Gross domestic product (GDP), Current prices, Domestic currency in Eritrea
Eritrea: Gross domestic product (GDP), Current prices, Domestic currency was 29.88 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Eritrea, 1990–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Eritrea stood at 29.88.
Compared with earlier readings it is down 1.2% on the previous year and up 49.9% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Eritrea peaked at 40.04 in 2014 and was at its lowest, 1.52, in 1990.
That places Eritrea 158th out of 194 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 1.52 | — |
| 1991 | 1.84 | +20.7% |
| 1992 | 2.19 | +19.2% |
| 1993 | 2.53 | +15.4% |
| 1994 | 3.45 | +36.5% |
| 1995 | 3.94 | +14.3% |
| 1996 | 4.76 | +20.7% |
| 1997 | 5.35 | +12.4% |
| 1998 | 5.96 | +11.4% |
| 1999 | 6.47 | +8.6% |
| 2000 | 6.8 | +5.1% |
| 2001 | 8.51 | +25.2% |
| 2002 | 10.18 | +19.6% |
| 2003 | 12.08 | +18.6% |
| 2004 | 15.29 | +26.6% |
| 2005 | 16.88 | +10.4% |
| 2006 | 14.41 | -14.6% |
| 2007 | 15.68 | +8.8% |
| 2008 | 14.19 | -9.5% |
| 2009 | 19.94 | +40.5% |
| 2010 | 24.44 | +22.6% |
| 2011 | 31.75 | +29.9% |
| 2012 | 34.67 | +9.2% |
| 2013 | 30.1 | -13.2% |
| 2014 | 40.04 | +33.0% |
| 2015 | 30.95 | -22.7% |
| 2016 | 33.37 | +7.8% |
| 2017 | 28.7 | -14.0% |
| 2018 | 30.24 | +5.3% |
| 2019 | 29.88 | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.8 | 1.52 | 6.47 | 10 |
| 2000s | 13.4 | 6.8 | 19.94 | 10 |
| 2010s | 31.41 | 24.44 | 40.04 | 10 |
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)
- Imports of goods and services (current US$), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current US$), per unit of GDP 0.2924 current US$ per US$ of GDP (2011)
- Imports of goods and services (current US$), per capita 201.36 current US$ per person (2011)
- Imports of goods and services (current LCU), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current LCU), per unit of GDP 4.5 current LCU per US$ of GDP (2011)
- Imports of goods and services (current LCU), per capita 3,096 current LCU per person (2011)
- External balance on goods and services (current US$), annual growth 41.74 % change on previous year (2011)
- External balance on goods and services (current LCU), annual growth 41.74 % change on previous year (2011)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Eritrea?
- Gross domestic product (gdp), current prices, domestic currency in Eritrea was 29.88 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Eritrea?
- The highest recorded value was 40.04 in 2014.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Eritrea?
- The lowest recorded value was 1.52 in 1990.
- How does Eritrea rank for gross domestic product (gdp), current prices, domestic currency?
- Eritrea ranks 158th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Eritrea?
- Over the last ten years it is up 49.9%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.