PPP conversion factor, GDP (LCU per international $) (International) in Eritrea
Eritrea: PPP conversion factor, GDP (LCU per international $) (International) was 4.94 LCU per international $ in 2021. ▲ Rising
PPP conversion factor, GDP in Eritrea, 1992–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
Eritrea recorded 4.94 LCU per international $ for ppp conversion factor, gdp in 2021.
The figure is down 1.5% on the previous year and down 18.7% over ten years.
Over the whole period, ppp conversion factor, gdp in Eritrea peaked at 6.38 LCU per international $ in 2012 and was at its lowest, 1.02 LCU per international $, in 1993.
That places Eritrea 108th out of 205 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
PPP conversion factor, GDP (LCU per international $) (International) in Eritrea, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1992 | 1.06 LCU per international $ | — |
| 1993 | 1.02 LCU per international $ | -3.7% |
| 1994 | 1.22 LCU per international $ | +19.6% |
| 1995 | 1.33 LCU per international $ | +9.0% |
| 1996 | 1.43 LCU per international $ | +7.1% |
| 1997 | 1.46 LCU per international $ | +2.1% |
| 1998 | 1.58 LCU per international $ | +7.9% |
| 1999 | 1.59 LCU per international $ | +0.9% |
| 2000 | 1.94 LCU per international $ | +22.2% |
| 2001 | 2.19 LCU per international $ | +12.5% |
| 2002 | 2.5 LCU per international $ | +14.4% |
| 2003 | 2.99 LCU per international $ | +19.5% |
| 2004 | 3.63 LCU per international $ | +21.5% |
| 2005 | 3.79 LCU per international $ | +4.4% |
| 2006 | 4.09 LCU per international $ | +8.1% |
| 2007 | 4.28 LCU per international $ | +4.5% |
| 2008 | 4.87 LCU per international $ | +13.9% |
| 2009 | 6.27 LCU per international $ | +28.7% |
| 2010 | 5.19 LCU per international $ | -17.2% |
| 2011 | 6.08 LCU per international $ | +17.1% |
| 2012 | 6.38 LCU per international $ | +4.9% |
| 2013 | 6.06 LCU per international $ | -4.9% |
| 2014 | 6.03 LCU per international $ | -0.5% |
| 2015 | 5.77 LCU per international $ | -4.3% |
| 2016 | 5.74 LCU per international $ | -0.5% |
| 2017 | 5.39 LCU per international $ | -6.1% |
| 2018 | 4.96 LCU per international $ | -8.0% |
| 2019 | 4.69 LCU per international $ | -5.4% |
| 2020 | 5.01 LCU per international $ | +6.9% |
| 2021 | 4.94 LCU per international $ | -1.5% |
Eritrea compared with similar countries
- Eritrea's 4.94 LCU per international $ is below the median for low income countries, which is 206.09 LCU per international $, 2% of the median. (24 countries reporting)
- Eritrea's 4.94 LCU per international $ is below the median for Sub-Saharan Africa, which is 198.28 LCU per international $, 2% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.34 LCU per international $ | 1.02 LCU per international $ | 1.59 LCU per international $ | 8 |
| 2000s | 3.65 LCU per international $ | 1.94 LCU per international $ | 6.27 LCU per international $ | 10 |
| 2010s | 5.63 LCU per international $ | 4.69 LCU per international $ | 6.38 LCU per international $ | 10 |
| 2020s | 4.98 LCU per international $ | 4.94 LCU per international $ | 5.01 LCU per international $ | 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, gdp in Eritrea?
- Ppp conversion factor, gdp in Eritrea was 4.94 LCU per international $ in 2021, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Eritrea?
- The highest recorded value was 6.38 LCU per international $ in 2012.
- What is the lowest ppp conversion factor, gdp recorded in Eritrea?
- The lowest recorded value was 1.02 LCU per international $ in 1993.
- How does Eritrea rank for ppp conversion factor, gdp?
- Eritrea ranks 108th out of 205 countries with data for 2021.
- Is ppp conversion factor, gdp rising or falling in Eritrea?
- Over the last ten years it is down 18.7%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.