Gross domestic savings (current LCU) in Eritrea
Eritrea: Gross domestic savings (current LCU) was -7.87 billion current LCU in 2011. ◆ Volatile
Gross domestic savings in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Eritrea recorded -7.87 billion current LCU for gross domestic savings in 2011.
That represents a change of up 29.2% on the previous year and down 509.0% over ten years.
Over the whole period, gross domestic savings in Eritrea peaked at -562.40 million current LCU in 1992 and was at its lowest, -11.12 billion current LCU, in 2010.
That places Eritrea 173rd out of 188 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU) in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | -562.40 million current LCU | — |
| 1993 | -597.40 million current LCU | +6.2% |
| 1994 | -981.90 million current LCU | +64.4% |
| 1995 | -1.42 billion current LCU | +44.1% |
| 1996 | -1.35 billion current LCU | -4.8% |
| 1997 | -1.23 billion current LCU | -8.6% |
| 1998 | -1.81 billion current LCU | +47.0% |
| 1999 | -1.78 billion current LCU | -1.7% |
| 2000 | -1.80 billion current LCU | +1.4% |
| 2001 | -1.29 billion current LCU | -28.4% |
| 2002 | -2.39 billion current LCU | +84.9% |
| 2003 | -4.18 billion current LCU | +74.7% |
| 2004 | -5.16 billion current LCU | +23.6% |
| 2005 | -4.80 billion current LCU | -7.0% |
| 2006 | -3.31 billion current LCU | -31.0% |
| 2007 | -2.10 billion current LCU | -36.7% |
| 2008 | -1.91 billion current LCU | -9.0% |
| 2009 | -2.76 billion current LCU | +44.4% |
| 2010 | -11.12 billion current LCU | +303.8% |
| 2011 | -7.87 billion current LCU | -29.2% |
Eritrea compared with similar countries
- Eritrea's -7.87 billion current LCU is below the median for low income countries, which is 186.32 billion current LCU. (23 countries reporting)
- Eritrea's -7.87 billion current LCU is below the median for Sub-Saharan Africa, which is 714.47 billion current LCU. (46 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current LCU) 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 |
|---|---|---|---|
| 2010 | -303.8% | -2.76 billion current LCU | -11.12 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.22 billion current LCU | -1.81 billion current LCU | -562.40 million current LCU | 8 |
| 2000s | -2.97 billion current LCU | -5.16 billion current LCU | -1.29 billion current LCU | 10 |
| 2010s | -9.50 billion current LCU | -11.12 billion current LCU | -7.87 billion current LCU | 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)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0118 units per US$ of GDP (2011)
Frequently asked questions
- What is gross domestic savings in Eritrea?
- Gross domestic savings in Eritrea was -7.87 billion current LCU in 2011, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Eritrea?
- The highest recorded value was -562.40 million current LCU in 1992.
- What is the lowest gross domestic savings recorded in Eritrea?
- The lowest recorded value was -11.12 billion current LCU in 2010.
- How does Eritrea rank for gross domestic savings?
- Eritrea ranks 173rd out of 188 countries with data for 2011.
- Is gross domestic savings rising or falling in Eritrea?
- Over the last ten years it is down 509.0%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.