Price level index in Eritrea
Eritrea: Price level index was 32.76 GDP in 2021. ▲ Rising
Price level index in Eritrea, 1992–2021
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
Eritrea recorded 32.76 GDP for price level index in 2021.
Compared with earlier readings it is down 1.5% on the previous year and down 17.1% over ten years.
Over the whole period, price level index in Eritrea peaked at 41.47 GDP in 2012 and was at its lowest, 17.91 GDP, in 2002.
That places Eritrea 166th out of 203 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.89 GDP | 19.49 GDP | 23.18 GDP | 8 |
| 2000s | 25.68 GDP | 17.91 GDP | 40.78 GDP | 10 |
| 2010s | 36.81 GDP | 31.12 GDP | 41.47 GDP | 10 |
| 2020s | 33.01 GDP | 32.76 GDP | 33.26 GDP | 2 |
Countries ranked near Eritrea
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 price level index in Eritrea?
- Price level index in Eritrea was 32.76 GDP in 2021, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Eritrea?
- The highest recorded value was 41.47 GDP in 2012.
- What is the lowest price level index recorded in Eritrea?
- The lowest recorded value was 17.91 GDP in 2002.
- How does Eritrea rank for price level index?
- Eritrea ranks 166th out of 203 countries with data for 2021.
- Is price level index rising or falling in Eritrea?
- Over the last ten years it is down 17.1%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.