GNI (constant LCU), annual growth rate in Eritrea
Eritrea: GNI (constant LCU), annual growth rate was 7.89 % change on previous year in 2011. ◆ Volatile
GNI (constant LCU), annual growth rate in Eritrea, 1993–2011
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Eritrea recorded 7.89 % change on previous year for gni (constant lcu), annual growth rate in 2011.
The figure is up 222.1% on the previous year and down 9.8% over ten years.
Over the whole period, gni (constant lcu), annual growth rate in Eritrea peaked at 20.49 % change on previous year in 1994 and was at its lowest, -9.41 % change on previous year, in 2008.
That places Eritrea 26th out of 167 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI (constant LCU), annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 7.87 % change on previous year | — |
| 1994 | 20.49 % change on previous year | +160.3% |
| 1995 | 3 % change on previous year | -85.3% |
| 1996 | 9.37 % change on previous year | +212.0% |
| 1997 | 7.82 % change on previous year | -16.6% |
| 1998 | 3.13 % change on previous year | -60.0% |
| 1999 | -0.3214 % change on previous year | -110.3% |
| 2000 | -3.14 % change on previous year | +875.4% |
| 2001 | 8.75 % change on previous year | -379.2% |
| 2002 | 2.22 % change on previous year | -74.7% |
| 2003 | -1.62 % change on previous year | -173.2% |
| 2004 | 2.12 % change on previous year | -230.3% |
| 2005 | 0.7882 % change on previous year | -62.8% |
| 2006 | -1.93 % change on previous year | -345.1% |
| 2007 | 1.27 % change on previous year | -165.9% |
| 2008 | -9.41 % change on previous year | -839.8% |
| 2009 | 4.76 % change on previous year | -150.6% |
| 2010 | 2.45 % change on previous year | -48.5% |
| 2011 | 7.89 % change on previous year | +222.1% |
Eritrea compared with similar countries
- Eritrea's 7.89 % change on previous year is above the median for low income countries, which is 5.34 % change on previous year, 1.5× the median. (19 countries reporting)
- Eritrea's 7.89 % change on previous year is above the median for Sub-Saharan Africa, which is 5.37 % change on previous year, 1.5× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.34 % change on previous year | -0.3214 % change on previous year | 20.49 % change on previous year | 7 |
| 2000s | 0.3807 % change on previous year | -9.41 % change on previous year | 8.75 % change on previous year | 10 |
| 2010s | 5.17 % change on previous year | 2.45 % change on previous year | 7.89 % change on previous year | 2 |
Countries ranked near Eritrea
- 23 Benin 7.98 % change on previous year compare
- 24 Tanzania 7.94 % change on previous year compare
- 25 United Arab Emirates 7.9 % change on previous year compare
- 27 Niger 7.79 % change on previous year compare
- 28 Isle of Man 7.79 % change on previous year compare
- 29 India 7.58 % 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)
- 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 gni (constant lcu), annual growth rate in Eritrea?
- Gni (constant lcu), annual growth rate in Eritrea was 7.89 % change on previous year in 2011, according to Statizoid (derived).
- What is the highest gni (constant lcu), annual growth rate recorded in Eritrea?
- The highest recorded value was 20.49 % change on previous year in 1994.
- What is the lowest gni (constant lcu), annual growth rate recorded in Eritrea?
- The lowest recorded value was -9.41 % change on previous year in 2008.
- How does Eritrea rank for gni (constant lcu), annual growth rate?
- Eritrea ranks 26th out of 167 countries with data for 2011.
- Is gni (constant lcu), annual growth rate rising or falling in Eritrea?
- Over the last ten years it is down 9.8%. 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 GNI (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 GNI (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GNI 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 GNI (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.