Gross Domestic Product — Value Standard Local Currency, 2015 prices in Eritrea
Eritrea: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0 million SLC per US$ of GDP in 2011. ▼ Falling
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Eritrea, 1992–2011
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Eritrea is 0 million SLC per US$ of GDP, measured in 2011.
The figure is down 3.2% on the previous year and down 49.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Eritrea peaked at 0 million SLC per US$ of GDP in 1999 and was at its lowest, 0 million SLC per US$ of GDP, in 2009.
That places Eritrea 77th out of 193 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Eritrea, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1992 | 0 million SLC per US$ of GDP | — |
| 1993 | 0 million SLC per US$ of GDP | +15.1% |
| 1994 | 0 million SLC per US$ of GDP | -0.7% |
| 1995 | 0 million SLC per US$ of GDP | +11.2% |
| 1996 | 0 million SLC per US$ of GDP | -14.7% |
| 1997 | 0 million SLC per US$ of GDP | +10.3% |
| 1998 | 0 million SLC per US$ of GDP | -0.6% |
| 1999 | 0 million SLC per US$ of GDP | +10.3% |
| 2000 | 0 million SLC per US$ of GDP | -2.3% |
| 2001 | 0 million SLC per US$ of GDP | -17.7% |
| 2002 | 0 million SLC per US$ of GDP | +12.2% |
| 2003 | 0 million SLC per US$ of GDP | -13.7% |
| 2004 | 0 million SLC per US$ of GDP | -23.6% |
| 2005 | 0 million SLC per US$ of GDP | +2.4% |
| 2006 | 0 million SLC per US$ of GDP | -10.2% |
| 2007 | 0 million SLC per US$ of GDP | -6.8% |
| 2008 | 0 million SLC per US$ of GDP | -23.1% |
| 2009 | 0 million SLC per US$ of GDP | -16.6% |
| 2010 | 0 million SLC per US$ of GDP | +29.5% |
| 2011 | 0 million SLC per US$ of GDP | -3.2% |
Eritrea compared with similar countries
- Eritrea's 0 million SLC per US$ of GDP is below the median for low income countries, which is 0.0004 million SLC per US$ of GDP, 4% of the median. (23 countries reporting)
- Eritrea's 0 million SLC per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0004 million SLC per US$ of GDP, 4% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 8 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC 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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Eritrea?
- Gross domestic product — value standard local currency, 2015 prices in Eritrea was 0 million SLC per US$ of GDP in 2011, 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 million SLC per US$ of GDP in 1999.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Eritrea?
- The lowest recorded value was 0 million SLC per US$ of GDP in 2009.
- How does Eritrea rank for gross domestic product — value standard local currency, 2015 prices?
- Eritrea ranks 77th out of 193 countries with data for 2011.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Eritrea?
- Over the last ten years it is down 49.0%. 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 — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.