Net primary income (Net income from abroad) in Eritrea
Eritrea: Net primary income (Net income from abroad) was -23.55 million current US$ 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 US$.
Analysis
In 2011, net primary income (net income from abroad) in Eritrea stood at -23.55 million current US$. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 20.0% on the previous year and down 898.7% over ten years.
Over the whole period, net primary income (net income from abroad) in Eritrea peaked at 7.55 million current US$ in 1995 and was at its lowest, -23.55 million current US$, in 2011.
Eritrea ranks 60th of 207 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (Net income from abroad) in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 0 current US$ | — |
| 1993 | 0 current US$ | — |
| 1994 | 200,000 current US$ | — |
| 1995 | 7.55 million current US$ | +3675.0% |
| 1996 | -7.70 million current US$ | -202.0% |
| 1997 | -3.17 million current US$ | -58.8% |
| 1998 | 4.31 million current US$ | -235.7% |
| 1999 | 6.10 million current US$ | +41.6% |
| 2000 | 475,657 current US$ | -92.2% |
| 2001 | -2.36 million current US$ | -595.7% |
| 2002 | -6.10 million current US$ | +158.8% |
| 2003 | -9.66 million current US$ | +58.4% |
| 2004 | -15.29 million current US$ | +58.3% |
| 2005 | -9.42 million current US$ | -38.4% |
| 2006 | -8.70 million current US$ | -7.6% |
| 2007 | -7.23 million current US$ | -16.9% |
| 2008 | -11.75 million current US$ | +62.6% |
| 2009 | -16.16 million current US$ | +37.5% |
| 2010 | -19.63 million current US$ | +21.4% |
| 2011 | -23.55 million current US$ | +20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 910,094 current US$ | -7.70 million current US$ | 7.55 million current US$ | 8 |
| 2000s | -8.62 million current US$ | -16.16 million current US$ | 475,657 current US$ | 10 |
| 2010s | -21.59 million current US$ | -23.55 million current US$ | -19.63 million current US$ | 2 |
Countries ranked near Eritrea
- 57 Saint Kitts and Nevis -11.10 million current US$ compare
- 58 Dominica -18.51 million current US$ compare
- 59 Turks and Caicos Islands -23.50 million current US$
- 61 Saint Vincent and the Grenadines -25.05 million current US$ compare
- 62 Gambia -33.93 million current US$ compare
- 63 Cape Verde -39.60 million current US$ compare
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 domestic savings (current US$), annual growth rate 29.25 % change on previous year (2011)
- Gross domestic savings (current US$), per unit of GDP -0.2479 current US$ per US$ of GDP (2011)
- Gross domestic savings (current US$), per capita -170.72 current US$ per person (2011)
- Gross domestic savings (current LCU), annual growth rate 29.25 % change on previous year (2011)
- Gross domestic savings (current LCU), per unit of GDP -3.81 current LCU per US$ of GDP (2011)
- Gross domestic savings (current LCU), per capita -2,625 current LCU per person (2011)
- GNI, Atlas method (current US$), annual growth rate 18.91 % change on previous year (2011)
- GNI, Atlas method (current US$), per unit of GDP 0.9399 current US$ per US$ of GDP (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 -23.55 million current US$ 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 7.55 million current US$ in 1995.
- What is the lowest net primary income (net income from abroad) recorded in Eritrea?
- The lowest recorded value was -23.55 million current US$ in 2011.
- How does Eritrea rank for net primary income (net income from abroad)?
- Eritrea ranks 60th 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 898.7%. 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 US$). 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 indicator is expressed in United States dollars.