Annual growth rate of real GDP per capita in Eritrea
Eritrea: Annual growth rate of real GDP per capita was 1.0% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Eritrea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth rate of real gdp per capita in Eritrea stood at 1.0%.
The figure is down 96.7% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Eritrea peaked at 30.1% in 2014 and was at its lowest, -21.5%, in 2008.
Eritrea ranks 148th of 226 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Eritrea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -1.3% | — |
| 2001 | -14.8% | +1038.5% |
| 2002 | 5.1% | -134.5% |
| 2003 | -1.2% | -123.5% |
| 2004 | -6.6% | +450.0% |
| 2005 | -0.9% | -86.4% |
| 2006 | -2.5% | +177.8% |
| 2007 | 0.0% | -100.0% |
| 2008 | -21.5% | — |
| 2009 | 9.4% | -143.7% |
| 2010 | 8.7% | -7.4% |
| 2011 | 23.5% | +170.1% |
| 2012 | 0.6% | -97.4% |
| 2013 | -11.5% | -2016.7% |
| 2014 | 30.1% | -361.7% |
| 2015 | -20.9% | -169.4% |
| 2016 | 6.7% | -132.1% |
| 2017 | -10.7% | -259.7% |
| 2018 | 11.5% | -207.5% |
| 2019 | 2.3% | -80.0% |
| 2020 | -2.1% | -191.3% |
| 2021 | 1.1% | -152.4% |
| 2022 | 0.8% | -27.3% |
| 2023 | 1.0% | +25.0% |
| 2024 | 1.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.4% | -21.5% | 9.4% | 10 |
| 2010s | 4.0% | -20.9% | 30.1% | 10 |
| 2020s | 0.4% | -2.1% | 1.1% | 5 |
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 capital formation (current US$), annual growth rate 32.44 % change on previous year (2011)
- Gross capital formation (current US$), per unit of GDP 0.1263 current US$ per US$ of GDP (2011)
- Gross capital formation (current US$), per capita 86.96 current US$ per person (2011)
- Gross capital formation (current LCU), annual growth rate 32.44 % change on previous year (2011)
- Gross capital formation (current LCU), per unit of GDP 1.94 current LCU per US$ of GDP (2011)
- Gross capital formation (current LCU), per capita 1,337 current LCU per person (2011)
- 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)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Eritrea?
- Annual growth rate of real gdp per capita in Eritrea was 1.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Eritrea?
- The highest recorded value was 30.1% in 2014.
- What is the lowest annual growth rate of real gdp per capita recorded in Eritrea?
- The lowest recorded value was -21.5% in 2008.
- How does Eritrea rank for annual growth rate of real gdp per capita?
- Eritrea ranks 148th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Eritrea?
- Over the last ten years it is down 96.7%. 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 growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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