Net secondary income (Net current transfers from abroad) in Eritrea
Eritrea: Net secondary income (Net current transfers from abroad) was 5.43 billion current LCU in 2009. ▲ Rising
Net secondary income (Net current transfers from abroad) in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Eritrea is 5.43 billion current LCU, measured in 2009.
That represents a change of up 107.4% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Eritrea peaked at 5.73 billion current LCU in 2003 and was at its lowest, 782.37 million current LCU, in 1992.
Eritrea ranks 100th of 202 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Net secondary income (Net current transfers from abroad) in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 782.37 million current LCU | — |
| 1993 | 955.37 million current LCU | +22.1% |
| 1994 | 1.97 billion current LCU | +106.4% |
| 1995 | 1.52 billion current LCU | -22.9% |
| 1996 | 1.72 billion current LCU | +13.3% |
| 1997 | 2.91 billion current LCU | +68.8% |
| 1998 | 2.24 billion current LCU | -22.9% |
| 1999 | 2.62 billion current LCU | +16.9% |
| 2000 | 3.35 billion current LCU | +28.2% |
| 2001 | 4.26 billion current LCU | +26.9% |
| 2002 | 5.36 billion current LCU | +26.0% |
| 2003 | 5.73 billion current LCU | +6.9% |
| 2004 | 5.59 billion current LCU | -2.5% |
| 2005 | 5.70 billion current LCU | +2.0% |
| 2006 | 5.43 billion current LCU | -4.8% |
| 2007 | 5.43 billion current LCU | +0.0% |
| 2008 | 5.43 billion current LCU | +0.0% |
| 2009 | 5.43 billion current LCU | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.84 billion current LCU | 782.37 million current LCU | 2.91 billion current LCU | 8 |
| 2000s | 5.17 billion current LCU | 3.35 billion current LCU | 5.73 billion current LCU | 10 |
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 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 secondary income (net current transfers from abroad) in Eritrea?
- Net secondary income (net current transfers from abroad) in Eritrea was 5.43 billion current LCU in 2009, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Eritrea?
- The highest recorded value was 5.73 billion current LCU in 2003.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Eritrea?
- The lowest recorded value was 782.37 million current LCU in 1992.
- How does Eritrea rank for net secondary income (net current transfers from abroad)?
- Eritrea ranks 100th out of 202 countries with data for 2009.
- Is net secondary income (net current transfers from abroad) rising or falling in Eritrea?
- Over the last ten years it is up 107.4%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.