GDP (current LCU), annual growth rate in Eritrea
Eritrea: GDP (current LCU), annual growth rate was 29.91 % change on previous year in 2011. ◆ Volatile
GDP (current LCU), annual growth rate in Eritrea, 1993–2011
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2011, gdp (current lcu), annual growth rate in Eritrea stood at 29.91 % change on previous year.
That represents a change of up 307.9% on the previous year and up 18.9% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Eritrea peaked at 34.52 % change on previous year in 2009 and was at its lowest, -14.39 % change on previous year, in 2010.
That places Eritrea 12th out of 212 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 (current LCU), annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 11.89 % change on previous year | — |
| 1994 | 33.87 % change on previous year | +184.9% |
| 1995 | 12.95 % change on previous year | -61.8% |
| 1996 | 19.17 % change on previous year | +48.1% |
| 1997 | 12.11 % change on previous year | -36.8% |
| 1998 | 11.04 % change on previous year | -8.8% |
| 1999 | 2.33 % change on previous year | -78.9% |
| 2000 | 21.05 % change on previous year | +802.6% |
| 2001 | 25.15 % change on previous year | +19.5% |
| 2002 | 19.64 % change on previous year | -21.9% |
| 2003 | 18.64 % change on previous year | -5.1% |
| 2004 | 26.61 % change on previous year | +42.8% |
| 2005 | 10.39 % change on previous year | -60.9% |
| 2006 | 10.31 % change on previous year | -0.8% |
| 2007 | 8.82 % change on previous year | -14.5% |
| 2008 | 4.72 % change on previous year | -46.5% |
| 2009 | 34.52 % change on previous year | +631.4% |
| 2010 | -14.39 % change on previous year | -141.7% |
| 2011 | 29.91 % change on previous year | -307.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.77 % change on previous year | 2.33 % change on previous year | 33.87 % change on previous year | 7 |
| 2000s | 17.99 % change on previous year | 4.72 % change on previous year | 34.52 % change on previous year | 10 |
| 2010s | 7.76 % change on previous year | -14.39 % change on previous year | 29.91 % change on previous year | 2 |
Countries ranked near Eritrea
- 9 Cuba 30.82 % change on previous year compare
- 10 Haiti 30.75 % change on previous year compare
- 11 Egypt 30.45 % change on previous year compare
- 13 Ethiopia 28.09 % change on previous year compare
- 14 Iran, Islamic Republic of 25.14 % change on previous year compare
- 15 Kyrgyzstan 24.87 % 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 (current US$), annual growth rate 29.91 % change on previous year (2011)
- GDP (current US$), per capita 688.68 current US$ per person (2011)
- GDP (current LCU), per unit of GDP 15.38 current LCU per US$ of GDP (2011)
- GDP (current LCU), per capita 10,588 current LCU per person (2011)
- 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), annual growth rate 8.68 % change on previous year (2011)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Eritrea?
- Gdp (current lcu), annual growth rate in Eritrea was 29.91 % change on previous year in 2011, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Eritrea?
- The highest recorded value was 34.52 % change on previous year in 2009.
- What is the lowest gdp (current lcu), annual growth rate recorded in Eritrea?
- The lowest recorded value was -14.39 % change on previous year in 2010.
- How does Eritrea rank for gdp (current lcu), annual growth rate?
- Eritrea ranks 12th out of 212 countries with data for 2011.
- Is gdp (current lcu), annual growth rate rising or falling in Eritrea?
- Over the last ten years it is up 18.9%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in GDP (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.