Annual gdp growth in Eritrea
Eritrea: Annual gdp growth was 8.68 in 2011. ◆ Volatile
Latest (2011)
8.68
Change on year
up 296.3%
World rank
7th
of 212 countries
All-time high
8.76
in 2001
All-time low
-9.78
in 2008
Years of data
12
2000–2011
Annual gdp growth in Eritrea, 2000–2011
Source: Our World in Data.
Analysis
In 2011, annual gdp growth in Eritrea stood at 8.68.
That represents a change of up 296.3% on the previous year and down 0.9% over ten years.
Over the whole period, annual gdp growth in Eritrea peaked at 8.76 in 2001 and was at its lowest, -9.78, in 2008.
Eritrea ranks 7th of 212 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 | Value | Change |
|---|---|---|
| 2000 | -3.14 | — |
| 2001 | 8.76 | -379.0% |
| 2002 | 3.01 | -65.6% |
| 2003 | -2.66 | -188.4% |
| 2004 | 1.45 | -154.5% |
| 2005 | 2.57 | +77.2% |
| 2006 | -0.97 | -137.7% |
| 2007 | 1.43 | -247.4% |
| 2008 | -9.78 | -783.9% |
| 2009 | 3.88 | -139.7% |
| 2010 | 2.19 | -43.6% |
| 2011 | 8.68 | +296.3% |
Eritrea compared with similar countries
- Eritrea's 8.68 is above the median for low income countries, which is 4.18, 2.1× the median. (24 countries reporting)
- Eritrea's 8.68 is above the median for Sub-Saharan Africa, which is 4.18, 2.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.455 | -9.78 | 8.76 | 10 |
| 2010s | 5.43 | 2.19 | 8.68 | 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 8.68 in 2011, according to Our World in Data.
- What is the highest annual gdp growth recorded in Eritrea?
- The highest recorded value was 8.76 in 2001.
- What is the lowest annual gdp growth recorded in Eritrea?
- The lowest recorded value was -9.78 in 2008.
- How does Eritrea rank for annual gdp growth?
- Eritrea ranks 7th out of 212 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 Our World in Data, 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 CC BY 4.0 (Our World in Data).