Taxes less subsidies on products (current LCU), per unit of GDP in Eritrea
Eritrea: Taxes less subsidies on products (current LCU), per unit of GDP was 0.4282 current LCU per US$ of GDP in 2009. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Eritrea, 1992–2009
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Eritrea recorded 0.4282 current LCU per US$ of GDP for taxes less subsidies on products (current lcu), per unit of gdp in 2009. That is the lowest value across all 18 years on record.
Compared with earlier readings it is down 20.1% on the previous year and down 39.5% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Eritrea peaked at 1.35 current LCU per US$ of GDP in 2002 and was at its lowest, 0.4282 current LCU per US$ of GDP, in 2009.
Eritrea ranks 110th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Eritrea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.481 current LCU per US$ of GDP | — |
| 1993 | 0.6934 current LCU per US$ of GDP | +44.1% |
| 1994 | 0.6205 current LCU per US$ of GDP | -10.5% |
| 1995 | 0.6503 current LCU per US$ of GDP | +4.8% |
| 1996 | 0.6243 current LCU per US$ of GDP | -4.0% |
| 1997 | 0.745 current LCU per US$ of GDP | +19.3% |
| 1998 | 0.6234 current LCU per US$ of GDP | -16.3% |
| 1999 | 0.7076 current LCU per US$ of GDP | +13.5% |
| 2000 | 0.6055 current LCU per US$ of GDP | -14.4% |
| 2001 | 0.7551 current LCU per US$ of GDP | +24.7% |
| 2002 | 1.35 current LCU per US$ of GDP | +78.9% |
| 2003 | 1.13 current LCU per US$ of GDP | -16.7% |
| 2004 | 1.11 current LCU per US$ of GDP | -1.3% |
| 2005 | 1.02 current LCU per US$ of GDP | -8.1% |
| 2006 | 0.8884 current LCU per US$ of GDP | -13.0% |
| 2007 | 0.6768 current LCU per US$ of GDP | -23.8% |
| 2008 | 0.5362 current LCU per US$ of GDP | -20.8% |
| 2009 | 0.4282 current LCU per US$ of GDP | -20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6432 current LCU per US$ of GDP | 0.481 current LCU per US$ of GDP | 0.745 current LCU per US$ of GDP | 8 |
| 2000s | 0.85 current LCU per US$ of GDP | 0.4282 current LCU per US$ of GDP | 1.35 current LCU per US$ of GDP | 10 |
Countries ranked near Eritrea
- 107 Poland 0.4501 current LCU per US$ of GDP compare
- 108 Dominica 0.4472 current LCU per US$ of GDP compare
- 109 Romania 0.443 current LCU per US$ of GDP compare
- 111 Samoa 0.4144 current LCU per US$ of GDP
- 112 Saint Vincent and the Grenadines 0.4077 current LCU per US$ of GDP compare
- 113 Sudan 0.3739 current 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)
- Exports of goods and services (current LCU), annual growth rate 269.77 % change on previous year (2011)
- Exports of goods and services (current LCU), per unit of GDP 2.79 current LCU per US$ of GDP (2011)
- Exports of goods and services (current LCU), per capita 1,922 current LCU per person (2011)
- Gross fixed capital formation (current US$), annual growth rate 32.44 % change on previous year (2011)
- Gross fixed capital formation (current US$), per unit of GDP 0.1263 current US$ per US$ of GDP (2011)
- Gross fixed capital formation (current US$), per capita 86.96 current US$ per person (2011)
- Gross fixed capital formation (current LCU), per unit of GDP 1.94 current LCU per US$ of GDP (2011)
- Gross fixed capital formation (current LCU), per capita 1,337 current LCU per person (2011)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Eritrea?
- Taxes less subsidies on products (current lcu), per unit of gdp in Eritrea was 0.4282 current LCU per US$ of GDP in 2009, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Eritrea?
- The highest recorded value was 1.35 current LCU per US$ of GDP in 2002.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 0.4282 current LCU per US$ of GDP in 2009.
- How does Eritrea rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Eritrea ranks 110th out of 197 countries with data for 2009.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is down 39.5%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.