Inflation, GDP deflator in Eritrea
Eritrea: Inflation, GDP deflator was 19.5% in 2011. ◆ Volatile
Inflation, GDP deflator in Eritrea, 1993–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Eritrea is 19.5%, measured in 2011.
Compared with earlier readings it is up 220.4% on the previous year and up 29.6% over ten years.
Over the whole period, inflation, gdp deflator in Eritrea peaked at 29.5% in 2009 and was at its lowest, -16.2%, in 2010.
That places Eritrea 15th out of 212 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Eritrea, year by year
| Year | annual % | Change |
|---|---|---|
| 1993 | -1.4% | — |
| 1994 | 10.4% | -854.2% |
| 1995 | 9.8% | -6.0% |
| 1996 | 9.1% | -7.5% |
| 1997 | 3.9% | -57.1% |
| 1998 | 9.1% | +133.7% |
| 1999 | 2.3% | -74.5% |
| 2000 | 25.0% | +977.3% |
| 2001 | 15.1% | -39.6% |
| 2002 | 16.1% | +7.1% |
| 2003 | 21.9% | +35.4% |
| 2004 | 24.8% | +13.4% |
| 2005 | 7.6% | -69.3% |
| 2006 | 11.4% | +49.5% |
| 2007 | 7.3% | -36.0% |
| 2008 | 16.1% | +120.6% |
| 2009 | 29.5% | +83.5% |
| 2010 | -16.2% | -155.0% |
| 2011 | 19.5% | -220.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.2% | -1.4% | 10.4% | 7 |
| 2000s | 17.5% | 7.3% | 29.5% | 10 |
| 2010s | 1.7% | -16.2% | 19.5% | 2 |
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)
- GNI (current LCU), annual growth rate 30.04 % change on previous year (2011)
- GNI (current LCU), per unit of GDP 15.2 current LCU per US$ of GDP (2011)
- GNI (current LCU), per capita 10,468 current LCU per person (2011)
- Net primary income (Net income from abroad) (current US$), annual -19.96 % change on previous year (2011)
- Net primary income (Net income from abroad) (current LCU), annual -19.96 % change on previous year (2011)
- Taxes less subsidies on products (current US$), annual growth rate 7.43 % change on previous year (2009)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0278 current US$ per US$ of GDP (2009)
- Taxes less subsidies on products (current US$), per capita 17.9 current US$ per person (2009)
Frequently asked questions
- What is inflation, gdp deflator in Eritrea?
- Inflation, gdp deflator in Eritrea was 19.5% in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Eritrea?
- The highest recorded value was 29.5% in 2009.
- What is the lowest inflation, gdp deflator recorded in Eritrea?
- The lowest recorded value was -16.2% in 2010.
- How does Eritrea rank for inflation, gdp deflator?
- Eritrea ranks 15th out of 212 countries with data for 2011.
- Is inflation, gdp deflator rising or falling in Eritrea?
- Over the last ten years it is up 29.6%. 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 Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.