Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Eritrea
Eritrea: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 3.84 Percent per annum in 2019. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Eritrea, 1993–2019
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
Eritrea recorded 3.84 Percent per annum for africa's development dynamics (afdd) table 02 - annual real gdp in 2019.
That represents a change of down 70.6% on the previous year and down 68.5% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Eritrea peaked at 30.93 Percent per annum in 2014 and was at its lowest, -20.62 Percent per annum, in 2015.
That places Eritrea 56th out of 166 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Eritrea, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1993 | 12.88 Percent per annum | — |
| 1994 | 20.92 Percent per annum | +62.4% |
| 1995 | 2.32 Percent per annum | -88.9% |
| 1996 | 9.14 Percent per annum | +293.0% |
| 1997 | 7.9 Percent per annum | -13.5% |
| 1998 | 1.97 Percent per annum | -75.1% |
| 1999 | 0.1868 Percent per annum | -90.5% |
| 2000 | -12.35 Percent per annum | -6712.6% |
| 2001 | 8.76 Percent per annum | -170.9% |
| 2002 | 3.01 Percent per annum | -65.7% |
| 2003 | -2.66 Percent per annum | -188.4% |
| 2004 | 1.45 Percent per annum | -154.7% |
| 2005 | 2.57 Percent per annum | +77.3% |
| 2006 | -0.9692 Percent per annum | -137.6% |
| 2007 | 1.43 Percent per annum | -247.2% |
| 2008 | -19.44 Percent per annum | -1462.2% |
| 2009 | 12.18 Percent per annum | -162.7% |
| 2010 | 10.85 Percent per annum | -10.9% |
| 2011 | 25.71 Percent per annum | +136.9% |
| 2012 | 1.89 Percent per annum | -92.7% |
| 2013 | -10.46 Percent per annum | -654.4% |
| 2014 | 30.93 Percent per annum | -395.8% |
| 2015 | -20.62 Percent per annum | -166.7% |
| 2016 | 7.39 Percent per annum | -135.8% |
| 2017 | -10.01 Percent per annum | -235.5% |
| 2018 | 13.03 Percent per annum | -230.1% |
| 2019 | 3.84 Percent per annum | -70.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.9 Percent per annum | 0.1868 Percent per annum | 20.92 Percent per annum | 7 |
| 2000s | -0.6022 Percent per annum | -19.44 Percent per annum | 12.18 Percent per annum | 10 |
| 2010s | 5.25 Percent per annum | -20.62 Percent per annum | 30.93 Percent per annum | 10 |
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)
- Manufacturing, value added (constant LCU), per capita 125.2 constant LCU per person (2009)
- Industry (including construction), value added (current US$), annual 13.27 % change on previous year (2009)
- Industry (including construction), value added (current US$), per 0.2182 current US$ per US$ of GDP (2009)
- Industry (including construction), value added (current US$), per 140.28 current US$ per person (2009)
- Industry (including construction), value added (current LCU), annual 13.27 % change on previous year (2009)
- Industry (including construction), value added (current LCU), per 3.35 current LCU per US$ of GDP (2009)
- Industry (including construction), value added (current LCU), per 2,157 current LCU per person (2009)
- Industry (including construction), value added (constant LCU), annual -0.2424 % change on previous year (2009)
- Industry (including construction), value added (constant LCU), per 0.7138 constant LCU per US$ of GDP (2009)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Eritrea?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Eritrea was 3.84 Percent per annum in 2019, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Eritrea?
- The highest recorded value was 30.93 Percent per annum in 2014.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Eritrea?
- The lowest recorded value was -20.62 Percent per annum in 2015.
- How does Eritrea rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Eritrea ranks 56th out of 166 countries with data for 2019.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Eritrea?
- Over the last ten years it is down 68.5%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.