Gross domestic income in Eritrea
Eritrea: Gross domestic income was 31.75 billion constant LCU in 2011. ▲ Rising
Gross domestic income in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross domestic income in Eritrea is 31.75 billion constant LCU, measured in 2011. That is the highest value across all 20 years on record.
The figure is up 10.2% on the previous year and up 9.0% over ten years.
Over the whole period, gross domestic income in Eritrea peaked at 31.75 billion constant LCU in 2011 and was at its lowest, 16.30 billion constant LCU, in 1992.
That places Eritrea 144th out of 178 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Gross domestic income in Eritrea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1992 | 16.30 billion constant LCU | — |
| 1993 | 18.52 billion constant LCU | +13.6% |
| 1994 | 22.49 billion constant LCU | +21.5% |
| 1995 | 23.09 billion constant LCU | +2.7% |
| 1996 | 25.21 billion constant LCU | +9.2% |
| 1997 | 27.24 billion constant LCU | +8.1% |
| 1998 | 27.62 billion constant LCU | +1.4% |
| 1999 | 27.62 billion constant LCU | +0.0% |
| 2000 | 26.76 billion constant LCU | -3.1% |
| 2001 | 29.14 billion constant LCU | +8.9% |
| 2002 | 29.99 billion constant LCU | +2.9% |
| 2003 | 29.08 billion constant LCU | -3.0% |
| 2004 | 29.44 billion constant LCU | +1.2% |
| 2005 | 30.16 billion constant LCU | +2.4% |
| 2006 | 29.75 billion constant LCU | -1.3% |
| 2007 | 30.19 billion constant LCU | +1.4% |
| 2008 | 27.26 billion constant LCU | -9.7% |
| 2009 | 28.24 billion constant LCU | +3.6% |
| 2010 | 28.80 billion constant LCU | +2.0% |
| 2011 | 31.75 billion constant LCU | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.51 billion constant LCU | 16.30 billion constant LCU | 27.62 billion constant LCU | 8 |
| 2000s | 29.00 billion constant LCU | 26.76 billion constant LCU | 30.19 billion constant LCU | 10 |
| 2010s | 30.28 billion constant LCU | 28.80 billion constant LCU | 31.75 billion constant LCU | 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 gross domestic income in Eritrea?
- Gross domestic income in Eritrea was 31.75 billion constant LCU in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Eritrea?
- The highest recorded value was 31.75 billion constant LCU in 2011.
- What is the lowest gross domestic income recorded in Eritrea?
- The lowest recorded value was 16.30 billion constant LCU in 1992.
- How does Eritrea rank for gross domestic income?
- Eritrea ranks 144th out of 178 countries with data for 2011.
- Is gross domestic income rising or falling in Eritrea?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- 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 Gross domestic income (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.