Ppp conversion factor for private consumption in Eritrea
Eritrea: Ppp conversion factor for private consumption was 5.2 in 2021. ▼ Falling
Ppp conversion factor for private consumption in Eritrea, 2011–2021
Source: Our World in Data.
Analysis
In 2021, ppp conversion factor for private consumption in Eritrea stood at 5.2.
That represents a change of up 4.2% on the previous year and down 19.3% over ten years.
Over the whole period, ppp conversion factor for private consumption in Eritrea peaked at 7.61 in 2015 and was at its lowest, 4.58, in 2018.
That places Eritrea 108th out of 204 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Ppp conversion factor for private consumption in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 6.44 | — |
| 2012 | 6.24 | -3.1% |
| 2013 | 6.15 | -1.5% |
| 2014 | 6.28 | +2.2% |
| 2015 | 7.61 | +21.1% |
| 2016 | 6.69 | -12.0% |
| 2017 | 5.36 | -19.9% |
| 2018 | 4.58 | -14.5% |
| 2019 | 4.67 | +1.8% |
| 2020 | 4.99 | +6.8% |
| 2021 | 5.2 | +4.2% |
Eritrea compared with similar countries
- Eritrea's 5.2 is below the median for low income countries, which is 211.17, 2% of the median. (24 countries reporting)
- Eritrea's 5.2 is below the median for Sub-Saharan Africa, which is 197.88, 3% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6 | 4.58 | 7.61 | 9 |
| 2020s | 5.09 | 4.99 | 5.2 | 2 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Real gdp growth, annual growth rate -70.56 % change on previous year (2019)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is ppp conversion factor for private consumption in Eritrea?
- Ppp conversion factor for private consumption in Eritrea was 5.2 in 2021, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Eritrea?
- The highest recorded value was 7.61 in 2015.
- What is the lowest ppp conversion factor for private consumption recorded in Eritrea?
- The lowest recorded value was 4.58 in 2018.
- How does Eritrea rank for ppp conversion factor for private consumption?
- Eritrea ranks 108th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Eritrea?
- Over the last ten years it is down 19.3%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).