GDP (constant LCU), annual growth rate in Eritrea
Eritrea: GDP (constant LCU), annual growth rate was 8.68 % change on previous year in 2011. ◆ Volatile
GDP (constant LCU), annual growth rate in Eritrea, 1993–2011
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant lcu), annual growth rate in Eritrea is 8.68 % change on previous year, measured in 2011.
Compared with earlier readings it is up 295.6% on the previous year and down 0.9% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Eritrea peaked at 21.22 % change on previous year in 1994 and was at its lowest, -9.78 % change on previous year, in 2008.
That places Eritrea 8th out of 213 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 13.45 % change on previous year | — |
| 1994 | 21.22 % change on previous year | +57.7% |
| 1995 | 2.86 % change on previous year | -86.5% |
| 1996 | 9.26 % change on previous year | +223.9% |
| 1997 | 7.91 % change on previous year | -14.6% |
| 1998 | 1.77 % change on previous year | -77.6% |
| 1999 | 0.0134 % change on previous year | -99.2% |
| 2000 | -3.14 % change on previous year | -23559.1% |
| 2001 | 8.76 % change on previous year | -378.7% |
| 2002 | 3.01 % change on previous year | -65.7% |
| 2003 | -2.66 % change on previous year | -188.4% |
| 2004 | 1.45 % change on previous year | -154.7% |
| 2005 | 2.57 % change on previous year | +77.3% |
| 2006 | -0.9691 % change on previous year | -137.6% |
| 2007 | 1.43 % change on previous year | -247.2% |
| 2008 | -9.78 % change on previous year | -785.7% |
| 2009 | 3.88 % change on previous year | -139.6% |
| 2010 | 2.19 % change on previous year | -43.4% |
| 2011 | 8.68 % change on previous year | +295.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.07 % change on previous year | 0.0134 % change on previous year | 21.22 % change on previous year | 7 |
| 2000s | 0.4541 % change on previous year | -9.78 % change on previous year | 8.76 % change on previous year | 10 |
| 2010s | 5.44 % change on previous year | 2.19 % change on previous year | 8.68 % change on previous year | 2 |
Countries ranked near Eritrea
- 5 Kyrgyzstan 11.1 % change on previous year compare
- 6 Ethiopia 9.77 % change on previous year compare
- 7 Rwanda 9.38 % change on previous year compare
- 9 Monaco 8.51 % change on previous year compare
- 10 Tajikistan 8.4 % change on previous year compare
- 11 Zimbabwe 8.11 % 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)
- GDP (constant 2015 US$), annual growth rate 8.68 % change on previous year (2011)
- GDP (constant 2015 US$), per unit of GDP 1.09 constant 2015 US$ per US$ of GDP (2011)
- GDP (constant 2015 US$), per capita 751.38 constant 2015 US$ per person (2011)
- GDP (constant LCU), per unit of GDP 15.38 constant LCU per US$ of GDP (2011)
- GDP (constant LCU), per capita 10,588 constant LCU per person (2011)
- Gross domestic savings (current US$), annual growth rate 29.25 % change on previous year (2011)
- Gross domestic savings (current US$), per unit of GDP -0.2479 current US$ per US$ of GDP (2011)
- Gross domestic savings (current US$), per capita -170.72 current US$ per person (2011)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Eritrea?
- Gdp (constant lcu), annual growth rate in Eritrea was 8.68 % change on previous year in 2011, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Eritrea?
- The highest recorded value was 21.22 % change on previous year in 1994.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Eritrea?
- The lowest recorded value was -9.78 % change on previous year in 2008.
- How does Eritrea rank for gdp (constant lcu), annual growth rate?
- Eritrea ranks 8th out of 213 countries with data for 2011.
- Is gdp (constant lcu), annual growth rate rising or falling in Eritrea?
- Over the last ten years it is down 0.9%. 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 GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP 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 GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.