Taxes less subsidies on products (current US$), per unit of GDP in Eritrea
Eritrea: Taxes less subsidies on products (current US$), per unit of GDP was 0.0278 current US$ per US$ of GDP in 2009. ▼ Falling
Taxes less subsidies on products (current US$), per unit of GDP in Eritrea, 1992–2009
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2009, taxes less subsidies on products (current us$), per unit of gdp in Eritrea stood at 0.0278 current US$ per US$ of GDP. 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 67.9% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Eritrea peaked at 0.1326 current US$ per US$ of GDP in 1993 and was at its lowest, 0.0278 current US$ per US$ of GDP, in 2009.
That places Eritrea 173rd out of 197 countries with data for 2009, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in Eritrea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.105 current US$ per US$ of GDP | — |
| 1993 | 0.1326 current US$ per US$ of GDP | +26.3% |
| 1994 | 0.1007 current US$ per US$ of GDP | -24.0% |
| 1995 | 0.1016 current US$ per US$ of GDP | +0.9% |
| 1996 | 0.0982 current US$ per US$ of GDP | -3.3% |
| 1997 | 0.1035 current US$ per US$ of GDP | +5.4% |
| 1998 | 0.0847 current US$ per US$ of GDP | -18.2% |
| 1999 | 0.0868 current US$ per US$ of GDP | +2.5% |
| 2000 | 0.0629 current US$ per US$ of GDP | -27.5% |
| 2001 | 0.0668 current US$ per US$ of GDP | +6.1% |
| 2002 | 0.0968 current US$ per US$ of GDP | +45.0% |
| 2003 | 0.0811 current US$ per US$ of GDP | -16.2% |
| 2004 | 0.0806 current US$ per US$ of GDP | -0.6% |
| 2005 | 0.0665 current US$ per US$ of GDP | -17.6% |
| 2006 | 0.0578 current US$ per US$ of GDP | -13.1% |
| 2007 | 0.044 current US$ per US$ of GDP | -23.8% |
| 2008 | 0.0349 current US$ per US$ of GDP | -20.8% |
| 2009 | 0.0278 current US$ per US$ of GDP | -20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1016 current US$ per US$ of GDP | 0.0847 current US$ per US$ of GDP | 0.1326 current US$ per US$ of GDP | 8 |
| 2000s | 0.0619 current US$ per US$ of GDP | 0.0278 current US$ per US$ of GDP | 0.0968 current US$ per US$ of GDP | 10 |
Countries ranked near Eritrea
- 170 Guyana 0.0302 current US$ per US$ of GDP compare
- 171 Liberia 0.0283 current US$ per US$ of GDP compare
- 172 Turkmenistan 0.0279 current US$ per US$ of GDP compare
- 174 Bhutan 0.0266 current US$ per US$ of GDP compare
- 175 Hong Kong, China 0.0262 current US$ per US$ of GDP compare
- 176 Switzerland 0.0261 current US$ 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)
- Gross capital formation (current US$), annual growth rate 32.44 % change on previous year (2011)
- Gross capital formation (current US$), per unit of GDP 0.1263 current US$ per US$ of GDP (2011)
- Gross capital formation (current US$), per capita 86.96 current US$ per person (2011)
- Gross capital formation (current LCU), annual growth rate 32.44 % change on previous year (2011)
- Gross capital formation (current LCU), per unit of GDP 1.94 current LCU per US$ of GDP (2011)
- Gross capital formation (current LCU), per capita 1,337 current LCU per person (2011)
- Imports of goods and services (current US$), annual growth rate 22.17 % change on previous year (2011)
- Imports of goods and services (current US$), per unit of GDP 0.2924 current US$ per US$ of GDP (2011)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Eritrea?
- Taxes less subsidies on products (current us$), per unit of gdp in Eritrea was 0.0278 current US$ per US$ of GDP in 2009, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Eritrea?
- The highest recorded value was 0.1326 current US$ per US$ of GDP in 1993.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 0.0278 current US$ per US$ of GDP in 2009.
- How does Eritrea rank for taxes less subsidies on products (current us$), per unit of gdp?
- Eritrea ranks 173rd out of 197 countries with data for 2009.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is down 67.9%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.