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Eritrea — GDP per capita (PPP)
GDP per Capita (PPP) for Eritrea, 1992–2011.
Latest value · 2011
1,742
GDP per Capita (PPP) · current international $ · +70.7% since 1992
GDP per capita (PPP) for Eritrea was 1,742 in 2011, according to the latest World Bank data. The series covers 20 years, from 1992 to 2011. The latest year is also the highest value on record for this series. The lowest was 1,021 in 1992 (about 1.7× the low point). Across that span the compound annual growth rate works out to 2.86% per year.
Eritrea ranks 197 of 201 economies on this measure (1 = highest), putting it in the top 98%. The median for Sub-Saharan Africa is 4,379, so Eritrea sits below it. Over the last decade (2001–2011) the figure moved up 3%.
Key figures
Latest (2011)
1,742
First (1992)
1,021
Change
+70.7%
Highest
1,742
in 2011
Lowest
1,021
in 1992
Average
1,543
Annual growth (CAGR)
2.86%
Years of data
20
Recent years
| Year | current international $ |
|---|---|
| 2011 | 1,742.32 |
| 2010 | 1,599.19 |
| 2009 | 1,576.74 |
| 2008 | 1,546.93 |
| 2007 | 1,727.09 |
| 2006 | 1,682.24 |
| 2005 | 1,674.07 |
| 2004 | 1,620.76 |
| 2003 | 1,620.85 |
| 2002 | 1,701.7 |
| 2001 | 1,683.68 |
| 2000 | 1,557.88 |
Reading this correctly. GDP per capita adjusted for purchasing power parity. More meaningful than the nominal figure when comparing actual living standards across countries with very different price levels. Figures are in current international $. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.PCAP.PP.CD — GDP per Capita (PPP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.