Taxes less subsidies on products (constant LCU), per unit of GDP in Eritrea
Eritrea: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.0537 constant LCU per US$ of GDP in 2009. ◆ Volatile
Taxes less subsidies on products (constant LCU), per unit of GDP in Eritrea, 1992–2009
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2009, taxes less subsidies on products (constant lcu), per unit of gdp in Eritrea stood at 0.0537 constant LCU per US$ of GDP.
That represents a change of up 30.1% on the previous year and down 93.9% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Eritrea peaked at 1.33 constant LCU per US$ of GDP in 1993 and was at its lowest, 0.0413 constant LCU per US$ of GDP, in 2008.
That places Eritrea 160th out of 189 countries with data for 2009, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), per unit of GDP in Eritrea, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.9096 constant LCU per US$ of GDP | — |
| 1993 | 1.33 constant LCU per US$ of GDP | +46.2% |
| 1994 | 1.08 constant LCU per US$ of GDP | -19.0% |
| 1995 | 1.03 constant LCU per US$ of GDP | -4.6% |
| 1996 | 0.905 constant LCU per US$ of GDP | -12.0% |
| 1997 | 1.04 constant LCU per US$ of GDP | +14.9% |
| 1998 | 0.7972 constant LCU per US$ of GDP | -23.3% |
| 1999 | 0.8844 constant LCU per US$ of GDP | +10.9% |
| 2000 | 0.6055 constant LCU per US$ of GDP | -31.5% |
| 2001 | 0.3348 constant LCU per US$ of GDP | -44.7% |
| 2002 | 0.4351 constant LCU per US$ of GDP | +30.0% |
| 2003 | 0.3164 constant LCU per US$ of GDP | -27.3% |
| 2004 | 0.2376 constant LCU per US$ of GDP | -24.9% |
| 2005 | 0.1778 constant LCU per US$ of GDP | -25.1% |
| 2006 | 0.1345 constant LCU per US$ of GDP | -24.4% |
| 2007 | 0.0955 constant LCU per US$ of GDP | -29.0% |
| 2008 | 0.0413 constant LCU per US$ of GDP | -56.8% |
| 2009 | 0.0537 constant LCU per US$ of GDP | +30.1% |
Eritrea compared with similar countries
- Eritrea's 0.0537 constant LCU per US$ of GDP is below the median for low income countries, which is 18.59 constant LCU per US$ of GDP, 0% of the median. (21 countries reporting)
- Eritrea's 0.0537 constant LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 14.8 constant LCU per US$ of GDP, 0% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9963 constant LCU per US$ of GDP | 0.7972 constant LCU per US$ of GDP | 1.33 constant LCU per US$ of GDP | 8 |
| 2000s | 0.2432 constant LCU per US$ of GDP | 0.0413 constant LCU per US$ of GDP | 0.6055 constant LCU per US$ of GDP | 10 |
Countries ranked near Eritrea
- 157 Andorra 0.062 constant LCU per US$ of GDP compare
- 158 United Kingdom 0.0609 constant LCU per US$ of GDP compare
- 159 Spain 0.0572 constant LCU per US$ of GDP compare
- 161 San Marino 0.0512 constant LCU per US$ of GDP
- 162 Greenland 0.051 constant LCU per US$ of GDP compare
- 163 Singapore 0.0496 constant LCU per US$ of GDP compare
More economy & growth data for Eritrea
- 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Eritrea?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Eritrea was 0.0537 constant LCU per US$ of GDP in 2009, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Eritrea?
- The highest recorded value was 1.33 constant LCU per US$ of GDP in 1993.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 0.0413 constant LCU per US$ of GDP in 2008.
- How does Eritrea rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Eritrea ranks 160th out of 189 countries with data for 2009.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is down 93.9%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.