Adjusted savings: natural resources depletion in Eritrea
Eritrea: Adjusted savings: natural resources depletion was 19.0% in 2011. ◆ Volatile
Adjusted savings: natural resources depletion in Eritrea, 1993–2011
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Eritrea recorded 19.0% for adjusted savings: natural resources depletion in 2011. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 65,510.7% on the previous year and up 346.8% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Eritrea peaked at 19.0% in 2011 and was at its lowest, 0.0%, in 2009.
That places Eritrea 11th out of 184 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.
Adjusted savings: natural resources depletion in Eritrea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1993 | 5.4% | — |
| 1994 | 6.1% | +12.5% |
| 1995 | 8.7% | +44.3% |
| 1996 | 7.8% | -11.0% |
| 1997 | 7.7% | -0.9% |
| 1998 | 7.6% | -1.7% |
| 1999 | 4.9% | -35.9% |
| 2000 | 4.9% | +0.8% |
| 2001 | 4.3% | -13.2% |
| 2002 | 2.6% | -38.5% |
| 2003 | 3.8% | +45.7% |
| 2004 | 2.9% | -23.9% |
| 2005 | 3.2% | +11.0% |
| 2006 | 2.3% | -27.6% |
| 2007 | 2.5% | +5.7% |
| 2008 | 1.6% | -35.7% |
| 2009 | 0.0% | -99.3% |
| 2010 | 0.0% | +163.3% |
| 2011 | 19.0% | +65510.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.9% | 4.9% | 8.7% | 7 |
| 2000s | 2.8% | 0.0% | 4.9% | 10 |
| 2010s | 9.5% | 0.0% | 19.0% | 2 |
Countries ranked near Eritrea
- 8 Equatorial Guinea 21.3% compare
- 9 Zambia 21.0% compare
- 10 Papua New Guinea 20.6% compare
- 12 Azerbaijan 16.2% compare
- 13 Brunei Darussalam 16.1% compare
- 14 Mali 15.5% 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)
- Gross capital formation (current US$), annual growth rate 32.44 % change on previous year (2011)
- Gross capital formation (current US$), per unit of GDP 0.1263 current US$ per US$ of GDP (2011)
- Gross capital formation (current US$), per capita 86.96 current US$ per person (2011)
- Gross capital formation (current LCU), annual growth rate 32.44 % change on previous year (2011)
- Gross capital formation (current LCU), per unit of GDP 1.94 current LCU per US$ of GDP (2011)
- Gross capital formation (current LCU), per capita 1,337 current LCU per person (2011)
- Imports of goods and services (current US$), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current US$), per unit of GDP 0.2924 current US$ per US$ of GDP (2011)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Eritrea?
- Adjusted savings: natural resources depletion in Eritrea was 19.0% in 2011, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Eritrea?
- The highest recorded value was 19.0% in 2011.
- What is the lowest adjusted savings: natural resources depletion recorded in Eritrea?
- The lowest recorded value was 0.0% in 2009.
- How does Eritrea rank for adjusted savings: natural resources depletion?
- Eritrea ranks 11th out of 184 countries with data for 2011.
- Is adjusted savings: natural resources depletion rising or falling in Eritrea?
- Over the last ten years it is up 346.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.