Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea
Eritrea: Gross Domestic Product, GDP in millions constant 2021 international $ was 8,970 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea, 1991–2027
Source: International Labour Organization.
Analysis
Eritrea recorded 8,970 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
The figure is up 2.1% on the previous year and up 31.1% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Eritrea peaked at 8,970 in 2027 and was at its lowest, 3,587, in 1991.
Eritrea ranks 171st of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 3,587 | — |
| 1992 | 3,828 | +6.7% |
| 1993 | 4,343 | +13.5% |
| 1994 | 5,265 | +21.2% |
| 1995 | 5,415 | +2.9% |
| 1996 | 5,917 | +9.3% |
| 1997 | 6,384 | +7.9% |
| 1998 | 6,498 | +1.8% |
| 1999 | 6,498 | +0.0% |
| 2000 | 6,294 | -3.1% |
| 2001 | 6,845 | +8.8% |
| 2002 | 7,051 | +3.0% |
| 2003 | 6,864 | -2.7% |
| 2004 | 6,964 | +1.5% |
| 2005 | 7,143 | +2.6% |
| 2006 | 7,074 | -1.0% |
| 2007 | 7,175 | +1.4% |
| 2008 | 6,473 | -9.8% |
| 2009 | 6,724 | +3.9% |
| 2010 | 6,871 | +2.2% |
| 2011 | 7,467 | +8.7% |
| 2012 | 7,608 | +1.9% |
| 2013 | 6,813 | -10.5% |
| 2014 | 8,920 | +30.9% |
| 2015 | 7,081 | -20.6% |
| 2016 | 7,604 | +7.4% |
| 2017 | 6,843 | -10.0% |
| 2018 | 7,734 | +13.0% |
| 2019 | 8,031 | +3.8% |
| 2020 | 8,009 | -0.3% |
| 2021 | 8,130 | +1.5% |
| 2022 | 8,241 | +1.4% |
| 2023 | 8,362 | +1.5% |
| 2024 | 8,488 | +1.5% |
| 2025 | 8,630 | +1.7% |
| 2026 | 8,788 | +1.8% |
| 2027 | 8,970 | +2.1% |
Eritrea compared with similar countries
- Eritrea's 8,970 is below the median for low income countries, which is 57,463, 16% of the median. (25 countries reporting)
- Eritrea's 8,970 is below the median for Sub-Saharan Africa, which is 55,772, 16% of the median. (47 countries reporting)
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 |
|---|---|---|---|
| 2014 | +30.9% | 6,813 | 8,920 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,304 | 3,587 | 6,498 | 9 |
| 2000s | 6,861 | 6,294 | 7,175 | 10 |
| 2010s | 7,497 | 6,813 | 8,920 | 10 |
| 2020s | 8,452 | 8,009 | 8,970 | 8 |
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 8,970 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Eritrea?
- The highest recorded value was 8,970 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Eritrea?
- The lowest recorded value was 3,587 in 1991.
- How does Eritrea rank for gross domestic product, gdp in millions constant 2021 international $?
- Eritrea ranks 171st out of 188 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 31.1%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.