Net primary income (Net income from abroad) in Eritrea
Eritrea: Net primary income (Net income from abroad) was -362.03 million current LCU in 2011. ◆ Volatile
Net primary income (Net income from abroad) in Eritrea, 1992–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2011, net primary income (net income from abroad) in Eritrea stood at -362.03 million current LCU. That is the lowest value across all 20 years on record.
That represents a change of down 20.0% on the previous year and down 1,257.7% over ten years.
Over the whole period, net primary income (net income from abroad) in Eritrea peaked at 49.72 million current LCU in 1999 and was at its lowest, -362.03 million current LCU, in 2011.
That places Eritrea 66th out of 207 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (Net income from abroad) in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 0 current LCU | — |
| 1993 | 0 current LCU | — |
| 1994 | 1.23 million current LCU | — |
| 1995 | 48.32 million current LCU | +3822.1% |
| 1996 | -48.95 million current LCU | -201.3% |
| 1997 | -22.86 million current LCU | -53.3% |
| 1998 | 31.71 million current LCU | -238.7% |
| 1999 | 49.72 million current LCU | +56.8% |
| 2000 | 4.58 million current LCU | -90.8% |
| 2001 | -26.66 million current LCU | -682.4% |
| 2002 | -85.18 million current LCU | +219.5% |
| 2003 | -134.12 million current LCU | +57.5% |
| 2004 | -210.87 million current LCU | +57.2% |
| 2005 | -144.80 million current LCU | -31.3% |
| 2006 | -133.80 million current LCU | -7.6% |
| 2007 | -111.13 million current LCU | -16.9% |
| 2008 | -180.72 million current LCU | +62.6% |
| 2009 | -248.49 million current LCU | +37.5% |
| 2010 | -301.78 million current LCU | +21.4% |
| 2011 | -362.03 million current LCU | +20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.40 million current LCU | -48.95 million current LCU | 49.72 million current LCU | 8 |
| 2000s | -127.12 million current LCU | -248.49 million current LCU | 4.58 million current LCU | 10 |
| 2010s | -331.90 million current LCU | -362.03 million current LCU | -301.78 million current LCU | 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)
- 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)
- Gross value added at basic prices (GVA) (constant LCU), per capita 2,480 constant LCU per person (2009)
- GDP (current US$), annual growth rate 29.91 % change on previous year (2011)
- GDP (current US$), per capita 688.68 current US$ per person (2011)
Frequently asked questions
- What is net primary income (net income from abroad) in Eritrea?
- Net primary income (net income from abroad) in Eritrea was -362.03 million current LCU in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net primary income (net income from abroad) recorded in Eritrea?
- The highest recorded value was 49.72 million current LCU in 1999.
- What is the lowest net primary income (net income from abroad) recorded in Eritrea?
- The lowest recorded value was -362.03 million current LCU in 2011.
- How does Eritrea rank for net primary income (net income from abroad)?
- Eritrea ranks 66th out of 207 countries with data for 2011.
- Is net primary income (net income from abroad) rising or falling in Eritrea?
- Over the last ten years it is down 1,257.7%. 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 Net primary income (Net income from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.