Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea
Eritrea: Gross Domestic Product, GDP in millions constant 2021 international $ was 0 units per US$ of GDP in 2011. ▼ Falling
Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea, 1992–2011
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
Eritrea recorded 0 units per US$ of GDP for gross domestic product, gdp in millions constant 2021 international $ in 2011. That is the lowest value across all 20 years on record.
That represents a change of down 16.3% on the previous year and down 60.3% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Eritrea peaked at 0 units per US$ of GDP in 1994 and was at its lowest, 0 units per US$ of GDP, in 2011.
That places Eritrea 13th out of 185 countries with data for 2011, putting it in the top 10%.
The long-run direction has been consistently falling across the 20 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1992 | 0 units per US$ of GDP | — |
| 1993 | 0 units per US$ of GDP | +15.7% |
| 1994 | 0 units per US$ of GDP | +6.7% |
| 1995 | 0 units per US$ of GDP | -5.4% |
| 1996 | 0 units per US$ of GDP | -8.9% |
| 1997 | 0 units per US$ of GDP | +9.0% |
| 1998 | 0 units per US$ of GDP | -6.3% |
| 1999 | 0 units per US$ of GDP | +8.2% |
| 2000 | 0 units per US$ of GDP | -5.5% |
| 2001 | 0 units per US$ of GDP | +2.1% |
| 2002 | 0 units per US$ of GDP | +6.3% |
| 2003 | 0 units per US$ of GDP | -18.4% |
| 2004 | 0 units per US$ of GDP | -20.4% |
| 2005 | 0 units per US$ of GDP | +3.6% |
| 2006 | 0 units per US$ of GDP | -10.2% |
| 2007 | 0 units per US$ of GDP | -6.8% |
| 2008 | 0 units per US$ of GDP | -13.9% |
| 2009 | 0 units per US$ of GDP | -22.8% |
| 2010 | 0 units per US$ of GDP | +19.4% |
| 2011 | 0 units per US$ of GDP | -16.3% |
Eritrea compared with similar countries
- Eritrea's 0 units per US$ of GDP is above the median for low income countries, which is 0 units per US$ of GDP, 1.4× the median. (24 countries reporting)
- Eritrea's 0 units per US$ of GDP is above the median for Sub-Saharan Africa, which is 0 units per US$ of GDP, 1.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 8 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 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 gross domestic product, gdp in millions constant 2021 international $ in Eritrea?
- Gross domestic product, gdp in millions constant 2021 international $ in Eritrea was 0 units per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Eritrea?
- The highest recorded value was 0 units per US$ of GDP in 1994.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Eritrea?
- The lowest recorded value was 0 units per US$ of GDP in 2011.
- How does Eritrea rank for gross domestic product, gdp in millions constant 2021 international $?
- Eritrea ranks 13th out of 185 countries with data for 2011.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Eritrea?
- Over the last ten years it is down 60.3%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ GDP (current US$)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- GDP 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
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.