Final consumption expenditure (current LCU) in Eritrea
Eritrea: Final consumption expenditure (current LCU) was 39.62 billion current LCU in 2011. ◆ Volatile
Final consumption expenditure in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2011, final consumption expenditure in Eritrea stood at 39.62 billion current LCU. That is the highest value across all 20 years on record.
The figure is up 11.4% on the previous year and up 304.2% over ten years.
Over the whole period, final consumption expenditure in Eritrea peaked at 39.62 billion current LCU in 2011 and was at its lowest, 2.75 billion current LCU, in 1992.
Eritrea ranks 151st of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU) in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 2.75 billion current LCU | — |
| 1993 | 3.04 billion current LCU | +10.7% |
| 1994 | 4.26 billion current LCU | +39.9% |
| 1995 | 5.11 billion current LCU | +20.1% |
| 1996 | 5.76 billion current LCU | +12.5% |
| 1997 | 6.17 billion current LCU | +7.3% |
| 1998 | 7.30 billion current LCU | +18.2% |
| 1999 | 7.40 billion current LCU | +1.3% |
| 2000 | 8.60 billion current LCU | +16.3% |
| 2001 | 9.80 billion current LCU | +13.9% |
| 2002 | 12.57 billion current LCU | +28.3% |
| 2003 | 16.25 billion current LCU | +29.3% |
| 2004 | 20.45 billion current LCU | +25.8% |
| 2005 | 21.68 billion current LCU | +6.0% |
| 2006 | 21.93 billion current LCU | +1.2% |
| 2007 | 22.36 billion current LCU | +1.9% |
| 2008 | 23.13 billion current LCU | +3.4% |
| 2009 | 31.30 billion current LCU | +35.3% |
| 2010 | 35.56 billion current LCU | +13.6% |
| 2011 | 39.62 billion current LCU | +11.4% |
Eritrea compared with similar countries
- Eritrea's 39.62 billion current LCU is below the median for low income countries, which is 12.88 trillion current LCU, 0% of the median. (23 countries reporting)
- Eritrea's 39.62 billion current LCU is below the median for Sub-Saharan Africa, which is 6.33 trillion current LCU, 1% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.22 billion current LCU | 2.75 billion current LCU | 7.40 billion current LCU | 8 |
| 2000s | 18.81 billion current LCU | 8.60 billion current LCU | 31.30 billion current LCU | 10 |
| 2010s | 37.59 billion current LCU | 35.56 billion current LCU | 39.62 billion current LCU | 2 |
Countries ranked near Eritrea
- 148 Slovenia 51.18 billion current LCU compare
- 149 Bosnia and Herzegovina 50.71 billion current LCU compare
- 150 Luxembourg 47.75 billion current LCU compare
- 152 South Sudan 37.40 billion current LCU
- 153 El Salvador 35.88 billion current LCU compare
- 154 Latvia 34.65 billion current LCU 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0118 units per US$ of GDP (2011)
Frequently asked questions
- What is final consumption expenditure in Eritrea?
- Final consumption expenditure in Eritrea was 39.62 billion current LCU in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Eritrea?
- The highest recorded value was 39.62 billion current LCU in 2011.
- What is the lowest final consumption expenditure recorded in Eritrea?
- The lowest recorded value was 2.75 billion current LCU in 1992.
- How does Eritrea rank for final consumption expenditure?
- Eritrea ranks 151st out of 188 countries with data for 2011.
- Is final consumption expenditure rising or falling in Eritrea?
- Over the last ten years it is up 304.2%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.