Eritrea — GDP (PPP)
GDP (PPP) for Eritrea, 1992–2011.
Latest value · 2011
5.22 billion
GDP (PPP) · current international $ · +184.6% since 1992
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%.
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 years
| Year | current international $ |
|---|---|
| 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 |
| 2006 | 4,547,936,344.18 |
| 2005 | 4,455,060,340.16 |
| 2004 | 4,211,205,244.68 |
| 2003 | 4,042,244,997.85 |
| 2002 | 4,072,119,264.4 |
| 2001 | 3,892,811,387.04 |
| 2000 | 3,500,595,221.83 |
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.
Related data
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.