Gross national expenditure in Eritrea
Eritrea: Gross national expenditure was 43.63 billion current LCU in 2011. ◆ Volatile
Gross national expenditure in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2011, gross national expenditure in Eritrea stood at 43.63 billion current LCU. That is the highest value across all 20 years on record.
That represents a change of up 13.1% on the previous year and up 240.8% over ten years.
Over the whole period, gross national expenditure in Eritrea peaked at 43.63 billion current LCU in 2011 and was at its lowest, 2.92 billion current LCU, in 1992.
That places Eritrea 151st out of 185 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 | 6.39 billion current LCU | 2.92 billion current LCU | 9.95 billion current LCU | 8 |
| 2000s | 21.58 billion current LCU | 10.10 billion current LCU | 33.95 billion current LCU | 10 |
| 2010s | 41.11 billion current LCU | 38.59 billion current LCU | 43.63 billion current LCU | 2 |
Countries ranked near Eritrea
- 148 Luxembourg 61.63 billion current LCU compare
- 149 El Salvador 45.54 billion current LCU compare
- 150 Latvia 45.00 billion current LCU compare
- 152 Estonia 41.19 billion current LCU compare
- 153 Kuwait 40.70 billion current LCU compare
- 154 South Sudan 39.89 billion current LCU 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 2.84 billion current US$ (2011)
Frequently asked questions
- What is gross national expenditure in Eritrea?
- Gross national expenditure in Eritrea was 43.63 billion current 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 current LCU in 2011.
- What is the lowest gross national expenditure recorded in Eritrea?
- The lowest recorded value was 2.92 billion current LCU in 1992.
- How does Eritrea rank for gross national expenditure?
- Eritrea ranks 151st out of 185 countries with data for 2011.
- Is gross national expenditure rising or falling in Eritrea?
- Over the last ten years it is up 240.8%. 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 Gross national expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.