Inflation, GDP deflator in Eritrea
Eritrea: Inflation, GDP deflator was 19.5% in 2011. ◆ Volatile
Inflation, GDP deflator in Eritrea, 1993–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Eritrea is 19.5%, measured in 2011.
Compared with earlier readings it is up 220.4% on the previous year and up 29.6% over ten years.
Over the whole period, inflation, gdp deflator in Eritrea peaked at 29.5% in 2009 and was at its lowest, -16.2%, in 2010.
That places Eritrea 15th out of 213 countries with data for 2011, putting it in the top 10%.
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 | 6.2% | -1.4% | 10.4% | 7 |
| 2000s | 17.5% | 7.3% | 29.5% | 10 |
| 2010s | 1.7% | -16.2% | 19.5% | 2 |
Countries ranked near Eritrea
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 inflation, gdp deflator in Eritrea?
- Inflation, gdp deflator in Eritrea was 19.5% in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Eritrea?
- The highest recorded value was 29.5% in 2009.
- What is the lowest inflation, gdp deflator recorded in Eritrea?
- The lowest recorded value was -16.2% in 2010.
- How does Eritrea rank for inflation, gdp deflator?
- Eritrea ranks 15th out of 213 countries with data for 2011.
- Is inflation, gdp deflator rising or falling in Eritrea?
- Over the last ten years it is up 29.6%. 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 Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.