Gross savings in Eritrea
Eritrea: Gross savings was 1.08 billion current LCU in 2000. ▼ Falling
Gross savings in Eritrea, 1992–2000
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2000, gross savings in Eritrea stood at 1.08 billion current LCU.
The figure is up 10.6% on the previous year and down 28.2% over ten years.
Over the whole period, gross savings in Eritrea peaked at 1.78 billion current LCU in 1994 and was at its lowest, 345.41 million current LCU, in 1998.
Eritrea ranks 162nd of 177 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.11 billion current LCU | 345.41 million current LCU | 1.78 billion current LCU | 8 |
| 2000s | 1.08 billion current LCU | 1.08 billion current LCU | 1.08 billion current LCU | 1 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- External balance on goods and services as a percent of GDP -11.1% (2011)
- GDP per capita 751.38 constant 2015 US$ (2011)
- Share of manufacturing in gross domestic product (GDP) 5.5% (2009)
- Gross domestic product (GDP) 2.25 billion constant 2015 US$ (2011)
- GDP per capita in international and market dollars 751.38 constant 2015 US$ (2011)
- DEC alternative conversion factor 15.07 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.43 billion current LCU (2009)
- Net secondary income (Net current transfers from abroad) 353.00 million current US$ (2009)
- Taxes less subsidies on products 795.00 million current LCU (2009)
- Taxes less subsidies on products 51.71 million current US$ (2009)
Frequently asked questions
- What is gross savings in Eritrea?
- Gross savings in Eritrea was 1.08 billion current LCU in 2000, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Eritrea?
- The highest recorded value was 1.78 billion current LCU in 1994.
- What is the lowest gross savings recorded in Eritrea?
- The lowest recorded value was 345.41 million current LCU in 1998.
- How does Eritrea rank for gross savings?
- Eritrea ranks 162nd out of 177 countries with data for 2000.
- Is gross savings rising or falling in Eritrea?
- Over the last ten years it is down 28.2%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.