Gross savings (current LCU), per unit of GDP in Eritrea
Eritrea: Gross savings (current LCU), per unit of GDP was 1.52 current LCU per US$ of GDP in 2000. ▼ Falling
Gross savings (current LCU), per unit of GDP in Eritrea, 1992–2000
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross savings (current lcu), per unit of gdp in Eritrea is 1.52 current LCU per US$ of GDP, measured in 2000.
Compared with earlier readings it is up 7.9% on the previous year and down 51.5% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Eritrea peaked at 3.35 current LCU per US$ of GDP in 1994 and was at its lowest, 0.4633 current LCU per US$ of GDP, in 1998.
That places Eritrea 100th out of 178 countries with data for 2000, putting it in the middle of the range.
Gross savings (current LCU), per unit of GDP in Eritrea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1992 | 3.14 current LCU per US$ of GDP | — |
| 1993 | 2.16 current LCU per US$ of GDP | -31.2% |
| 1994 | 3.35 current LCU per US$ of GDP | +55.3% |
| 1995 | 1.22 current LCU per US$ of GDP | -63.5% |
| 1996 | 1.2 current LCU per US$ of GDP | -1.7% |
| 1997 | 2.53 current LCU per US$ of GDP | +110.2% |
| 1998 | 0.4633 current LCU per US$ of GDP | -81.7% |
| 1999 | 1.41 current LCU per US$ of GDP | +204.7% |
| 2000 | 1.52 current LCU per US$ of GDP | +7.9% |
Eritrea compared with similar countries
- Eritrea's 1.52 current LCU per US$ of GDP is below the median for low income countries, which is 79.11 current LCU per US$ of GDP, 2% of the median. (20 countries reporting)
- Eritrea's 1.52 current LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 54.82 current LCU per US$ of GDP, 3% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.93 current LCU per US$ of GDP | 0.4633 current LCU per US$ of GDP | 3.35 current LCU per US$ of GDP | 8 |
| 2000s | 1.52 current LCU per US$ of GDP | 1.52 current LCU per US$ of GDP | 1.52 current LCU per US$ of GDP | 1 |
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)
- 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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Eritrea?
- Gross savings (current lcu), per unit of gdp in Eritrea was 1.52 current LCU per US$ of GDP in 2000, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Eritrea?
- The highest recorded value was 3.35 current LCU per US$ of GDP in 1994.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 0.4633 current LCU per US$ of GDP in 1998.
- How does Eritrea rank for gross savings (current lcu), per unit of gdp?
- Eritrea ranks 100th out of 178 countries with data for 2000.
- Is gross savings (current lcu), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is down 51.5%. 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 savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- 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 savings (current 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.