PPP conversion factor for private consumption in Eritrea
Eritrea: PPP conversion factor for private consumption was 5.2 LCU per international $ in 2021. ▼ Falling
Latest (2021)
5.2 LCU per international $
Change on year
up 4.2%
World rank
108th
of 204 countries
All-time high
7.61 LCU per international $
in 2015
All-time low
4.58 LCU per international $
in 2018
Years of data
11
2011–2021
PPP conversion factor for private consumption in Eritrea, 2011–2021
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
In 2021, ppp conversion factor for private consumption in Eritrea stood at 5.2 LCU per international $.
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 LCU per international $ in 2015 and was at its lowest, 4.58 LCU per international $, 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 | LCU per international $ | Change |
|---|---|---|
| 2011 | 6.44 LCU per international $ | — |
| 2012 | 6.24 LCU per international $ | -3.1% |
| 2013 | 6.15 LCU per international $ | -1.5% |
| 2014 | 6.28 LCU per international $ | +2.2% |
| 2015 | 7.61 LCU per international $ | +21.1% |
| 2016 | 6.69 LCU per international $ | -12.0% |
| 2017 | 5.36 LCU per international $ | -19.9% |
| 2018 | 4.58 LCU per international $ | -14.5% |
| 2019 | 4.67 LCU per international $ | +1.8% |
| 2020 | 4.99 LCU per international $ | +6.8% |
| 2021 | 5.2 LCU per international $ | +4.2% |
Eritrea compared with similar countries
- Eritrea's 5.2 LCU per international $ is below the median for low income countries, which is 211.17 LCU per international $, 2% of the median. (24 countries reporting)
- Eritrea's 5.2 LCU per international $ is below the median for Sub-Saharan Africa, which is 197.88 LCU per international $, 3% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6 LCU per international $ | 4.58 LCU per international $ | 7.61 LCU per international $ | 9 |
| 2020s | 5.09 LCU per international $ | 4.99 LCU per international $ | 5.2 LCU per international $ | 2 |
Countries ranked near Eritrea
- 105 Hong Kong 5.77 LCU per international $ compare
- 106 Botswana 5.31 LCU per international $ compare
- 107 Ghana 5.25 LCU per international $ compare
- 109 Macao 4.95 LCU per international $ compare
- 110 Morocco 3.96 LCU per international $ compare
- 111 Trinidad and Tobago 3.84 LCU per international $ 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 ppp conversion factor for private consumption in Eritrea?
- Ppp conversion factor for private consumption in Eritrea was 5.2 LCU per international $ in 2021, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Eritrea?
- The highest recorded value was 7.61 LCU per international $ in 2015.
- What is the lowest ppp conversion factor for private consumption recorded in Eritrea?
- The lowest recorded value was 4.58 LCU per international $ 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 ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by 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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