Gross National Income — Value Standard Local Currency in Eritrea
Eritrea: Gross National Income — Value Standard Local Currency was 33,909 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Eritrea, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Eritrea recorded 33,909 million SLC for gross national income — value standard local currency in 2023.
The figure is down 4.5% on the previous year and up 13.9% over ten years.
Over the whole period, gross national income — value standard local currency in Eritrea peaked at 39,584 million SLC in 2014 and was at its lowest, 1,522 million SLC, in 1990.
That places Eritrea 155th out of 202 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 National Income — Value Standard Local Currency in Eritrea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 1,522 million SLC | — |
| 1991 | 1,837 million SLC | +20.7% |
| 1992 | 2,191 million SLC | +19.2% |
| 1993 | 2,528 million SLC | +15.4% |
| 1994 | 3,452 million SLC | +36.6% |
| 1995 | 3,995 million SLC | +15.7% |
| 1996 | 4,706 million SLC | +17.8% |
| 1997 | 5,322 million SLC | +13.1% |
| 1998 | 5,992 million SLC | +12.6% |
| 1999 | 6,528 million SLC | +8.9% |
| 2000 | 6,803 million SLC | +4.2% |
| 2001 | 8,482 million SLC | +24.7% |
| 2002 | 10,095 million SLC | +19.0% |
| 2003 | 11,943 million SLC | +18.3% |
| 2004 | 15,080 million SLC | +26.3% |
| 2005 | 16,736 million SLC | +11.0% |
| 2006 | 14,308 million SLC | -14.5% |
| 2007 | 15,596 million SLC | +9.0% |
| 2008 | 14,066 million SLC | -9.8% |
| 2009 | 19,763 million SLC | +40.5% |
| 2010 | 24,137 million SLC | +22.1% |
| 2011 | 31,387 million SLC | +30.0% |
| 2012 | 34,273 million SLC | +9.2% |
| 2013 | 29,760 million SLC | -13.2% |
| 2014 | 39,584 million SLC | +33.0% |
| 2015 | 30,600 million SLC | -22.7% |
| 2016 | 32,986 million SLC | +7.8% |
| 2017 | 28,375 million SLC | -14.0% |
| 2018 | 29,890 million SLC | +5.3% |
| 2019 | 29,536 million SLC | -1.2% |
| 2020 | 31,478 million SLC | +6.6% |
| 2021 | 32,965 million SLC | +4.7% |
| 2022 | 35,518 million SLC | +7.7% |
| 2023 | 33,909 million SLC | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,807 million SLC | 1,522 million SLC | 6,528 million SLC | 10 |
| 2000s | 13,287 million SLC | 6,803 million SLC | 19,763 million SLC | 10 |
| 2010s | 31,053 million SLC | 24,137 million SLC | 39,584 million SLC | 10 |
| 2020s | 33,468 million SLC | 31,478 million SLC | 35,518 million SLC | 4 |
Countries ranked near Eritrea
- 152 Estonia 36,993 million SLC compare
- 153 Jordan 35,897 million SLC compare
- 154 Yemen Ar Rp 35,248 million SLC
- 156 El Salvador 31,874 million SLC compare
- 157 Zimbabwe 29,993 million SLC compare
- 158 Seychelles 29,780 million SLC 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9721 current US$ per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current US$), per capita 625.02 current US$ per person (2009)
- Gross value added at basic prices (GVA) (current LCU), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 14.95 current LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current LCU), per capita 9,610 current LCU per person (2009)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.29 % change on previous year (2009)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 3.86 constant LCU per US$ of GDP (2009)
Frequently asked questions
- What is gross national income — value standard local currency in Eritrea?
- Gross national income — value standard local currency in Eritrea was 33,909 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Eritrea?
- The highest recorded value was 39,584 million SLC in 2014.
- What is the lowest gross national income — value standard local currency recorded in Eritrea?
- The lowest recorded value was 1,522 million SLC in 1990.
- How does Eritrea rank for gross national income — value standard local currency?
- Eritrea ranks 155th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Eritrea?
- Over the last ten years it is up 13.9%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).