GDP per capita growth in Eritrea
Eritrea: GDP per capita growth was 6.7% in 2011. ◆ Volatile
GDP per capita growth in Eritrea, 1993–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2011, gdp per capita growth in Eritrea stood at 6.7%.
That represents a change of up 3,177.0% on the previous year and up 18.5% over ten years.
Over the whole period, gdp per capita growth in Eritrea peaked at 17.6% in 1994 and was at its lowest, -12.1%, in 2008.
That places Eritrea 12th 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 per capita growth in Eritrea, year by year
| Year | annual % | Change |
|---|---|---|
| 1993 | 10.0% | — |
| 1994 | 17.6% | +76.3% |
| 1995 | -2.8% | -115.9% |
| 1996 | 4.0% | -241.6% |
| 1997 | 6.7% | +69.7% |
| 1998 | 0.5% | -93.3% |
| 1999 | -1.4% | -420.3% |
| 2000 | -4.6% | +218.7% |
| 2001 | 5.7% | -223.3% |
| 2002 | -0.5% | -108.4% |
| 2003 | -6.6% | +1283.0% |
| 2004 | -2.6% | -60.2% |
| 2005 | 0.1% | -105.7% |
| 2006 | -2.5% | -1792.1% |
| 2007 | -0.0% | -98.3% |
| 2008 | -12.1% | +28927.8% |
| 2009 | 1.3% | -110.7% |
| 2010 | 0.2% | -84.2% |
| 2011 | 6.7% | +3177.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.9% | -2.8% | 17.6% | 7 |
| 2000s | -2.2% | -12.1% | 5.7% | 10 |
| 2010s | 3.5% | 0.2% | 6.7% | 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 gdp per capita growth in Eritrea?
- Gdp per capita growth in Eritrea was 6.7% in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Eritrea?
- The highest recorded value was 17.6% in 1994.
- What is the lowest gdp per capita growth recorded in Eritrea?
- The lowest recorded value was -12.1% in 2008.
- How does Eritrea rank for gdp per capita growth?
- Eritrea ranks 12th out of 213 countries with data for 2011.
- Is gdp per capita growth rising or falling in Eritrea?
- Over the last ten years it is up 18.5%. 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 GDP per capita growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.