GNI growth in Eritrea
Eritrea: GNI growth was 7.9% in 2011. ◆ Volatile
GNI growth in Eritrea, 1993–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gni growth in Eritrea is 7.9%, measured in 2011.
Compared with earlier readings it is up 222.1% on the previous year and down 9.8% over ten years.
Over the whole period, gni growth in Eritrea peaked at 20.5% in 1994 and was at its lowest, -9.4%, in 2008.
Eritrea ranks 27th of 164 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI growth in Eritrea, year by year
| Year | annual % | Change |
|---|---|---|
| 1993 | 7.9% | — |
| 1994 | 20.5% | +160.3% |
| 1995 | 3.0% | -85.3% |
| 1996 | 9.4% | +212.0% |
| 1997 | 7.8% | -16.6% |
| 1998 | 3.1% | -60.0% |
| 1999 | -0.3% | -110.3% |
| 2000 | -3.1% | +875.5% |
| 2001 | 8.8% | -379.2% |
| 2002 | 2.2% | -74.7% |
| 2003 | -1.6% | -173.2% |
| 2004 | 2.1% | -230.3% |
| 2005 | 0.8% | -62.8% |
| 2006 | -1.9% | -345.1% |
| 2007 | 1.3% | -165.9% |
| 2008 | -9.4% | -839.7% |
| 2009 | 4.8% | -150.6% |
| 2010 | 2.5% | -48.5% |
| 2011 | 7.9% | +222.1% |
Eritrea compared with similar countries
- Eritrea's 7.9% is above the median for low income countries, which is 5.3%, 1.5× the median. (19 countries reporting)
- Eritrea's 7.9% is above the median for Sub-Saharan Africa, which is 5.5%, 1.4× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.3% | -0.3% | 20.5% | 7 |
| 2000s | 0.4% | -9.4% | 8.8% | 10 |
| 2010s | 5.2% | 2.5% | 7.9% | 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 gni growth in Eritrea?
- Gni growth in Eritrea was 7.9% in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Eritrea?
- The highest recorded value was 20.5% in 1994.
- What is the lowest gni growth recorded in Eritrea?
- The lowest recorded value was -9.4% in 2008.
- How does Eritrea rank for gni growth?
- Eritrea ranks 27th out of 164 countries with data for 2011.
- Is gni growth 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.