Gross Domestic Product — Value Standard Local Currency, per square in Eritrea
Eritrea: Gross Domestic Product — Value Standard Local Currency, per square was 0.2831 million SLC per square kilometre in 2023. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, per square in Eritrea, 1993–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Eritrea recorded 0.2831 million SLC per square kilometre for gross domestic product — value standard local currency, per square in 2023.
The figure is down 4.5% on the previous year and up 13.8% over ten years.
Over the whole period, gross domestic product — value standard local currency, per square in Eritrea peaked at 0.3308 million SLC per square kilometre in 2014 and was at its lowest, 0.025 million SLC per square kilometre, in 1993.
That places Eritrea 183rd out of 192 countries with data for 2023, 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 — Value Standard Local Currency, per square in Eritrea, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1993 | 0.025 million SLC per square kilometre | — |
| 1994 | 0.0342 million SLC per square kilometre | +36.5% |
| 1995 | 0.039 million SLC per square kilometre | +14.3% |
| 1996 | 0.0471 million SLC per square kilometre | +20.7% |
| 1997 | 0.0529 million SLC per square kilometre | +12.4% |
| 1998 | 0.059 million SLC per square kilometre | +11.4% |
| 1999 | 0.0641 million SLC per square kilometre | +8.6% |
| 2000 | 0.0673 million SLC per square kilometre | +5.1% |
| 2001 | 0.0842 million SLC per square kilometre | +25.2% |
| 2002 | 0.1008 million SLC per square kilometre | +19.6% |
| 2003 | 0.1196 million SLC per square kilometre | +18.6% |
| 2004 | 0.1264 million SLC per square kilometre | +5.7% |
| 2005 | 0.1395 million SLC per square kilometre | +10.4% |
| 2006 | 0.1191 million SLC per square kilometre | -14.6% |
| 2007 | 0.1296 million SLC per square kilometre | +8.8% |
| 2008 | 0.1172 million SLC per square kilometre | -9.6% |
| 2009 | 0.1647 million SLC per square kilometre | +40.5% |
| 2010 | 0.2019 million SLC per square kilometre | +22.6% |
| 2011 | 0.2622 million SLC per square kilometre | +29.9% |
| 2012 | 0.2863 million SLC per square kilometre | +9.2% |
| 2013 | 0.2487 million SLC per square kilometre | -13.1% |
| 2014 | 0.3308 million SLC per square kilometre | +33.0% |
| 2015 | 0.2556 million SLC per square kilometre | -22.7% |
| 2016 | 0.2756 million SLC per square kilometre | +7.8% |
| 2017 | 0.2371 million SLC per square kilometre | -14.0% |
| 2018 | 0.2497 million SLC per square kilometre | +5.3% |
| 2019 | 0.2467 million SLC per square kilometre | -1.2% |
| 2020 | 0.2631 million SLC per square kilometre | +6.6% |
| 2021 | 0.2752 million SLC per square kilometre | +4.6% |
| 2022 | 0.2965 million SLC per square kilometre | +7.7% |
| 2023 | 0.2831 million SLC per square kilometre | -4.5% |
Eritrea compared with similar countries
- Eritrea's 0.2831 million SLC per square kilometre is below the median for low income countries, which is 22.48 million SLC per square kilometre, 1% of the median. (23 countries reporting)
- Eritrea's 0.2831 million SLC per square kilometre is below the median for Sub-Saharan Africa, which is 26.01 million SLC per square kilometre, 1% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0459 million SLC per square kilometre | 0.025 million SLC per square kilometre | 0.0641 million SLC per square kilometre | 7 |
| 2000s | 0.1168 million SLC per square kilometre | 0.0673 million SLC per square kilometre | 0.1647 million SLC per square kilometre | 10 |
| 2010s | 0.2595 million SLC per square kilometre | 0.2019 million SLC per square kilometre | 0.3308 million SLC per square kilometre | 10 |
| 2020s | 0.2794 million SLC per square kilometre | 0.2631 million SLC per square kilometre | 0.2965 million SLC per square kilometre | 4 |
Countries ranked near Eritrea
- 180 Mauritania 0.3771 million SLC per square kilometre compare
- 181 Australia 0.3475 million SLC per square kilometre compare
- 182 Canada 0.3291 million SLC per square kilometre compare
- 184 Namibia 0.2767 million SLC per square kilometre compare
- 185 Belize 0.2699 million SLC per square kilometre compare
- 186 Papua New Guinea 0.2459 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, per square in Eritrea?
- Gross domestic product — value standard local currency, per square in Eritrea was 0.2831 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per square recorded in Eritrea?
- The highest recorded value was 0.3308 million SLC per square kilometre in 2014.
- What is the lowest gross domestic product — value standard local currency, per square recorded in Eritrea?
- The lowest recorded value was 0.025 million SLC per square kilometre in 1993.
- How does Eritrea rank for gross domestic product — value standard local currency, per square?
- Eritrea ranks 183rd out of 192 countries with data for 2023.
- Is gross domestic product — value standard local currency, per square rising or falling in Eritrea?
- Over the last ten years it is up 13.8%. 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 — Value Standard Local Currency, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency 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 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.