Exports of goods and non-financial services, growth in Eritrea
Eritrea: Exports of goods and non-financial services, growth was -2.3% in 2007. ◆ Volatile
Exports of goods and non-financial services, growth in Eritrea, 1993–2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in %, constant LCU.
Analysis
Eritrea recorded -2.3% for exports of goods and non-financial services, growth in 2007.
That represents a change of down 102.3% on the previous year and down 165.9% over ten years.
Over the whole period, exports of goods and non-financial services, growth in Eritrea peaked at 69.9% in 1993 and was at its lowest, -40.0%, in 1998.
Eritrea ranks 41st of 47 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and non-financial services, growth in Eritrea, year by year
| Year | %, constant LCU | Change |
|---|---|---|
| 1993 | 69.9% | — |
| 1994 | -3.7% | -105.3% |
| 1995 | -16.4% | +341.8% |
| 1996 | 58.5% | -456.0% |
| 1997 | 3.4% | -94.1% |
| 1998 | -40.0% | -1264.8% |
| 1999 | -39.5% | -1.4% |
| 2000 | 42.1% | -206.5% |
| 2001 | 36.7% | -12.7% |
| 2002 | -2.9% | -107.9% |
| 2003 | -32.0% | +998.1% |
| 2004 | -7.4% | -77.0% |
| 2005 | -0.1% | -98.3% |
| 2006 | -1.1% | +801.1% |
| 2007 | -2.3% | +102.3% |
Eritrea compared with similar countries
- Eritrea's -2.3% is below the median for low income countries, which is 4.4%. (18 countries reporting)
- Eritrea's -2.3% is below the median for Sub-Saharan Africa, which is 6.4%. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.6% | -40.0% | 69.9% | 7 |
| 2000s | 4.1% | -32.0% | 42.1% | 8 |
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 exports of goods and non-financial services, growth in Eritrea?
- Exports of goods and non-financial services, growth in Eritrea was -2.3% in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest exports of goods and non-financial services, growth recorded in Eritrea?
- The highest recorded value was 69.9% in 1993.
- What is the lowest exports of goods and non-financial services, growth recorded in Eritrea?
- The lowest recorded value was -40.0% in 1998.
- How does Eritrea rank for exports of goods and non-financial services, growth?
- Eritrea ranks 41st out of 47 countries with data for 2007.
- Is exports of goods and non-financial services, growth rising or falling in Eritrea?
- Over the last ten years it is down 165.9%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Exports of goods and non-financial services, growth (%, constant LCU). Statizoid updates them automatically from the source API.
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About this data
"The annual rate of growth of exports of goods and non-financial services, as calculated from the constant local currency series. Exports of goods and services represent the value of all goods and other market services provided to or received from the rest of the world. Included is the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services. Data are in constant local currency. "