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Eritrea — GDP (PPP)

Also known as GDP at purchasing power parity, PPP GDP, GDP adjusted for purchasing power.

GDP (PPP) for Eritrea, 1992–2011.

Latest value · 2011
5.22 billion
GDP (PPP) · current international $ · +184.6% since 1992
Free for any use — attribution is the link itself.

GDP (PPP) for Eritrea was 5.22 billion 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 1.84 billion in 1992 (about 2.8× the low point). Across that span the compound annual growth rate works out to 5.66% per year.

Eritrea ranks 176 of 201 economies on this measure (1 = highest), putting it in the top 88%. The median for Sub-Saharan Africa is 60.50 billion, so Eritrea sits below it. Over the last decade (2001–2011) the figure moved up 34%. Within Sub-Saharan Africa it ranks 44 of 47 economies; Seychelles (4.40 billion) is just below it. Its sharpest one-year move was up 24% in 1994. That is 18% above this series' own ten-year average.

Data highlights

From its 1992 level: doubled by 2001. Doubling roughly every 13 years at that pace.

World ranking. Slipped: 154th of 187 in 1992 → 158th of 194 in 2000 → 161st of 200 in 2010 → 161st of 200 in 2011.

Adjacent in the latest world ranking (176 of 201): U.S. Virgin Islands (#175) · St. Lucia (#177).

Key figures

Latest (2011)
5.22 billion
First (1992)
1.84 billion
Change
+184.6%
Highest
5.22 billion
in 2011
Lowest
1.84 billion
in 1992
Average
3.76 billion
Annual growth (CAGR)
5.66%
Years of data
20

Recent published years. 2011 — 5,224,331,270.25 · 2010 — 4,709,915,124.22 · 2009 — 4,553,452,013.84 · 2008 — 4,356,653,615.74 · 2007 — 4,737,800,725.2.

Full history — 1992 to 2011

All 20 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Eritrea — GDP (PPP)
Yearcurrent international $Change
20115,224,331,270.25+10.9%
20104,709,915,124.22+3.4%
20094,553,452,013.84+4.5%
20084,356,653,615.74-8.0%
20074,737,800,725.2+4.2%
20064,547,936,344.18+2.1%
20054,455,060,340.16+5.8%
20044,211,205,244.68+4.2%
20034,042,244,997.85-0.7%
20024,072,119,264.4+4.6%
20013,892,811,387.04+11.2%
20003,500,595,221.83-0.9%
19993,534,097,149.57+1.4%
19983,484,314,347.21+2.9%
19973,385,578,350.49+9.8%
19963,084,261,045.46+11.3%
19952,772,142,458.59+5.0%
19942,639,758,595.49+23.8%
19932,132,109,180.85+16.1%
19921,835,746,157.56—
Reading this correctly. GDP converted using purchasing power parity rates rather than market exchange rates. Better for comparing living standards between countries; not comparable with the nominal GDP figure. 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.

Frequently asked questions

What was Eritrea’s GDP (PPP) in 1993?

2,132,109,180.85 (1993). The full year-by-year table above lists every published year, most recent first.

Are Eritrea’s GDP (PPP) figures nominal or inflation-adjusted?

They are exactly as the World Bank publishes them — current international $ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.

Is Eritrea’s GDP (PPP) growing or shrinking?

Between 1992 and 2011 the series was growing overall: +184.6% in total — about 5.7% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.PP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2011: 5,224,331,270.25; 2010: 4,709,915,124.22; 2009: 4,553,452,013.84; 2008: 4,356,653,615.74; 2007: 4,737,800,725.2. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.PP.CD — GDP (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.
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