GNI, Atlas method in Eritrea
Eritrea: GNI, Atlas method was 1.94 billion current US$ in 2011. ▲ Rising
GNI, Atlas method in Eritrea, 1994–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Eritrea recorded 1.94 billion current US$ for gni, atlas method in 2011. That is the highest value across all 18 years on record.
The figure is up 18.9% on the previous year and up 161.4% over ten years.
Over the whole period, gni, atlas method in Eritrea peaked at 1.94 billion current US$ in 2011 and was at its lowest, 600.48 million current US$, in 1995.
Eritrea ranks 188th of 207 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 665.06 million current US$ | 600.48 million current US$ | 723.78 million current US$ | 6 |
| 2000s | 1.02 billion current US$ | 696.07 million current US$ | 1.50 billion current US$ | 10 |
| 2010s | 1.79 billion current US$ | 1.63 billion current US$ | 1.94 billion current US$ | 2 |
Countries ranked near Eritrea
- 185 Antigua and Barbuda 2.24 billion current US$ compare
- 186 East Timor 2.14 billion current US$ compare
- 187 Greenland 1.97 billion current US$ compare
- 189 San Marino 1.83 billion current US$ compare
- 190 Comoros 1.72 billion current US$ compare
- 191 Turks and Caicos Islands 1.71 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 gni, atlas method in Eritrea?
- Gni, atlas method in Eritrea was 1.94 billion current US$ in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni, atlas method recorded in Eritrea?
- The highest recorded value was 1.94 billion current US$ in 2011.
- What is the lowest gni, atlas method recorded in Eritrea?
- The lowest recorded value was 600.48 million current US$ in 1995.
- How does Eritrea rank for gni, atlas method?
- Eritrea ranks 188th out of 207 countries with data for 2011.
- Is gni, atlas method rising or falling in Eritrea?
- Over the last ten years it is up 161.4%. 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 GNI, Atlas method (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This figure is converted to U.S. dollars using the World Bank Atlas method. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. 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.