Gross Domestic Product — Value Standard Local Currency, 2015 prices in Eritrea
Eritrea: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.3128 million SLC per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Eritrea, 1993–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross domestic product — value standard local currency, 2015 prices in Eritrea stood at 0.3128 million SLC per square kilometre.
That represents a change of up 2.8% on the previous year and up 27.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Eritrea peaked at 0.3222 million SLC per square kilometre in 2014 and was at its lowest, 0.1568 million SLC per square kilometre, in 1993.
Eritrea ranks 179th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Eritrea, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1993 | 0.1568 million SLC per square kilometre | — |
| 1994 | 0.177 million SLC per square kilometre | +12.9% |
| 1995 | 0.2141 million SLC per square kilometre | +20.9% |
| 1996 | 0.219 million SLC per square kilometre | +2.3% |
| 1997 | 0.239 million SLC per square kilometre | +9.1% |
| 1998 | 0.2579 million SLC per square kilometre | +7.9% |
| 1999 | 0.263 million SLC per square kilometre | +2.0% |
| 2000 | 0.2635 million SLC per square kilometre | +0.2% |
| 2001 | 0.2309 million SLC per square kilometre | -12.4% |
| 2002 | 0.2512 million SLC per square kilometre | +8.8% |
| 2003 | 0.2587 million SLC per square kilometre | +3.0% |
| 2004 | 0.2102 million SLC per square kilometre | -18.7% |
| 2005 | 0.2132 million SLC per square kilometre | +1.4% |
| 2006 | 0.2112 million SLC per square kilometre | -1.0% |
| 2007 | 0.2142 million SLC per square kilometre | +1.4% |
| 2008 | 0.1725 million SLC per square kilometre | -19.5% |
| 2009 | 0.1935 million SLC per square kilometre | +12.2% |
| 2010 | 0.2145 million SLC per square kilometre | +10.9% |
| 2011 | 0.2696 million SLC per square kilometre | +25.7% |
| 2012 | 0.2747 million SLC per square kilometre | +1.9% |
| 2013 | 0.246 million SLC per square kilometre | -10.4% |
| 2014 | 0.3222 million SLC per square kilometre | +30.9% |
| 2015 | 0.2556 million SLC per square kilometre | -20.7% |
| 2016 | 0.2745 million SLC per square kilometre | +7.4% |
| 2017 | 0.2471 million SLC per square kilometre | -10.0% |
| 2018 | 0.2792 million SLC per square kilometre | +13.0% |
| 2019 | 0.2899 million SLC per square kilometre | +3.8% |
| 2020 | 0.2885 million SLC per square kilometre | -0.5% |
| 2021 | 0.2965 million SLC per square kilometre | +2.8% |
| 2022 | 0.3043 million SLC per square kilometre | +2.6% |
| 2023 | 0.3128 million SLC per square kilometre | +2.8% |
Eritrea compared with similar countries
- Eritrea's 0.3128 million SLC per square kilometre is below the median for low income countries, which is 8.25 million SLC per square kilometre, 4% of the median. (23 countries reporting)
- Eritrea's 0.3128 million SLC per square kilometre is below the median for Sub-Saharan Africa, which is 10.61 million SLC per square kilometre, 3% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2181 million SLC per square kilometre | 0.1568 million SLC per square kilometre | 0.263 million SLC per square kilometre | 7 |
| 2000s | 0.2219 million SLC per square kilometre | 0.1725 million SLC per square kilometre | 0.2635 million SLC per square kilometre | 10 |
| 2010s | 0.2673 million SLC per square kilometre | 0.2145 million SLC per square kilometre | 0.3222 million SLC per square kilometre | 10 |
| 2020s | 0.3005 million SLC per square kilometre | 0.2885 million SLC per square kilometre | 0.3128 million SLC per square kilometre | 4 |
Countries ranked near Eritrea
- 176 Montenegro 0.347 million SLC per square kilometre compare
- 177 Botswana 0.3207 million SLC per square kilometre compare
- 178 Zambia 0.316 million SLC per square kilometre compare
- 180 Canada 0.2594 million SLC per square kilometre compare
- 181 Australia 0.2585 million SLC per square kilometre compare
- 182 Mauritania 0.2579 million SLC 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 — value standard local currency, 2015 prices in Eritrea?
- Gross domestic product — value standard local currency, 2015 prices in Eritrea was 0.3128 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Eritrea?
- The highest recorded value was 0.3222 million SLC per square kilometre in 2014.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Eritrea?
- The lowest recorded value was 0.1568 million SLC per square kilometre in 1993.
- How does Eritrea rank for gross domestic product — value standard local currency, 2015 prices?
- Eritrea ranks 179th out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Eritrea?
- Over the last ten years it is up 27.1%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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 — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.