Gross national expenditure (constant LCU), per unit of GDP in Eritrea
Eritrea: Gross national expenditure (constant LCU), per unit of GDP was 21.13 constant LCU per US$ of GDP in 2011. ▼ Falling
Gross national expenditure (constant LCU), per unit of GDP in Eritrea, 1992–2011
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2011, gross national expenditure (constant lcu), per unit of gdp in Eritrea stood at 21.13 constant LCU per US$ of GDP. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 284.5% on the previous year and up 42.4% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Eritrea peaked at 21.13 constant LCU per US$ of GDP in 2011 and was at its lowest, 4.57 constant LCU per US$ of GDP, in 2009.
That places Eritrea 70th out of 169 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 national expenditure (constant LCU), per unit of GDP in Eritrea, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1992 | 14.1 constant LCU per US$ of GDP | — |
| 1993 | 14.99 constant LCU per US$ of GDP | +6.4% |
| 1994 | 16.66 constant LCU per US$ of GDP | +11.1% |
| 1995 | 16.08 constant LCU per US$ of GDP | -3.5% |
| 1996 | 14.69 constant LCU per US$ of GDP | -8.7% |
| 1997 | 15.77 constant LCU per US$ of GDP | +7.4% |
| 1998 | 15.67 constant LCU per US$ of GDP | -0.6% |
| 1999 | 17.5 constant LCU per US$ of GDP | +11.7% |
| 2000 | 14.3 constant LCU per US$ of GDP | -18.3% |
| 2001 | 14.84 constant LCU per US$ of GDP | +3.8% |
| 2002 | 15.64 constant LCU per US$ of GDP | +5.4% |
| 2003 | 14.05 constant LCU per US$ of GDP | -10.2% |
| 2004 | 10.99 constant LCU per US$ of GDP | -21.7% |
| 2005 | 10.21 constant LCU per US$ of GDP | -7.1% |
| 2006 | 7.77 constant LCU per US$ of GDP | -23.9% |
| 2007 | 6.73 constant LCU per US$ of GDP | -13.5% |
| 2008 | 5.85 constant LCU per US$ of GDP | -13.0% |
| 2009 | 4.57 constant LCU per US$ of GDP | -21.9% |
| 2010 | 5.49 constant LCU per US$ of GDP | +20.3% |
| 2011 | 21.13 constant LCU per US$ of GDP | +284.5% |
Eritrea compared with similar countries
- Eritrea's 21.13 constant LCU per US$ of GDP is below the median for low income countries, which is 311.77 constant LCU per US$ of GDP, 7% of the median. (21 countries reporting)
- Eritrea's 21.13 constant LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 227.97 constant LCU per US$ of GDP, 9% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (constant LCU), per unit of GDP 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 |
|---|---|---|---|
| 2011 | +284.5% | 5.49 constant LCU per US$ of GDP | 21.13 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.68 constant LCU per US$ of GDP | 14.1 constant LCU per US$ of GDP | 17.5 constant LCU per US$ of GDP | 8 |
| 2000s | 10.49 constant LCU per US$ of GDP | 4.57 constant LCU per US$ of GDP | 15.64 constant LCU per US$ of GDP | 10 |
| 2010s | 13.31 constant LCU per US$ of GDP | 5.49 constant LCU per US$ of GDP | 21.13 constant LCU per US$ of GDP | 2 |
Countries ranked near Eritrea
- 67 Ethiopia 24.44 constant LCU per US$ of GDP
- 68 Haiti 22.95 constant LCU per US$ of GDP compare
- 69 Uruguay 21.64 constant LCU per US$ of GDP compare
- 71 Czechia 15.6 constant LCU per US$ of GDP compare
- 72 Ukraine 15.33 constant LCU per US$ of GDP compare
- 73 Namibia 14.82 constant LCU per US$ of GDP 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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Eritrea?
- Gross national expenditure (constant lcu), per unit of gdp in Eritrea was 21.13 constant LCU per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Eritrea?
- The highest recorded value was 21.13 constant LCU per US$ of GDP in 2011.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 4.57 constant LCU per US$ of GDP in 2009.
- How does Eritrea rank for gross national expenditure (constant lcu), per unit of gdp?
- Eritrea ranks 70th out of 169 countries with data for 2011.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is up 42.4%. 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 national expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- 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 national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.