External balance on goods and services (current US$), annual growth in Eritrea
Eritrea: External balance on goods and services (current US$), annual growth was 41.74 % change on previous year in 2011. ◆ Volatile
External balance on goods and services (current US$), annual growth in Eritrea, 1993–2011
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Eritrea recorded 41.74 % change on previous year for external balance on goods and services (current us$), annual growth in 2011. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 451.9% on the previous year and up 490.0% over ten years.
Over the whole period, external balance on goods and services (current us$), annual growth in Eritrea peaked at 41.74 % change on previous year in 2011 and was at its lowest, -52.2 % change on previous year, in 1994.
Eritrea ranks 27th of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$), annual growth in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | -19.76 % change on previous year | — |
| 1994 | -52.2 % change on previous year | +164.2% |
| 1995 | -20.02 % change on previous year | -61.7% |
| 1996 | -15.24 % change on previous year | -23.9% |
| 1997 | 4.36 % change on previous year | -128.6% |
| 1998 | -26.14 % change on previous year | -699.4% |
| 1999 | -9.3 % change on previous year | -64.4% |
| 2000 | 35.52 % change on previous year | -481.8% |
| 2001 | -10.7 % change on previous year | -130.1% |
| 2002 | -1.89 % change on previous year | -82.3% |
| 2003 | -37.54 % change on previous year | +1883.9% |
| 2004 | -12.63 % change on previous year | -66.4% |
| 2005 | 10.58 % change on previous year | -183.7% |
| 2006 | 28.87 % change on previous year | +173.0% |
| 2007 | 20.39 % change on previous year | -29.4% |
| 2008 | 1.25 % change on previous year | -93.9% |
| 2009 | -17.24 % change on previous year | -1478.1% |
| 2010 | -11.86 % change on previous year | -31.2% |
| 2011 | 41.74 % change on previous year | -451.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -19.76 % change on previous year | -52.2 % change on previous year | 4.36 % change on previous year | 7 |
| 2000s | 1.66 % change on previous year | -37.54 % change on previous year | 35.52 % change on previous year | 10 |
| 2010s | 14.94 % change on previous year | -11.86 % change on previous year | 41.74 % change on previous year | 2 |
Countries ranked near Eritrea
- 24 Lao People's Democratic Republic 46.54 % change on previous year compare
- 25 Aruba 44.62 % change on previous year compare
- 26 Japan 42.2 % change on previous year compare
- 28 Djibouti 41.14 % change on previous year
- 29 San Marino 40.69 % change on previous year
- 30 Tanzania, United Republic of 38.14 % change on previous year compare
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)
- External balance on goods and services (current LCU), annual growth 41.74 % change on previous year (2011)
- Agriculture, forestry, and fishing, value added (current LCU), annual 13.26 % change on previous year (2009)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.17 current LCU per US$ of GDP (2009)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,396 current LCU per person (2009)
- Agriculture, forestry, and fishing, value added (constant LCU) 3.6 % change on previous year (2009)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.5145 constant LCU per US$ of GDP (2009)
- Agriculture, forestry, and fishing, value added (constant LCU), per 330.81 constant LCU per person (2009)
- Manufacturing, value added (current US$), per unit of GDP 0.0549 current US$ per US$ of GDP (2009)
Frequently asked questions
- What is external balance on goods and services (current us$), annual growth in Eritrea?
- External balance on goods and services (current us$), annual growth in Eritrea was 41.74 % change on previous year in 2011, according to Statizoid (derived).
- What is the highest external balance on goods and services (current us$), annual growth recorded in Eritrea?
- The highest recorded value was 41.74 % change on previous year in 2011.
- What is the lowest external balance on goods and services (current us$), annual growth recorded in Eritrea?
- The lowest recorded value was -52.2 % change on previous year in 1994.
- How does Eritrea rank for external balance on goods and services (current us$), annual growth?
- Eritrea ranks 27th out of 192 countries with data for 2011.
- Is external balance on goods and services (current us$), annual growth rising or falling in Eritrea?
- Over the last ten years it is up 490.0%. 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 External balance on goods and services (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
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 External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.