Current account balance (BoP, current US$), annual growth rate in Eritrea
Eritrea: Current account balance (BoP, current US$), annual growth rate was 49.87 % change on previous year in 2000. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Eritrea, 1993–2000
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Eritrea recorded 49.87 % change on previous year for current account balance (bop, current us$), annual growth rate in 2000.
That represents a change of up 73.9% on the previous year and up 216.1% over ten years.
That places Eritrea 37th out of 198 countries with data for 2000, putting it in the top quarter.
Current account balance (BoP, current US$), annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | -42.96 % change on previous year | — |
| 1994 | 15.28 % change on previous year | -135.6% |
| 1995 | -125.46 % change on previous year | -920.8% |
| 1996 | -89.86 % change on previous year | -28.4% |
| 1997 | 108.31 % change on previous year | -220.5% |
| 1999 | 28.68 % change on previous year | -73.5% |
| 2000 | 49.87 % change on previous year | +73.9% |
Eritrea compared with similar countries
- Eritrea's 49.87 % change on previous year is above the median for low income countries, which is 9.73 % change on previous year, 5.1× the median. (23 countries reporting)
- Eritrea's 49.87 % change on previous year is above the median for Sub-Saharan Africa, which is -1.03 % change on previous year. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -17.67 % change on previous year | -125.46 % change on previous year | 108.31 % change on previous year | 6 |
| 2000s | 49.87 % change on previous year | 49.87 % change on previous year | 49.87 % change on previous year | 1 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Eritrea?
- Current account balance (bop, current us$), annual growth rate in Eritrea was 49.87 % change on previous year in 2000, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Eritrea?
- The highest recorded value was 108.31 % change on previous year in 1997.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Eritrea?
- The lowest recorded value was -125.46 % change on previous year in 1995.
- How does Eritrea rank for current account balance (bop, current us$), annual growth rate?
- Eritrea ranks 37th out of 198 countries with data for 2000.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Eritrea?
- Over the last ten years it is up 216.1%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.