Final consumption expenditure in Eritrea
Eritrea: Final consumption expenditure was 124.8% in 2011. ▼ Falling
Final consumption expenditure in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2011, final consumption expenditure in Eritrea stood at 124.8%.
That represents a change of down 14.2% on the previous year and up 8.3% over ten years.
Over the whole period, final consumption expenditure in Eritrea peaked at 145.5% in 2010 and was at its lowest, 109.0%, in 2008.
That places Eritrea 8th out of 187 countries with data for 2011, putting it in the top 10%.
The long-run direction has been consistently falling across the 20 years of available data.
Final consumption expenditure in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 125.7% | — |
| 1993 | 124.4% | -1.0% |
| 1994 | 130.0% | +4.5% |
| 1995 | 138.3% | +6.4% |
| 1996 | 130.6% | -5.6% |
| 1997 | 124.9% | -4.3% |
| 1998 | 133.0% | +6.5% |
| 1999 | 131.7% | -1.0% |
| 2000 | 126.5% | -3.9% |
| 2001 | 115.2% | -9.0% |
| 2002 | 123.5% | +7.2% |
| 2003 | 134.6% | +9.0% |
| 2004 | 133.8% | -0.6% |
| 2005 | 128.4% | -4.0% |
| 2006 | 117.8% | -8.3% |
| 2007 | 110.3% | -6.3% |
| 2008 | 109.0% | -1.2% |
| 2009 | 109.7% | +0.6% |
| 2010 | 145.5% | +32.7% |
| 2011 | 124.8% | -14.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 129.8% | 124.4% | 138.3% | 8 |
| 2000s | 120.9% | 109.0% | 134.6% | 10 |
| 2010s | 135.2% | 124.8% | 145.5% | 2 |
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 value added at basic prices (GVA) (current LCU), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 14.95 current LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current LCU), per capita 9,610 current LCU per person (2009)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.29 % change on previous year (2009)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 3.86 constant LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (constant LCU), per capita 2,480 constant LCU per person (2009)
- GDP (current US$), annual growth rate 29.91 % change on previous year (2011)
- GDP (current US$), per capita 688.68 current US$ per person (2011)
Frequently asked questions
- What is final consumption expenditure in Eritrea?
- Final consumption expenditure in Eritrea was 124.8% 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 145.5% in 2010.
- What is the lowest final consumption expenditure recorded in Eritrea?
- The lowest recorded value was 109.0% in 2008.
- How does Eritrea rank for final consumption expenditure?
- Eritrea ranks 8th out of 187 countries with data for 2011.
- Is final consumption expenditure rising or falling in Eritrea?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.