Gross domestic savings in Eritrea
Eritrea: Gross domestic savings was -511.89 million current US$ in 2011. ◆ Volatile
Gross domestic savings in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross domestic savings in Eritrea is -511.89 million current US$, measured in 2011.
Compared with earlier readings it is up 29.2% on the previous year and down 348.0% over ten years.
Over the whole period, gross domestic savings in Eritrea peaked at -114.24 million current US$ in 1993 and was at its lowest, -723.50 million current US$, in 2010.
That places Eritrea 174th out of 187 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -183.05 million current US$ | -245.81 million current US$ | -114.24 million current US$ | 8 |
| 2000s | -211.56 million current US$ | -374.38 million current US$ | -114.27 million current US$ | 10 |
| 2010s | -617.69 million current US$ | -723.50 million current US$ | -511.89 million current US$ | 2 |
Countries ranked near Eritrea
- 171 Haiti -226.44 million current US$ compare
- 172 Malawi -353.29 million current US$ compare
- 173 French Polynesia -361.30 million current US$ compare
- 175 Tajikistan -571.41 million current US$ compare
- 176 East Timor -824.73 million current US$ compare
- 177 Lesotho -854.22 million 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 gross domestic savings in Eritrea?
- Gross domestic savings in Eritrea was -511.89 million current US$ in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Eritrea?
- The highest recorded value was -114.24 million current US$ in 1993.
- What is the lowest gross domestic savings recorded in Eritrea?
- The lowest recorded value was -723.50 million current US$ in 2010.
- How does Eritrea rank for gross domestic savings?
- Eritrea ranks 174th out of 187 countries with data for 2011.
- Is gross domestic savings rising or falling in Eritrea?
- Over the last ten years it is down 348.0%. 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 Gross domestic savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.