritrea ranks 140th of 175 countries on this measure, 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 | 2.10 billion constant LCU | 737.43 million constant LCU | 4.30 billion constant LCU | 8 |
| 2000s | 2.70 billion constant LCU | 1.89 billion constant LCU | 3.73 billion constant LCU | 10 |
| 2010s | 5.45 billion constant LCU | 2.45 billion constant LCU | 8.45 billion constant LCU | 2 |
Countries ranked near Eritrea
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 general government final consumption expenditure in Eritrea?
- General government final consumption expenditure in Eritrea was 8.45 billion constant LCU in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Eritrea?
- The highest recorded value was 8.45 billion constant LCU in 2011.
- What is the lowest general government final consumption expenditure recorded in Eritrea?
- The lowest recorded value was 737.43 million constant LCU in 1992.
- How does Eritrea rank for general government final consumption expenditure?
- Eritrea ranks 140th out of 175 countries with data for 2011.
- Is general government final consumption expenditure rising or falling in Eritrea?
- Over the last ten years it is up 169.4%. 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 General government 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.