Annual GDP growth in Eritrea
Eritrea: Annual GDP growth was 3.8% in 2019. ◆ Volatile
Annual GDP growth in Eritrea, 1993–2019
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
Eritrea recorded 3.8% for annual gdp growth in 2019.
The figure is down 70.6% on the previous year and down 68.5% over ten years.
Over the whole period, annual gdp growth in Eritrea peaked at 30.9% in 2014 and was at its lowest, -20.6%, in 2015.
Eritrea ranks 80th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.9% | 0.2% | 20.9% | 7 |
| 2000s | -0.6% | -19.4% | 12.2% | 10 |
| 2010s | 5.3% | -20.6% | 30.9% | 10 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- External balance on goods and services as a percent of GDP -11.1% (2011)
- GDP per capita 751.38 constant 2015 US$ (2011)
- Share of manufacturing in gross domestic product (GDP) 5.5% (2009)
- Gross domestic product (GDP) 2.25 billion constant 2015 US$ (2011)
- GDP per capita in international and market dollars 751.38 constant 2015 US$ (2011)
- DEC alternative conversion factor 15.07 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.43 billion current LCU (2009)
- Net secondary income (Net current transfers from abroad) 353.00 million current US$ (2009)
- Taxes less subsidies on products 795.00 million current LCU (2009)
- Taxes less subsidies on products 51.71 million current US$ (2009)
Frequently asked questions
- What is annual gdp growth in Eritrea?
- Annual gdp growth in Eritrea was 3.8% in 2019, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Eritrea?
- The highest recorded value was 30.9% in 2014.
- What is the lowest annual gdp growth recorded in Eritrea?
- The lowest recorded value was -20.6% in 2015.
- How does Eritrea rank for annual gdp growth?
- Eritrea ranks 80th out of 196 countries with data for 2019.
- Is annual gdp growth rising or falling in Eritrea?
- Over the last ten years it is down 68.5%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.