Adjusted savings: education expenditure in Eritrea
Eritrea: Adjusted savings: education expenditure was 35.11 million current US$ in 2011. ▲ Rising
Adjusted savings: education expenditure in Eritrea, 1992–2011
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Eritrea is 35.11 million current US$, measured in 2011. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 30.0% on the previous year and up 102.3% over ten years.
Over the whole period, adjusted savings: education expenditure in Eritrea peaked at 35.11 million current US$ in 2011 and was at its lowest, 7.11 million current US$, in 1992.
That places Eritrea 181st out of 195 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Adjusted savings: education expenditure in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 7.11 million current US$ | — |
| 1993 | 8.42 million current US$ | +18.4% |
| 1994 | 9.57 million current US$ | +13.7% |
| 1995 | 14.05 million current US$ | +46.8% |
| 1996 | 10.97 million current US$ | -21.9% |
| 1997 | 9.29 million current US$ | -15.4% |
| 1998 | 23.99 million current US$ | +158.3% |
| 1999 | 25.23 million current US$ | +5.1% |
| 2000 | 21.01 million current US$ | -16.7% |
| 2001 | 17.35 million current US$ | -17.4% |
| 2002 | 10.17 million current US$ | -41.4% |
| 2003 | 18.93 million current US$ | +86.1% |
| 2004 | 24.72 million current US$ | +30.6% |
| 2005 | 21.67 million current US$ | -12.3% |
| 2006 | 20.68 million current US$ | -4.6% |
| 2007 | 22.54 million current US$ | +9.0% |
| 2008 | 23.54 million current US$ | +4.4% |
| 2009 | 31.66 million current US$ | +34.5% |
| 2010 | 27.00 million current US$ | -14.7% |
| 2011 | 35.11 million current US$ | +30.0% |
Eritrea compared with similar countries
- Eritrea's 35.11 million current US$ is below the median for low income countries, which is 289.22 million current US$, 12% of the median. (24 countries reporting)
- Eritrea's 35.11 million current US$ is below the median for Sub-Saharan Africa, which is 506.89 million current US$, 7% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.58 million current US$ | 7.11 million current US$ | 25.23 million current US$ | 8 |
| 2000s | 21.23 million current US$ | 10.17 million current US$ | 31.66 million current US$ | 10 |
| 2010s | 31.06 million current US$ | 27.00 million current US$ | 35.11 million current US$ | 2 |
Countries ranked near Eritrea
- 178 Grenada 39.63 million current US$ compare
- 179 Marshall Islands 37.41 million current US$ compare
- 180 Samoa 35.13 million current US$ compare
- 182 Comoros 32.98 million current US$ compare
- 183 Antigua and Barbuda 32.73 million current US$ compare
- 184 Central African Republic 30.91 million current US$ compare
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is adjusted savings: education expenditure in Eritrea?
- Adjusted savings: education expenditure in Eritrea was 35.11 million current US$ in 2011, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Eritrea?
- The highest recorded value was 35.11 million current US$ in 2011.
- What is the lowest adjusted savings: education expenditure recorded in Eritrea?
- The lowest recorded value was 7.11 million current US$ in 1992.
- How does Eritrea rank for adjusted savings: education expenditure?
- Eritrea ranks 181st out of 195 countries with data for 2011.
- Is adjusted savings: education expenditure rising or falling in Eritrea?
- Over the last ten years it is up 102.3%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. 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.