Gross national expenditure in Eritrea
Eritrea: Gross national expenditure was 43.63 billion constant LCU in 2011. ◆ Volatile
Gross national expenditure in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross national expenditure in Eritrea is 43.63 billion constant LCU, measured in 2011. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 399.5% on the previous year and up 290.7% over ten years.
Over the whole period, gross national expenditure in Eritrea peaked at 43.63 billion constant LCU in 2011 and was at its lowest, 6.72 billion constant LCU, in 1992.
Eritrea ranks 135th of 168 countries on this measure, 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 | 9.58 billion constant LCU | 6.72 billion constant LCU | 12.06 billion constant LCU | 8 |
| 2000s | 10.31 billion constant LCU | 8.07 billion constant LCU | 12.22 billion constant LCU | 10 |
| 2010s | 26.18 billion constant LCU | 8.73 billion constant LCU | 43.63 billion constant LCU | 2 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Exports of goods and services 18.2% (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)
- Inflation, GDP deflator 19.5% (2011)
- Gross fixed capital formation 260.73 million current US$ (2011)
- Gross fixed capital formation 466.9% (2011)
- Gross fixed capital formation 4.01 billion current LCU (2011)
- Gross national expenditure 43.63 billion current LCU (2011)
Frequently asked questions
- What is gross national expenditure in Eritrea?
- Gross national expenditure in Eritrea was 43.63 billion constant LCU in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Eritrea?
- The highest recorded value was 43.63 billion constant LCU in 2011.
- What is the lowest gross national expenditure recorded in Eritrea?
- The lowest recorded value was 6.72 billion constant LCU in 1992.
- How does Eritrea rank for gross national expenditure?
- Eritrea ranks 135th out of 168 countries with data for 2011.
- Is gross national expenditure rising or falling in Eritrea?
- Over the last ten years it is up 290.7%. 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 national expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.