Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea
Eritrea: Gross Domestic Product, GDP in millions constant 2021 international $ was 2.07 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Eritrea is 2.07 % change on previous year, measured in 2027.
The figure is up 13.1% on the previous year and up 120.7% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Eritrea peaked at 30.93 % change on previous year in 2014 and was at its lowest, -20.62 % change on previous year, in 2015.
That places Eritrea 145th out of 189 countries with data for 2027, 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 in millions constant 2021 international $ in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 6.73 % change on previous year | — |
| 1993 | 13.45 % change on previous year | +99.9% |
| 1994 | 21.22 % change on previous year | +57.7% |
| 1995 | 2.86 % change on previous year | -86.5% |
| 1996 | 9.26 % change on previous year | +223.9% |
| 1997 | 7.91 % change on previous year | -14.6% |
| 1998 | 1.77 % change on previous year | -77.6% |
| 1999 | 0.0134 % change on previous year | -99.2% |
| 2000 | -3.14 % change on previous year | -23565.9% |
| 2001 | 8.76 % change on previous year | -378.7% |
| 2002 | 3.01 % change on previous year | -65.7% |
| 2003 | -2.66 % change on previous year | -188.4% |
| 2004 | 1.45 % change on previous year | -154.7% |
| 2005 | 2.57 % change on previous year | +77.3% |
| 2006 | -0.9692 % change on previous year | -137.6% |
| 2007 | 1.43 % change on previous year | -247.2% |
| 2008 | -9.78 % change on previous year | -785.6% |
| 2009 | 3.88 % change on previous year | -139.6% |
| 2010 | 2.19 % change on previous year | -43.4% |
| 2011 | 8.68 % change on previous year | +295.6% |
| 2012 | 1.89 % change on previous year | -78.3% |
| 2013 | -10.46 % change on previous year | -654.4% |
| 2014 | 30.93 % change on previous year | -395.8% |
| 2015 | -20.62 % change on previous year | -166.7% |
| 2016 | 7.39 % change on previous year | -135.8% |
| 2017 | -10.02 % change on previous year | -235.5% |
| 2018 | 13.03 % change on previous year | -230.1% |
| 2019 | 3.84 % change on previous year | -70.6% |
| 2020 | -0.2776 % change on previous year | -107.2% |
| 2021 | 1.51 % change on previous year | -645.1% |
| 2022 | 1.37 % change on previous year | -9.6% |
| 2023 | 1.46 % change on previous year | +7.0% |
| 2024 | 1.52 % change on previous year | +3.6% |
| 2025 | 1.67 % change on previous year | +10.3% |
| 2026 | 1.83 % change on previous year | +9.4% |
| 2027 | 2.07 % change on previous year | +13.1% |
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | -23565.9% | 0.0134 % change on previous year | -3.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.9 % change on previous year | 0.0134 % change on previous year | 21.22 % change on previous year | 8 |
| 2000s | 0.4541 % change on previous year | -9.78 % change on previous year | 8.76 % change on previous year | 10 |
| 2010s | 2.69 % change on previous year | -20.62 % change on previous year | 30.93 % change on previous year | 10 |
| 2020s | 1.39 % change on previous year | -0.2776 % change on previous year | 2.07 % change on previous year | 8 |
Countries ranked near Eritrea
- 142 Australia 2.15 % change on previous year compare
- 143 Korea 2.15 % change on previous year compare
- 144 Lithuania 2.13 % change on previous year compare
- 146 United States of America 2.06 % change on previous year compare
- 147 Mexico 2.04 % change on previous year compare
- 148 Bolivia, Plurinational State of 2.04 % change on previous year 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 2.07 % change on previous year in 2027, 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 30.93 % change on previous year in 2014.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Eritrea?
- The lowest recorded value was -20.62 % change on previous year in 2015.
- How does Eritrea rank for gross domestic product, gdp in millions constant 2021 international $?
- Eritrea ranks 145th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Eritrea?
- Over the last ten years it is up 120.7%. The long-run trend across the full record is volatile.
- 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), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.