The Gross Domestic Product (GDP) in Eritrea was worth 2.07 billion US dollars in 2011, according to official data from the World Bank. The GDP value of Eritrea represents 0 percent of the world economy. This dataset provides the latest reported value for - Eritrea GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) in current prices in Eritrea saw no significant changes in 2019 in comparison to the previous year 2018 and remained at around 1.98 billion U.S. dollars. With a decline of 0.03 billion U.S. dollars (-1.49 percent), there is no significant change to 2018. The gross domestic product at current prices is defined based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Mauritius, Mozambique, and Uganda.

Det Bruttonationalprodukt (BNP) i Eritrea udvidede sig med 2,90 procent i fjerde kvartal af 2023 i forhold til samme kvartal året før. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Eritrea - BNP, Årlig Growth Rate.

In 2019, the gross domestic product (GDP) per capita in Eritrea decreased by 14.1 U.S. dollars (-2.43 percent) compared to 2018. Nevertheless, the last two years recorded a significantly higher GDP per capita than the preceding years.This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Burundi, Ethiopia, and Mauritius.

Eritrea ER: GDP: PPP data was reported at 6,758.835 Intl $ mn in 2011. This records an increase from the previous number of 6,093.233 Intl $ mn for 2010. Eritrea ER: GDP: PPP data is updated yearly, averaging 5,119.319 Intl $ mn from Dec 1992 (Median) to 2011, with 20 observations. The data reached an all-time high of 6,758.835 Intl $ mn in 2011 and a record low of 2,366.644 Intl $ mn in 1992. Eritrea ER: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Eritrea – Table ER.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

The Gross Domestic Product per capita in Eritrea was last recorded at 2102.95 US dollars in 2011, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Eritrea, when adjusted by Purchasing Power Parity is equivalent to 12 percent of the world's average. This dataset provides - Eritrea GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The growth of the real gross domestic product (GDP) in Eritrea declined to 3.84 percent in 2019. This was a significant decrease in the growth. Over the observed period, the growth has been subject to fluctuation.As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at constant prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Zambia, Tanzania, and Seychelles.

The Gross Domestic Product per capita in Eritrea was last recorded at 702.40 US dollars in 2011. The GDP per Capita in Eritrea is equivalent to 6 percent of the world's average. This dataset provides - Eritrea GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real GDP Per Capita for Eritrea (ERINGDPRPCPCPPPT) from 2000 to 2019 about Eritrea, REO, per capita, real, GDP, and rate.

Graph and download economic data for Life Insurance Premium Volume to GDP for Eritrea (DDDI09ERA156NWDB) from 2002 to 2019 about Eritrea, premium, life, insurance, and GDP.

Eritrea ER: GDP: Real: Gross National Income data was reported at 8,002.753 ERN mn in 2011. This records an increase from the previous number of 7,353.498 ERN mn for 2010. Eritrea ER: GDP: Real: Gross National Income data is updated yearly, averaging 7,139.979 ERN mn from Dec 1992 (Median) to 2011, with 20 observations. The data reached an all-time high of 8,002.753 ERN mn in 2011 and a record low of 4,134.794 ERN mn in 1992. Eritrea ER: GDP: Real: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Eritrea – Table ER.World Bank.WDI: Gross Domestic Product: Real. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

GDP of Eritrea decreased by 4.53% from 2,383,297,748 US dollars in 2022 to 2,275,290,216 US dollars in 2023. Since the 4.72% rise in 2021, GDP rose by 2.86% in 2023. Expenditure-based gross domestic product is total final expenditure at purchasers’ prices (including final consumption expenditure, gross fixed capital formation, changes in inventories, valuables and f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.

The ratio of national debt to gross domestic product (GDP) in Eritrea decreased by 6.7 percentage points (-2.51 percent) in 2019 in comparison to the previous year. Nevertheless, the last two years recorded a significantly higher ratio than the preceding years.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Mozambique, Djibouti, and Tanzania.

Graph and download economic data for Price Level of GDP, G-K method for Eritrea (PLOGDPERA621NUPN) from 1992 to 2010 about Eritrea and GDP.

Eritrea GDP Composition by Sector, 2016 Discover more data with ReportLinker!

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Eritrea (RGDPCHERA625NUPN) from 1992 to 2010 about Eritrea, chained, PPP, per capita, and GDP.

Graph and download economic data for Investment Share of Purchasing Power Parity Converted GDP Per Capita at current prices for Eritrea (CIPPPGERA156NUPN) from 1992 to 2010 about Eritrea, PPP, investment, per capita, and GDP.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

Eritrea ER: GDP: Gross Domestic Savings data was reported at 474.343 ERN mn in 2011. This records an increase from the previous number of -3,013.136 ERN mn for 2010. Eritrea ER: GDP: Gross Domestic Savings data is updated yearly, averaging -1,807.143 ERN mn from Dec 1992 (Median) to 2011, with 20 observations. The data reached an all-time high of 474.343 ERN mn in 2011 and a record low of -5,161.839 ERN mn in 2004. Eritrea ER: GDP: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Eritrea – Table ER.World Bank.WDI: Gross Domestic Product: Nominal. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

The ratio of government expenditure to GDP in Eritrea increased by 4.9 percentage points (+18.59 percent) in 2019. In total, the ratio amounted to 31.26 percent in 2019. Over the observed period, the ratio has been subject to fluctuation.This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.Find more key insights for the ratio of government expenditure to GDP in countries like Tanzania, Uganda, and Kenya.