Adjusted savings: net national savings in Eritrea
Eritrea: Adjusted savings: net national savings was 6.3% in 2000. ◆ Volatile
Adjusted savings: net national savings in Eritrea, 1992–2000
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Eritrea is 6.3%, measured in 2000.
That represents a change of down 23.6% on the previous year and down 89.8% over ten years.
Over the whole period, adjusted savings: net national savings in Eritrea peaked at 61.0% in 1992 and was at its lowest, -2.7%, in 1998.
That places Eritrea 111th out of 177 countries with data for 2000, putting it in the middle of the range.
Adjusted savings: net national savings in Eritrea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1992 | 61.0% | — |
| 1993 | 33.1% | -45.7% |
| 1994 | 46.4% | +40.0% |
| 1995 | 10.0% | -78.4% |
| 1996 | 9.7% | -3.5% |
| 1997 | 25.5% | +163.9% |
| 1998 | -2.7% | -110.5% |
| 1999 | 8.2% | -404.4% |
| 2000 | 6.3% | -23.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.9% | -2.7% | 61.0% | 8 |
| 2000s | 6.3% | 6.3% | 6.3% | 1 |
Countries ranked near Eritrea
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)
- 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)
- Imports of goods and services (current US$), per capita 201.36 current US$ per person (2011)
- Imports of goods and services (current LCU), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current LCU), per unit of GDP 4.5 current LCU per US$ of GDP (2011)
- Imports of goods and services (current LCU), per capita 3,096 current LCU per person (2011)
- External balance on goods and services (current US$), annual growth 41.74 % change on previous year (2011)
- External balance on goods and services (current LCU), annual growth 41.74 % change on previous year (2011)
Frequently asked questions
- What is adjusted savings: net national savings in Eritrea?
- Adjusted savings: net national savings in Eritrea was 6.3% in 2000, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Eritrea?
- The highest recorded value was 61.0% in 1992.
- What is the lowest adjusted savings: net national savings recorded in Eritrea?
- The lowest recorded value was -2.7% in 1998.
- How does Eritrea rank for adjusted savings: net national savings?
- Eritrea ranks 111th out of 177 countries with data for 2000.
- Is adjusted savings: net national savings rising or falling in Eritrea?
- Over the last ten years it is down 89.8%. 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: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.