General government final consumption expenditure in Eritrea
Eritrea: General government final consumption expenditure was 244.5% in 2011. ◆ Volatile
General government final consumption expenditure in Eritrea, 1993–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for general government final consumption expenditure in Eritrea is 244.5%, measured in 2011. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 711.6% on the previous year and up 1,646.8% over ten years.
Over the whole period, general government final consumption expenditure in Eritrea peaked at 244.5% in 2011 and was at its lowest, -28.9%, in 2006.
That places Eritrea 1st out of 173 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.
General government final consumption expenditure in Eritrea, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1993 | 51.9% | — |
| 1994 | 21.9% | -57.9% |
| 1995 | 56.0% | +156.2% |
| 1996 | 0.7% | -98.7% |
| 1997 | -19.3% | -2731.2% |
| 1998 | 90.5% | -568.2% |
| 1999 | 30.4% | -66.4% |
| 2000 | -13.3% | -143.9% |
| 2001 | -15.8% | +18.4% |
| 2002 | -5.1% | -67.7% |
| 2003 | 21.3% | -516.6% |
| 2004 | -18.1% | -185.2% |
| 2005 | -6.2% | -65.9% |
| 2006 | -28.9% | +367.7% |
| 2007 | -0.6% | -97.9% |
| 2008 | 1.1% | -278.4% |
| 2009 | -4.8% | -537.7% |
| 2010 | 30.1% | -723.8% |
| 2011 | 244.5% | +711.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.2% | -19.3% | 90.5% | 7 |
| 2000s | -7.1% | -28.9% | 21.3% | 10 |
| 2010s | 137.3% | 30.1% | 244.5% | 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)
- GDP deflator (base year varies by country), annual growth rate 19.54 % change on previous year (2011)
- Gross value added at basic prices (GVA) (current US$), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9721 current US$ per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current US$), per capita 625.02 current US$ per person (2009)
- 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)
Frequently asked questions
- What is general government final consumption expenditure in Eritrea?
- General government final consumption expenditure in Eritrea was 244.5% in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Eritrea?
- The highest recorded value was 244.5% in 2011.
- What is the lowest general government final consumption expenditure recorded in Eritrea?
- The lowest recorded value was -28.9% in 2006.
- How does Eritrea rank for general government final consumption expenditure?
- Eritrea ranks 1st out of 173 countries with data for 2011.
- Is general government final consumption expenditure rising or falling in Eritrea?
- Over the last ten years it is up 1,646.8%. 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 General government final consumption expenditure (annual % growth). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.