Gross domestic savings (current US$) in Eritrea
Eritrea: Gross domestic savings was -511.89 million current US$ in 2011. ◆ Volatile
Gross domestic savings in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross domestic savings in Eritrea is -511.89 million current US$, measured in 2011.
Compared with earlier readings it is up 29.2% on the previous year and down 348.0% over ten years.
Over the whole period, gross domestic savings in Eritrea peaked at -114.24 million current US$ in 1993 and was at its lowest, -723.50 million current US$, in 2010.
That places Eritrea 175th out of 188 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | -122.71 million current US$ | — |
| 1993 | -114.24 million current US$ | -6.9% |
| 1994 | -159.40 million current US$ | +39.5% |
| 1995 | -221.11 million current US$ | +38.7% |
| 1996 | -211.95 million current US$ | -4.1% |
| 1997 | -170.97 million current US$ | -19.3% |
| 1998 | -245.81 million current US$ | +43.8% |
| 1999 | -218.22 million current US$ | -11.2% |
| 2000 | -187.50 million current US$ | -14.1% |
| 2001 | -114.27 million current US$ | -39.1% |
| 2002 | -171.24 million current US$ | +49.9% |
| 2003 | -300.93 million current US$ | +75.7% |
| 2004 | -374.38 million current US$ | +24.4% |
| 2005 | -312.34 million current US$ | -16.6% |
| 2006 | -215.35 million current US$ | -31.1% |
| 2007 | -136.31 million current US$ | -36.7% |
| 2008 | -124.08 million current US$ | -9.0% |
| 2009 | -179.19 million current US$ | +44.4% |
| 2010 | -723.50 million current US$ | +303.8% |
| 2011 | -511.89 million current US$ | -29.2% |
Eritrea compared with similar countries
- Eritrea's -511.89 million current US$ is below the median for low income countries, which is 1.19 billion current US$. (23 countries reporting)
- Eritrea's -511.89 million current US$ is below the median for Sub-Saharan Africa, which is 3.09 billion current US$. (46 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | -303.8% | -179.19 million current US$ | -723.50 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -183.05 million current US$ | -245.81 million current US$ | -114.24 million current US$ | 8 |
| 2000s | -211.56 million current US$ | -374.38 million current US$ | -114.27 million current US$ | 10 |
| 2010s | -617.69 million current US$ | -723.50 million current US$ | -511.89 million current US$ | 2 |
Countries ranked near Eritrea
- 172 Haiti -226.44 million current US$ compare
- 173 Malawi -353.29 million current US$
- 174 French Polynesia -361.30 million current US$ compare
- 176 Tajikistan -571.41 million current US$ compare
- 177 East Timor -824.73 million current US$ compare
- 178 Lesotho -854.22 million current US$ 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)
- 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 -511.89 million current US$ 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 -114.24 million current US$ in 1993.
- What is the lowest gross domestic savings recorded in Eritrea?
- The lowest recorded value was -723.50 million current US$ in 2010.
- How does Eritrea rank for gross domestic savings?
- Eritrea ranks 175th 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 348.0%. 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 US$). 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 indicator is expressed in United States dollars.