Africa's Development Dynamics (AfDD) Table 16 - Public finances in Eritrea
Eritrea: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 31.26 Percentage of GDP in 2019. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Eritrea, 2000–2019
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for africa's development dynamics (afdd) table 16 - public finances in Eritrea is 31.26 Percentage of GDP, measured in 2019.
Compared with earlier readings it is up 18.6% on the previous year and down 30.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Eritrea peaked at 84.75 Percentage of GDP in 2000 and was at its lowest, 21.6 Percentage of GDP, in 2014.
That places Eritrea 66th out of 166 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Eritrea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 84.75 Percentage of GDP | — |
| 2001 | 59.53 Percentage of GDP | -29.8% |
| 2002 | 60.07 Percentage of GDP | +0.9% |
| 2003 | 58.14 Percentage of GDP | -3.2% |
| 2004 | 57.05 Percentage of GDP | -1.9% |
| 2005 | 76.57 Percentage of GDP | +34.2% |
| 2006 | 50.47 Percentage of GDP | -34.1% |
| 2007 | 51.2 Percentage of GDP | +1.4% |
| 2008 | 69.39 Percentage of GDP | +35.5% |
| 2009 | 44.94 Percentage of GDP | -35.2% |
| 2010 | 42.44 Percentage of GDP | -5.5% |
| 2011 | 32.25 Percentage of GDP | -24.0% |
| 2012 | 33.32 Percentage of GDP | +3.3% |
| 2013 | 32.73 Percentage of GDP | -1.8% |
| 2014 | 21.6 Percentage of GDP | -34.0% |
| 2015 | 31.08 Percentage of GDP | +43.9% |
| 2016 | 30.94 Percentage of GDP | -0.5% |
| 2017 | 42.49 Percentage of GDP | +37.4% |
| 2018 | 26.36 Percentage of GDP | -38.0% |
| 2019 | 31.26 Percentage of GDP | +18.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 61.21 Percentage of GDP | 44.94 Percentage of GDP | 84.75 Percentage of GDP | 10 |
| 2010s | 32.45 Percentage of GDP | 21.6 Percentage of GDP | 42.49 Percentage of GDP | 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)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- Gross value added at basic prices (GVA) (current US$), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9721 current US$ per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current US$), per capita 625.02 current US$ per person (2009)
- Gross value added at basic prices (GVA) (current LCU), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 14.95 current LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current LCU), per capita 9,610 current LCU per person (2009)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.29 % change on previous year (2009)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 3.86 constant LCU per US$ of GDP (2009)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Eritrea?
- Africa's development dynamics (afdd) table 16 - public finances in Eritrea was 31.26 Percentage of GDP in 2019, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Eritrea?
- The highest recorded value was 84.75 Percentage of GDP in 2000.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Eritrea?
- The lowest recorded value was 21.6 Percentage of GDP in 2014.
- How does Eritrea rank for africa's development dynamics (afdd) table 16 - public finances?
- Eritrea ranks 66th out of 166 countries with data for 2019.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Eritrea?
- Over the last ten years it is down 30.4%. The long-run trend across the full record is falling.
- 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 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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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 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.