General government final consumption expenditure in Eritrea
Eritrea: General government final consumption expenditure was 8.45 billion current 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 current LCU.
Analysis
Eritrea recorded 8.45 billion current LCU for general government final consumption expenditure in 2011. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 8.7% on the previous year and up 132.9% over ten years.
Over the whole period, general government final consumption expenditure in Eritrea peaked at 8.45 billion current LCU in 2011 and was at its lowest, 476.00 million current LCU, in 1992.
That places Eritrea 156th out of 186 countries with data for 2011, putting it 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 | 1.67 billion current LCU | 476.00 million current LCU | 3.49 billion current LCU | 8 |
| 2000s | 4.99 billion current LCU | 3.63 billion current LCU | 5.95 billion current LCU | 10 |
| 2010s | 8.11 billion current LCU | 7.77 billion current LCU | 8.45 billion current LCU | 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 general government final consumption expenditure in Eritrea?
- General government final consumption expenditure in Eritrea was 8.45 billion current 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 current LCU in 2011.
- What is the lowest general government final consumption expenditure recorded in Eritrea?
- The lowest recorded value was 476.00 million current LCU in 1992.
- How does Eritrea rank for general government final consumption expenditure?
- Eritrea ranks 156th out of 186 countries with data for 2011.
- Is general government final consumption expenditure rising or falling in Eritrea?
- Over the last ten years it is up 132.9%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.