Gross national expenditure in Eritrea
Eritrea: Gross national expenditure was 2.84 billion current US$ in 2011. ▲ Rising
Gross national expenditure in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Eritrea recorded 2.84 billion current US$ for gross national expenditure in 2011. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 13.1% on the previous year and up 150.7% over ten years.
Over the whole period, gross national expenditure in Eritrea peaked at 2.84 billion current US$ in 2011 and was at its lowest, 637.07 million current US$, in 1992.
That places Eritrea 172nd out of 185 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 959.33 million current US$ | 637.07 million current US$ | 1.23 billion current US$ | 8 |
| 2000s | 1.51 billion current US$ | 1.05 billion current US$ | 2.21 billion current US$ | 10 |
| 2010s | 2.67 billion current US$ | 2.51 billion current US$ | 2.84 billion current US$ | 2 |
Countries ranked near Eritrea
- 169 East Timor 3.25 billion current US$ compare
- 170 Belize 3.20 billion current US$ compare
- 171 Guinea-Bissau 2.86 billion current US$ compare
- 173 Seychelles 2.70 billion current US$ compare
- 174 Syria 2.34 billion current US$ compare
- 175 Comoros 2.22 billion current US$ 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 43.63 billion current LCU (2011)
Frequently asked questions
- What is gross national expenditure in Eritrea?
- Gross national expenditure in Eritrea was 2.84 billion current US$ 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 2.84 billion current US$ in 2011.
- What is the lowest gross national expenditure recorded in Eritrea?
- The lowest recorded value was 637.07 million current US$ in 1992.
- How does Eritrea rank for gross national expenditure?
- Eritrea ranks 172nd 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 150.7%. 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 Gross national expenditure (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.