GDP Deflator — Value US$, 2015 prices, annual growth rate in Eritrea
Eritrea: GDP Deflator — Value US$, 2015 prices, annual growth rate was 1.26 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Eritrea, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices, annual growth rate in Eritrea is 1.26 % change on previous year, measured in 2024.
Compared with earlier readings it is up 117.7% on the previous year and down 20.4% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Eritrea peaked at 30.92 % change on previous year in 2004 and was at its lowest, -16.13 % change on previous year, in 1995.
Eritrea ranks 149th of 222 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 3.38 % change on previous year | — |
| 1992 | 2.28 % change on previous year | -32.6% |
| 1993 | 2.37 % change on previous year | +4.0% |
| 1994 | 10.63 % change on previous year | +348.7% |
| 1995 | -16.13 % change on previous year | -251.6% |
| 1996 | 14.34 % change on previous year | -188.9% |
| 1997 | -3.15 % change on previous year | -122.0% |
| 1998 | -5.19 % change on previous year | +64.8% |
| 1999 | -3.82 % change on previous year | -26.5% |
| 2000 | -11.17 % change on previous year | +192.4% |
| 2001 | 21.53 % change on previous year | -292.7% |
| 2002 | -10.87 % change on previous year | -150.5% |
| 2003 | 15.84 % change on previous year | -245.8% |
| 2004 | 30.92 % change on previous year | +95.2% |
| 2005 | -2.38 % change on previous year | -107.7% |
| 2006 | -13.83 % change on previous year | +482.2% |
| 2007 | 7.29 % change on previous year | -152.7% |
| 2008 | 12.29 % change on previous year | +68.6% |
| 2009 | 25.27 % change on previous year | +105.7% |
| 2010 | 10.58 % change on previous year | -58.1% |
| 2011 | 3.34 % change on previous year | -68.4% |
| 2012 | 7.17 % change on previous year | +114.5% |
| 2013 | -3.03 % change on previous year | -142.2% |
| 2014 | 1.58 % change on previous year | -152.3% |
| 2015 | -2.61 % change on previous year | -265.0% |
| 2016 | 0.542 % change on previous year | -120.7% |
| 2017 | -2.66 % change on previous year | -591.0% |
| 2018 | -6.8 % change on previous year | +155.7% |
| 2019 | -4.84 % change on previous year | -28.9% |
| 2020 | 7.15 % change on previous year | -247.7% |
| 2021 | 1.78 % change on previous year | -75.1% |
| 2022 | 5 % change on previous year | +181.3% |
| 2023 | -7.13 % change on previous year | -242.7% |
| 2024 | 1.26 % change on previous year | -117.7% |
Eritrea compared with similar countries
- Eritrea's 1.26 % change on previous year is below the median for low income countries, which is 3.82 % change on previous year, 33% of the median. (22 countries reporting)
- Eritrea's 1.26 % change on previous year is below the median for Sub-Saharan Africa, which is 2.93 % change on previous year, 43% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5239 % change on previous year | -16.13 % change on previous year | 14.34 % change on previous year | 9 |
| 2000s | 7.49 % change on previous year | -13.83 % change on previous year | 30.92 % change on previous year | 10 |
| 2010s | 0.3282 % change on previous year | -6.8 % change on previous year | 10.58 % change on previous year | 10 |
| 2020s | 1.61 % change on previous year | -7.13 % change on previous year | 7.15 % change on previous year | 5 |
Countries ranked near Eritrea
- 146 Grenada 1.35 % change on previous year compare
- 147 Kiribati 1.33 % change on previous year compare
- 148 Melanesia 1.33 % change on previous year compare
- 150 Democratic People's Republic of Korea 1.12 % change on previous year compare
- 151 Armenia 1.1 % change on previous year compare
- 152 Ethiopia PDR 1.04 % change on previous year
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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Eritrea?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Eritrea was 1.26 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Eritrea?
- The highest recorded value was 30.92 % change on previous year in 2004.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Eritrea?
- The lowest recorded value was -16.13 % change on previous year in 1995.
- How does Eritrea rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Eritrea ranks 149th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Eritrea?
- Over the last ten years it is down 20.4%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, 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 GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
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 Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.