Trade as share of gdp in Eritrea
Eritrea: Trade as share of gdp was 47.39 in 2011. ▼ Falling
Latest (2011)
47.39
Change on year
up 26.5%
World rank
155th
of 191 countries
All-time high
116.62
in 1996
All-time low
27.97
in 2009
Years of data
20
1992–2011
Trade as share of gdp in Eritrea, 1992–2011
Source: Our World in Data.
Analysis
The most recent figure for trade as share of gdp in Eritrea is 47.39, measured in 2011.
Compared with earlier readings it is up 26.5% on the previous year and down 34.2% over ten years.
Over the whole period, trade as share of gdp in Eritrea peaked at 116.62 in 1996 and was at its lowest, 27.97, in 2009.
Eritrea ranks 155th of 191 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Trade as share of gdp in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 56.38 | — |
| 1993 | 102.06 | +81.0% |
| 1994 | 110.88 | +8.6% |
| 1995 | 105.32 | -5.0% |
| 1996 | 116.62 | +10.7% |
| 1997 | 115.42 | -1.0% |
| 1998 | 94.93 | -17.8% |
| 1999 | 96.26 | +1.4% |
| 2000 | 67.88 | -29.5% |
| 2001 | 72.06 | +6.2% |
| 2002 | 76.59 | +6.3% |
| 2003 | 74.01 | -3.4% |
| 2004 | 65.57 | -11.4% |
| 2005 | 61.11 | -6.8% |
| 2006 | 45.26 | -25.9% |
| 2007 | 34.56 | -23.6% |
| 2008 | 30.56 | -11.6% |
| 2009 | 27.97 | -8.5% |
| 2010 | 37.47 | +34.0% |
| 2011 | 47.39 | +26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 99.73 | 56.38 | 116.62 | 8 |
| 2000s | 55.56 | 27.97 | 76.59 | 10 |
| 2010s | 42.43 | 37.47 | 47.39 | 2 |
Countries ranked near Eritrea
- 152 Uruguay 49.72 compare
- 153 Sierra Leone 49.1 compare
- 154 Mali 48.77 compare
- 156 Bolivia, Plurinational State of 46.98 compare
- 157 Sao Tome and Principe 46.57
- 158 Guatemala 46.53 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)
- GDP (constant 2015 US$), annual growth rate 8.68 % change on previous year (2011)
- GDP (constant 2015 US$), per unit of GDP 1.09 constant 2015 US$ per US$ of GDP (2011)
- GDP (constant 2015 US$), per capita 751.38 constant 2015 US$ per person (2011)
- GDP (constant LCU), annual growth rate 8.68 % change on previous year (2011)
- GDP (constant LCU), per unit of GDP 15.38 constant LCU per US$ of GDP (2011)
- GDP (constant LCU), per capita 10,588 constant LCU per person (2011)
- Gross domestic savings (current US$), annual growth rate 29.25 % change on previous year (2011)
- Gross domestic savings (current US$), per unit of GDP -0.2479 current US$ per US$ of GDP (2011)
Frequently asked questions
- What is trade as share of gdp in Eritrea?
- Trade as share of gdp in Eritrea was 47.39 in 2011, according to Our World in Data.
- What is the highest trade as share of gdp recorded in Eritrea?
- The highest recorded value was 116.62 in 1996.
- What is the lowest trade as share of gdp recorded in Eritrea?
- The lowest recorded value was 27.97 in 2009.
- How does Eritrea rank for trade as share of gdp?
- Eritrea ranks 155th out of 191 countries with data for 2011.
- Is trade as share of gdp rising or falling in Eritrea?
- Over the last ten years it is down 34.2%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Our World in Data, published as part of Trade as share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Our World in Data).