Real gdp growth in Eritrea
Eritrea: Real gdp growth was 3.84 in 2019. ◆ Volatile
Real gdp growth in Eritrea, 1993–2019
Source: Our World in Data.
Analysis
Eritrea recorded 3.84 for real 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, real gdp growth in Eritrea peaked at 30.93 in 2014 and was at its lowest, -20.62, in 2015.
Eritrea ranks 81st 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.
Real gdp growth in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 12.88 | — |
| 1994 | 20.92 | +62.4% |
| 1995 | 2.32 | -88.9% |
| 1996 | 9.14 | +293.0% |
| 1997 | 7.9 | -13.5% |
| 1998 | 1.97 | -75.1% |
| 1999 | 0.1868 | -90.5% |
| 2000 | -12.35 | -6712.6% |
| 2001 | 8.76 | -170.9% |
| 2002 | 3.01 | -65.7% |
| 2003 | -2.66 | -188.4% |
| 2004 | 1.45 | -154.7% |
| 2005 | 2.57 | +77.3% |
| 2006 | -0.9692 | -137.6% |
| 2007 | 1.43 | -247.2% |
| 2008 | -19.44 | -1462.2% |
| 2009 | 12.18 | -162.7% |
| 2010 | 10.85 | -10.9% |
| 2011 | 25.71 | +136.9% |
| 2012 | 1.89 | -92.7% |
| 2013 | -10.46 | -654.4% |
| 2014 | 30.93 | -395.8% |
| 2015 | -20.62 | -166.7% |
| 2016 | 7.39 | -135.8% |
| 2017 | -10.01 | -235.5% |
| 2018 | 13.03 | -230.1% |
| 2019 | 3.84 | -70.6% |
Eritrea compared with similar countries
- Eritrea's 3.84 is below the median for low income countries, which is 4.88, 79% of the median. (24 countries reporting)
- Eritrea's 3.84 is below the median for Sub-Saharan Africa, which is 4.81, 80% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | -6712.6% | 0.1868 | -12.35 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.9 | 0.1868 | 20.92 | 7 |
| 2000s | -0.6022 | -19.44 | 12.18 | 10 |
| 2010s | 5.25 | -20.62 | 30.93 | 10 |
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 real gdp growth in Eritrea?
- Real gdp growth in Eritrea was 3.84 in 2019, according to Our World in Data.
- What is the highest real gdp growth recorded in Eritrea?
- The highest recorded value was 30.93 in 2014.
- What is the lowest real gdp growth recorded in Eritrea?
- The lowest recorded value was -20.62 in 2015.
- How does Eritrea rank for real gdp growth?
- Eritrea ranks 81st out of 196 countries with data for 2019.
- Is real 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 Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (Our World in Data).