Trade as a share of GDP in Eritrea

Eritrea: Trade as a share of GDP was 47.4% in 2011. ▼ Falling

Latest (2011)
47.4%
Change on year
up 26.5%
World rank
155th
of 191 countries
All-time high
116.6%
in 1996
All-time low
28.0%
in 2009
Years of data
20
1992–2011

Trade as a share of GDP in Eritrea, 1992–2011

204060801001201992200120111992: 56.4 % of GDP1993: 102.1 % of GDP1994: 110.9 % of GDP1995: 105.3 % of GDP1996: 116.6 % of GDP1997: 115.4 % of GDP1998: 94.9 % of GDP1999: 96.3 % of GDP2000: 67.9 % of GDP2001: 72.1 % of GDP2002: 76.6 % of GDP2003: 74 % of GDP2004: 65.6 % of GDP2005: 61.1 % of GDP2006: 45.3 % of GDP2007: 34.6 % of GDP2008: 30.6 % of GDP2009: 28 % of GDP2010: 37.5 % of GDP2011: 47.4 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for trade as a share of gdp in Eritrea is 47.4%, measured in 2011.

Compared with earlier readings it is up 26.5% on the previous year and down 34.2% over ten years.

Over the whole period, trade as a share of gdp in Eritrea peaked at 116.6% in 1996 and was at its lowest, 28.0%, in 2009.

Eritrea ranks 155th of 191 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 99.7% 56.4% 116.6% 8
2000s 55.6% 28.0% 76.6% 10
2010s 42.4% 37.5% 47.4% 2

Countries ranked near Eritrea

  1. 152 Uruguay 49.7% compare
  2. 153 Sierra Leone 49.1% compare
  3. 154 Mali 48.8% compare
  4. 156 Bolivia 47.0% compare
  5. 157 Sao Tome and Principe 46.6% compare
  6. 158 Guatemala 46.5% compare

See the full ranking of 191 places →

More economy & growth data for Eritrea

All data for Eritrea →

Frequently asked questions

What is trade as a share of gdp in Eritrea?
Trade as a share of gdp in Eritrea was 47.4% in 2011, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest trade as a share of gdp recorded in Eritrea?
The highest recorded value was 116.6% in 1996.
What is the lowest trade as a share of gdp recorded in Eritrea?
The lowest recorded value was 28.0% in 2009.
How does Eritrea rank for trade as a share of gdp?
Eritrea ranks 155th out of 191 countries with data for 2011.
Is trade as a share of gdp rising or falling in Eritrea?
Over the last ten years it is down 34.2%. The long-run trend across the full record is falling.
Where does this Eritrea data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.