GNI growth in Eritrea
Eritrea: GNI growth was 7.9% in 2011. ◆ Volatile
GNI growth in Eritrea, 1993–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gni growth in Eritrea is 7.9%, measured in 2011.
Compared with earlier readings it is up 222.1% on the previous year and down 9.8% over ten years.
Over the whole period, gni growth in Eritrea peaked at 20.5% in 1994 and was at its lowest, -9.4%, in 2008.
Eritrea ranks 27th of 163 countries on this measure, in the top 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 | 7.3% | -0.3% | 20.5% | 7 |
| 2000s | 0.4% | -9.4% | 8.8% | 10 |
| 2010s | 5.2% | 2.5% | 7.9% | 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 gni growth in Eritrea?
- Gni growth in Eritrea was 7.9% in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Eritrea?
- The highest recorded value was 20.5% in 1994.
- What is the lowest gni growth recorded in Eritrea?
- The lowest recorded value was -9.4% in 2008.
- How does Eritrea rank for gni growth?
- Eritrea ranks 27th out of 163 countries with data for 2011.
- Is gni growth rising or falling in Eritrea?
- Over the last ten years it is down 9.8%. 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 GNI growth (annual %). Statizoid updates them automatically from the source API.
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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 indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.