Net trade in goods and services (BoP, current US$), annual growth rate in Eritrea
Eritrea: Net trade in goods and services (BoP, current US$), annual growth rate was 26.44 % change on previous year in 2000. ◆ Volatile
Net trade in goods and services (BoP, current US$), annual growth rate in Eritrea, 1993–2000
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2000, net trade in goods and services (bop, current us$), annual growth rate in Eritrea stood at 26.44 % change on previous year. That is the highest value across all 8 years on record.
The figure is up 297.5% on the previous year and up 12.7% over ten years.
Eritrea ranks 44th of 199 countries on this measure, in the top quarter.
Net trade in goods and services (BoP, current US$), annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 23.46 % change on previous year | — |
| 1994 | -64.1 % change on previous year | -373.2% |
| 1995 | -10.61 % change on previous year | -83.4% |
| 1996 | -11.01 % change on previous year | +3.8% |
| 1997 | -0.8223 % change on previous year | -92.5% |
| 1998 | -44 % change on previous year | +5250.8% |
| 1999 | 6.65 % change on previous year | -115.1% |
| 2000 | 26.44 % change on previous year | +297.5% |
Eritrea compared with similar countries
- Eritrea's 26.44 % change on previous year is above the median for low income countries, which is 5.95 % change on previous year, 4.4× the median. (23 countries reporting)
- Eritrea's 26.44 % change on previous year is above the median for Sub-Saharan Africa, which is 2.26 % change on previous year, 11.7× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -14.35 % change on previous year | -64.1 % change on previous year | 23.46 % change on previous year | 7 |
| 2000s | 26.44 % change on previous year | 26.44 % change on previous year | 26.44 % change on previous year | 1 |
Countries ranked near Eritrea
- 41 Chile 28.95 % change on previous year compare
- 42 Papua New Guinea 28 % change on previous year compare
- 43 South Korea 27.09 % change on previous year compare
- 45 Kyrgyzstan 25.65 % change on previous year compare
- 46 Sao Tome and Principe 24.37 % change on previous year compare
- 47 Costa Rica 24.23 % change on previous year compare
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- Foreign direct investment, net inflows (BoP, current US$), 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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is net trade in goods and services (bop, current us$), annual growth rate in Eritrea?
- Net trade in goods and services (bop, current us$), annual growth rate in Eritrea was 26.44 % change on previous year in 2000, according to Statizoid (derived).
- What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Eritrea?
- The highest recorded value was 26.44 % change on previous year in 2000.
- What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Eritrea?
- The lowest recorded value was -64.1 % change on previous year in 1994.
- How does Eritrea rank for net trade in goods and services (bop, current us$), annual growth rate?
- Eritrea ranks 44th out of 199 countries with data for 2000.
- Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Eritrea?
- Over the last ten years it is up 12.7%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 8 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.