Gross savings in Eritrea
Eritrea: Gross savings was 111.75 million current US$ in 2000. ◆ Volatile
Gross savings in Eritrea, 1992–2000
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Eritrea recorded 111.75 million current US$ for gross savings in 2000.
That represents a change of down 6.3% on the previous year and down 65.8% over ten years.
Over the whole period, gross savings in Eritrea peaked at 326.70 million current US$ in 1992 and was at its lowest, 46.92 million current US$, in 1998.
That places Eritrea 167th out of 178 countries with data for 2000, putting it in the bottom quarter.
Gross savings in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 326.70 million current US$ | — |
| 1993 | 193.09 million current US$ | -40.9% |
| 1994 | 289.20 million current US$ | +49.8% |
| 1995 | 110.44 million current US$ | -61.8% |
| 1996 | 131.16 million current US$ | +18.8% |
| 1997 | 240.98 million current US$ | +83.7% |
| 1998 | 46.92 million current US$ | -80.5% |
| 1999 | 119.30 million current US$ | +154.3% |
| 2000 | 111.75 million current US$ | -6.3% |
Eritrea compared with similar countries
- Eritrea's 111.75 million current US$ is below the median for low income countries, which is 2.01 billion current US$, 6% of the median. (20 countries reporting)
- Eritrea's 111.75 million current US$ is below the median for Sub-Saharan Africa, which is 3.44 billion current US$, 3% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 182.22 million current US$ | 46.92 million current US$ | 326.70 million current US$ | 8 |
| 2000s | 111.75 million current US$ | 111.75 million current US$ | 111.75 million current US$ | 1 |
Countries ranked near Eritrea
- 164 Guyana 144.15 million current US$ compare
- 165 Central African Republic 128.46 million current US$
- 166 Tonga 120.05 million current US$ compare
- 168 Marshall Islands 108.55 million current US$
- 169 Vanuatu 82.41 million current US$ compare
- 170 Sao Tome and Principe 74.40 million current US$
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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is gross savings in Eritrea?
- Gross savings in Eritrea was 111.75 million current US$ 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 326.70 million current US$ in 1992.
- What is the lowest gross savings recorded in Eritrea?
- The lowest recorded value was 46.92 million current US$ in 1998.
- How does Eritrea rank for gross savings?
- Eritrea ranks 167th out of 178 countries with data for 2000.
- Is gross savings rising or falling in Eritrea?
- Over the last ten years it is down 65.8%. The long-run trend across the full record is volatile.
- 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 US$). 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 indicator is expressed in United States dollars.