General government final consumption expenditure in Eritrea
Eritrea: General government final consumption expenditure was 549.64 million current US$ in 2011. ▲ Rising
General government final consumption expenditure in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for general government final consumption expenditure in Eritrea is 549.64 million current US$, measured in 2011. That is the highest value across all 20 years on record.
The figure is up 8.7% on the previous year and up 71.3% over ten years.
Over the whole period, general government final consumption expenditure in Eritrea peaked at 549.64 million current US$ in 2011 and was at its lowest, 103.86 million current US$, in 1992.
Eritrea ranks 168th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 244.53 million current US$ | 103.86 million current US$ | 428.05 million current US$ | 8 |
| 2000s | 358.48 million current US$ | 289.23 million current US$ | 406.04 million current US$ | 10 |
| 2010s | 527.60 million current US$ | 505.57 million current US$ | 549.64 million current US$ | 2 |
Countries ranked near Eritrea
- 165 Papua New Guinea 601.42 million current US$ compare
- 166 Seychelles 598.42 million current US$ compare
- 167 Suriname 582.06 million current US$ compare
- 169 Belize 510.74 million current US$ compare
- 170 Sierra Leone 443.90 million current US$ compare
- 171 Curacao 441.06 million current US$ 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 general government final consumption expenditure in Eritrea?
- General government final consumption expenditure in Eritrea was 549.64 million current US$ 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 549.64 million current US$ in 2011.
- What is the lowest general government final consumption expenditure recorded in Eritrea?
- The lowest recorded value was 103.86 million current US$ in 1992.
- How does Eritrea rank for general government final consumption expenditure?
- Eritrea ranks 168th 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 71.3%. 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 General government final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.