Trade in services (% of GDP) in Eritrea
Eritrea: Trade in services (% of GDP) 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 148th out of 200 countries with data for 2000, putting it in the middle of the range.
Trade in services (% of GDP) 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% |
Eritrea compared with similar countries
- Eritrea's 12.7% is above the median for low income countries, which is 11.3%, 1.1× the median. (23 countries reporting)
- Eritrea's 12.7% is below the median for Sub-Saharan Africa, which is 12.7%, 100% of the median. (47 countries reporting)
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)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0118 units per US$ of GDP (2011)
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 148th out of 200 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.