Trade in services in Eritrea
Eritrea: Trade in services was 12.7% in 2000. ▲ Rising
Trade in services in Eritrea, 1993–2000
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Eritrea is 12.7%, measured in 2000. That is the lowest value across all 8 years on record.
The figure is down 42.8% on the previous year and down 45.5% over ten years.
That places Eritrea 149th out of 199 countries with data for 2000, putting it in the middle of the range.
Trade in services in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 23.2% | — |
| 1994 | 18.3% | -21.0% |
| 1995 | 16.1% | -12.1% |
| 1996 | 22.8% | +41.7% |
| 1997 | 37.5% | +64.2% |
| 1998 | 36.2% | -3.6% |
| 1999 | 22.1% | -38.8% |
| 2000 | 12.7% | -42.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.2% | 16.1% | 37.5% | 7 |
| 2000s | 12.7% | 12.7% | 12.7% | 1 |
Countries ranked near Eritrea
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 deflator (base year varies by country), annual growth rate 19.54 % change on previous year (2011)
- Gross value added at basic prices (GVA) (current US$), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9721 current US$ per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current US$), per capita 625.02 current US$ per person (2009)
- Gross value added at basic prices (GVA) (current LCU), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 14.95 current LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current LCU), per capita 9,610 current LCU per person (2009)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.29 % change on previous year (2009)
Frequently asked questions
- What is trade in services in Eritrea?
- Trade in services in Eritrea was 12.7% in 2000, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Eritrea?
- The highest recorded value was 37.5% in 1997.
- What is the lowest trade in services recorded in Eritrea?
- The lowest recorded value was 12.7% in 2000.
- How does Eritrea rank for trade in services?
- Eritrea ranks 149th out of 199 countries with data for 2000.
- Is trade in services rising or falling in Eritrea?
- Over the last ten years it is down 45.5%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.