Annual GDP growth (%) in Eritrea
Eritrea: Annual GDP growth (%) was 8.7% in 2011. ◆ Volatile
Latest (2011)
8.7%
Change on year
up 295.6%
World rank
7th
of 230 countries
All-time high
8.8%
in 2001
All-time low
-9.8%
in 2008
Years of data
12
2000–2011
Annual GDP growth in Eritrea, 2000–2011
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2011, annual gdp growth in Eritrea stood at 8.7%.
Compared with earlier readings it is up 295.6% on the previous year and down 0.9% over ten years.
Over the whole period, annual gdp growth in Eritrea peaked at 8.8% in 2001 and was at its lowest, -9.8%, in 2008.
Eritrea ranks 7th of 230 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Eritrea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.1% | — |
| 2001 | 8.8% | -378.7% |
| 2002 | 3.0% | -65.7% |
| 2003 | -2.7% | -188.4% |
| 2004 | 1.5% | -154.7% |
| 2005 | 2.6% | +77.3% |
| 2006 | -1.0% | -137.6% |
| 2007 | 1.4% | -247.2% |
| 2008 | -9.8% | -785.7% |
| 2009 | 3.9% | -139.6% |
| 2010 | 2.2% | -43.4% |
| 2011 | 8.7% | +295.6% |
Eritrea compared with similar countries
- Eritrea's 8.7% is above the median for low income countries, which is 4.1%, 2.1× the median. (23 countries reporting)
- Eritrea's 8.7% is above the median for Sub-Saharan Africa, which is 4.1%, 2.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | -9.8% | 8.8% | 10 |
| 2010s | 5.4% | 2.2% | 8.7% | 2 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Real gdp growth, annual growth rate -70.56 % change on previous year (2019)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Eritrea?
- Annual gdp growth in Eritrea was 8.7% in 2011, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Eritrea?
- The highest recorded value was 8.8% in 2001.
- What is the lowest annual gdp growth recorded in Eritrea?
- The lowest recorded value was -9.8% in 2008.
- How does Eritrea rank for annual gdp growth?
- Eritrea ranks 7th out of 230 countries with data for 2011.
- Is annual gdp growth rising or falling in Eritrea?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under UN SDG Global Database (open, attribution requested).