General government final consumption expenditure (constant LCU) in Eritrea
Eritrea: General government final consumption expenditure (constant LCU) was 244.45 % change on previous year in 2011. ◆ Volatile
General government final consumption expenditure (constant LCU) in Eritrea, 1993–2011
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2011, general government final consumption expenditure (constant lcu) in Eritrea stood at 244.45 % change on previous year. 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 (constant lcu) in Eritrea peaked at 244.45 % change on previous year in 2011 and was at its lowest, -28.9 % change on previous year, in 2006.
Eritrea ranks 1st of 174 countries on this measure, 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 (constant LCU) in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 51.89 % change on previous year | — |
| 1994 | 21.85 % change on previous year | -57.9% |
| 1995 | 55.99 % change on previous year | +156.2% |
| 1996 | 0.7351 % change on previous year | -98.7% |
| 1997 | -19.34 % change on previous year | -2730.7% |
| 1998 | 90.54 % change on previous year | -568.2% |
| 1999 | 30.43 % change on previous year | -66.4% |
| 2000 | -13.35 % change on previous year | -143.9% |
| 2001 | -15.8 % change on previous year | +18.4% |
| 2002 | -5.11 % change on previous year | -67.7% |
| 2003 | 21.27 % change on previous year | -516.6% |
| 2004 | -18.12 % change on previous year | -185.2% |
| 2005 | -6.18 % change on previous year | -65.9% |
| 2006 | -28.9 % change on previous year | +367.7% |
| 2007 | -0.6182 % change on previous year | -97.9% |
| 2008 | 1.1 % change on previous year | -278.4% |
| 2009 | -4.83 % change on previous year | -537.8% |
| 2010 | 30.12 % change on previous year | -723.8% |
| 2011 | 244.45 % change on previous year | +711.6% |
Eritrea compared with similar countries
- Eritrea's 244.45 % change on previous year is above the median for low income countries, which is 5.02 % change on previous year, 48.7× the median. (21 countries reporting)
- Eritrea's 244.45 % change on previous year is above the median for Sub-Saharan Africa, which is 4.75 % change on previous year, 51.4× the median. (44 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (constant LCU) in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | -2730.7% | 0.7351 % change on previous year | -19.34 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.16 % change on previous year | -19.34 % change on previous year | 90.54 % change on previous year | 7 |
| 2000s | -7.05 % change on previous year | -28.9 % change on previous year | 21.27 % change on previous year | 10 |
| 2010s | 137.29 % change on previous year | 30.12 % change on previous year | 244.45 % change on previous year | 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)
- 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 general government final consumption expenditure (constant lcu) in Eritrea?
- General government final consumption expenditure (constant lcu) in Eritrea was 244.45 % change on previous year in 2011, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu) recorded in Eritrea?
- The highest recorded value was 244.45 % change on previous year in 2011.
- What is the lowest general government final consumption expenditure (constant lcu) recorded in Eritrea?
- The lowest recorded value was -28.9 % change on previous year in 2006.
- How does Eritrea rank for general government final consumption expenditure (constant lcu)?
- Eritrea ranks 1st out of 174 countries with data for 2011.
- Is general government final consumption expenditure (constant lcu) 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 Statizoid (derived), published as part of General government final consumption expenditure (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 General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure 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 General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.