Gross domestic savings, total in Eritrea
Eritrea: Gross domestic savings, total was -177.30 million constant 2000 US$ in 2007. ▼ Falling
Gross domestic savings, total in Eritrea, 1992–2007
Source: World Bank country economists. Measured in constant 2000 US$.
Analysis
In 2007, gross domestic savings, total in Eritrea stood at -177.30 million constant 2000 US$.
That represents a change of up 5.4% on the previous year and down 1.8% over ten years.
Over the whole period, gross domestic savings, total in Eritrea peaked at -143.17 million constant 2000 US$ in 1993 and was at its lowest, -399.14 million constant 2000 US$, in 2003.
That places Eritrea 35th out of 39 countries with data for 2007, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Gross domestic savings, total in Eritrea, year by year
| Year | constant 2000 US$ | Change |
|---|---|---|
| 1992 | -278.87 million constant 2000 US$ | — |
| 1993 | -143.17 million constant 2000 US$ | -48.7% |
| 1994 | -180.93 million constant 2000 US$ | +26.4% |
| 1995 | -255.01 million constant 2000 US$ | +40.9% |
| 1996 | -231.11 million constant 2000 US$ | -9.4% |
| 1997 | -174.18 million constant 2000 US$ | -24.6% |
| 1998 | -299.53 million constant 2000 US$ | +72.0% |
| 1999 | -359.59 million constant 2000 US$ | +20.1% |
| 2000 | -271.56 million constant 2000 US$ | -24.5% |
| 2001 | -288.24 million constant 2000 US$ | +6.1% |
| 2002 | -254.40 million constant 2000 US$ | -11.7% |
| 2003 | -399.14 million constant 2000 US$ | +56.9% |
| 2004 | -305.87 million constant 2000 US$ | -23.4% |
| 2005 | -229.80 million constant 2000 US$ | -24.9% |
| 2006 | -187.34 million constant 2000 US$ | -18.5% |
| 2007 | -177.30 million constant 2000 US$ | -5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -240.30 million constant 2000 US$ | -359.59 million constant 2000 US$ | -143.17 million constant 2000 US$ | 8 |
| 2000s | -264.21 million constant 2000 US$ | -399.14 million constant 2000 US$ | -177.30 million constant 2000 US$ | 8 |
Countries ranked near Eritrea
- 32 Central African Republic 35.82 million constant 2000 US$ compare
- 33 Gambia -386,942 constant 2000 US$ compare
- 34 Eswatini -86.88 million constant 2000 US$ compare
- 36 Liberia -204.73 million constant 2000 US$ compare
- 37 Lesotho -508.28 million constant 2000 US$ compare
- 38 Mozambique -1.71 billion constant 2000 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)
- GDP (constant 2015 US$), annual growth rate 8.68 % change on previous year (2011)
- GDP (constant 2015 US$), per unit of GDP 1.09 constant 2015 US$ per US$ of GDP (2011)
- GDP (constant 2015 US$), per capita 751.38 constant 2015 US$ per person (2011)
- GDP (constant LCU), annual growth rate 8.68 % change on previous year (2011)
- GDP (constant LCU), per unit of GDP 15.38 constant LCU per US$ of GDP (2011)
- GDP (constant LCU), per capita 10,588 constant LCU per person (2011)
- Gross domestic savings (current US$), annual growth rate 29.25 % change on previous year (2011)
- Gross domestic savings (current US$), per unit of GDP -0.2479 current US$ per US$ of GDP (2011)
Frequently asked questions
- What is gross domestic savings, total in Eritrea?
- Gross domestic savings, total in Eritrea was -177.30 million constant 2000 US$ in 2007, according to World Bank country economists.
- What is the highest gross domestic savings, total recorded in Eritrea?
- The highest recorded value was -143.17 million constant 2000 US$ in 1993.
- What is the lowest gross domestic savings, total recorded in Eritrea?
- The lowest recorded value was -399.14 million constant 2000 US$ in 2003.
- How does Eritrea rank for gross domestic savings, total?
- Eritrea ranks 35th out of 39 countries with data for 2007.
- Is gross domestic savings, total rising or falling in Eritrea?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from World Bank country economists, published as part of Gross domestic savings, total (constant 2000 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as the difference between GDP and total consumption. Data are in constant 2000 U.S. dollars.