Subsidies in Eritrea
Eritrea: Subsidies was 0 current LCU; from SNA in 2009. ▬ Flat
Subsidies in Eritrea, 1992–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU; from SNA.
Analysis
Eritrea recorded 0 current LCU; from SNA for subsidies in 2009. That is the highest value across all 18 years on record.
Over the whole period, subsidies in Eritrea peaked at 0 current LCU; from SNA in 1992 and was at its lowest, 0 current LCU; from SNA, in 1992.
Eritrea ranks 14th of 24 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 current LCU; from SNA | 0 current LCU; from SNA | 0 current LCU; from SNA | 8 |
| 2000s | 0 current LCU; from SNA | 0 current LCU; from SNA | 0 current LCU; from SNA | 10 |
Countries ranked near Eritrea
- 11 Botswana 547.30 million current LCU; from SNA compare
- 12 Namibia 244.00 million current LCU; from SNA compare
- 13 Mozambique 170.00 million current LCU; from SNA compare
- 14 Cameroon 0 current LCU; from SNA compare
- 14 Chad 0 current LCU; from SNA compare
- 14 Comoros 0 current LCU; from SNA compare
- 14 Congo 0 current LCU; from SNA
- 14 Ethiopia 0 current LCU; from SNA compare
- 14 Kenya 0 current LCU; from SNA compare
- 14 Lesotho 0 current LCU; from SNA compare
- 14 Malawi 0 current LCU; from SNA compare
- 14 Rwanda 0 current LCU; from SNA compare
More economy & growth data for Eritrea
- External balance on goods and services as a percent of gdp -11.08 (2011)
- Gdp per capita worldbank constant usd 751.38 (2011)
- Manufacturing value added to gdp 5.49 (2009)
- Gdp worldbank constant usd 2.25 billion (2011)
- Gdp per capita in international and market dollars 751.38 (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 subsidies in Eritrea?
- Subsidies in Eritrea was 0 current LCU; from SNA in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest subsidies recorded in Eritrea?
- The highest recorded value was 0 current LCU; from SNA in 1992.
- What is the lowest subsidies recorded in Eritrea?
- The lowest recorded value was 0 current LCU; from SNA in 1992.
- How does Eritrea rank for subsidies?
- Eritrea ranks 14th out of 24 countries with data for 2009.
- Where does this Eritrea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Subsidies (current LCU; from SNA). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.