Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea
Eritrea: Gross Domestic Product, GDP in millions constant 2021 international $ was 0.069 units per square kilometre in 2023. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea, 1993–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Eritrea is 0.069 units per square kilometre, measured in 2023.
Compared with earlier readings it is up 1.5% on the previous year and up 22.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Eritrea peaked at 0.0737 units per square kilometre in 2014 and was at its lowest, 0.043 units per square kilometre, in 1993.
That places Eritrea 174th out of 186 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1993 | 0.043 units per square kilometre | — |
| 1994 | 0.0521 units per square kilometre | +21.2% |
| 1995 | 0.0536 units per square kilometre | +2.9% |
| 1996 | 0.0586 units per square kilometre | +9.3% |
| 1997 | 0.0632 units per square kilometre | +7.9% |
| 1998 | 0.0643 units per square kilometre | +1.8% |
| 1999 | 0.0643 units per square kilometre | +0.0% |
| 2000 | 0.0623 units per square kilometre | -3.1% |
| 2001 | 0.0678 units per square kilometre | +8.8% |
| 2002 | 0.0698 units per square kilometre | +3.0% |
| 2003 | 0.068 units per square kilometre | -2.7% |
| 2004 | 0.0576 units per square kilometre | -15.3% |
| 2005 | 0.059 units per square kilometre | +2.5% |
| 2006 | 0.0585 units per square kilometre | -1.0% |
| 2007 | 0.0593 units per square kilometre | +1.4% |
| 2008 | 0.0535 units per square kilometre | -9.8% |
| 2009 | 0.0555 units per square kilometre | +3.9% |
| 2010 | 0.0568 units per square kilometre | +2.2% |
| 2011 | 0.0617 units per square kilometre | +8.7% |
| 2012 | 0.0628 units per square kilometre | +1.9% |
| 2013 | 0.0563 units per square kilometre | -10.4% |
| 2014 | 0.0737 units per square kilometre | +30.9% |
| 2015 | 0.0585 units per square kilometre | -20.7% |
| 2016 | 0.0628 units per square kilometre | +7.4% |
| 2017 | 0.0565 units per square kilometre | -10.0% |
| 2018 | 0.0639 units per square kilometre | +13.0% |
| 2019 | 0.0663 units per square kilometre | +3.8% |
| 2020 | 0.0662 units per square kilometre | -0.2% |
| 2021 | 0.0671 units per square kilometre | +1.4% |
| 2022 | 0.068 units per square kilometre | +1.4% |
| 2023 | 0.069 units per square kilometre | +1.5% |
Eritrea compared with similar countries
- Eritrea's 0.069 units per square kilometre is below the median for low income countries, which is 0.1359 units per square kilometre, 51% of the median. (25 countries reporting)
- Eritrea's 0.069 units per square kilometre is below the median for Sub-Saharan Africa, which is 0.2304 units per square kilometre, 30% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.057 units per square kilometre | 0.043 units per square kilometre | 0.0643 units per square kilometre | 7 |
| 2000s | 0.0611 units per square kilometre | 0.0535 units per square kilometre | 0.0698 units per square kilometre | 10 |
| 2010s | 0.0619 units per square kilometre | 0.0563 units per square kilometre | 0.0737 units per square kilometre | 10 |
| 2020s | 0.0676 units per square kilometre | 0.0662 units per square kilometre | 0.069 units per square kilometre | 4 |
Countries ranked near Eritrea
- 171 Botswana 0.0829 units per square kilometre compare
- 172 Suriname 0.0746 units per square kilometre compare
- 173 Solomon Islands 0.0721 units per square kilometre compare
- 175 Democratic Republic of Congo 0.0652 units per square kilometre compare
- 176 Mozambique 0.0647 units per square kilometre compare
- 177 Mali 0.0555 units per square kilometre 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 gross domestic product, gdp in millions constant 2021 international $ in Eritrea?
- Gross domestic product, gdp in millions constant 2021 international $ in Eritrea was 0.069 units per square kilometre in 2023, 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 0.0737 units per square kilometre in 2014.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Eritrea?
- The lowest recorded value was 0.043 units per square kilometre in 1993.
- How does Eritrea rank for gross domestic product, gdp in millions constant 2021 international $?
- Eritrea ranks 174th out of 186 countries with data for 2023.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Eritrea?
- Over the last ten years it is up 22.6%. The long-run trend across the full record is rising.
- 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 square kilometre. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), 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) ÷ Land area (sq. km)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.