Annual GDP growth in Eritrea

Eritrea: Annual GDP growth was 3.8% in 2019. ◆ Volatile

Latest (2019)
3.8%
Change on year
down 70.6%
World rank
80th
of 196 countries
All-time high
30.9%
in 2014
All-time low
-20.6%
in 2015
Years of data
27
1993–2019

Annual GDP growth in Eritrea, 1993–2019

-20020401993200620191993: 12.9 %1994: 20.9 %1995: 2.3 %1996: 9.1 %1997: 7.9 %1998: 2 %1999: 0.187 %2000: -12.4 %2001: 8.8 %2002: 3 %2003: -2.7 %2004: 1.5 %2005: 2.6 %2006: -0.969 %2007: 1.4 %2008: -19.4 %2009: 12.2 %2010: 10.9 %2011: 25.7 %2012: 1.9 %2013: -10.5 %2014: 30.9 %2015: -20.6 %2016: 7.4 %2017: -10 %2018: 13 %2019: 3.8 %

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

DecadeAverage LowestHighest 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

  1. 78 Andorra 3.9% compare
  2. 79 Papua New Guinea 3.9% compare
  3. 81 Zambia 3.8% compare
  4. 82 Morocco 3.8% compare
  5. 83 Cyprus 3.8% compare

See the full ranking of 198 places →

More economy & growth data for Eritrea

All data for Eritrea →

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

Indicator
Annual GDP growth
Unit
%
Source
International Monetary Fund (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 8,084 data points, 1980–2026
Last refreshed

Annual percent change in gross domestic product. This data is adjusted for inflation.