Eritrea — GDP
GDP (Nominal) for Eritrea, 1992–2011.
GDP for Eritrea was 2.07 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 467.87 million in 1993 (about 4.4× the low point). Across that span the compound annual growth rate works out to 8.02% per year.
Eritrea ranks 190 of 212 economies on this measure (1 = highest), putting it in the top 90%. The median for Sub-Saharan Africa is 19.93 billion, so Eritrea sits below it. Over the last decade (2001–2011) the figure moved up 174%. Within Sub-Saharan Africa it ranks 45 of 47 economies; Comoros (1.81 billion) is just below it. Its sharpest one-year move was up 35% in 2009. That is 62% above this series' own ten-year average.
Data highlights
From its 1992 level: doubled by 2004. Doubling roughly every 9.0 years at that pace.
World ranking. Slipped: 168th of 194 in 1992 → 180th of 204 in 2000 → 185th of 212 in 2010 → 181st of 212 in 2011.
Key figures
Full history — 1992 to 2011
| Year | current US$ | Change |
|---|---|---|
| 2011 | 2,065,001,626.02 | +29.9% |
| 2010 | 1,589,515,447.15 | -14.4% |
| 2009 | 1,856,695,551.22 | +34.5% |
| 2008 | 1,380,188,800 | +4.7% |
| 2007 | 1,317,974,491.06 | +8.8% |
| 2006 | 1,211,161,879.67 | +10.3% |
| 2005 | 1,098,424,685.66 | -1.0% |
| 2004 | 1,109,054,005.44 | +27.4% |
| 2003 | 870,248,267.55 | +19.3% |
| 2002 | 729,321,680.15 | -3.1% |
| 2001 | 752,371,688.74 | +6.5% |
| 2000 | 706,370,815.58 | +2.5% |
| 1999 | 688,918,537.12 | -7.6% |
| 1998 | 745,523,116.9 | +8.6% |
| 1997 | 686,490,090.14 | -1.0% |
| 1996 | 693,535,954.19 | +20.0% |
| 1995 | 578,015,625 | +8.7% |
| 1994 | 531,688,311.69 | +13.6% |
| 1993 | 467,872,714.76 | -1.9% |
| 1992 | 477,101,651.65 | — |
Frequently asked questions
What was Eritrea’s GDP in 1993?
467,872,714.76 (1993). The full year-by-year table above lists every published year, most recent first.
Are Eritrea’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Eritrea’s GDP growing or shrinking?
Between 1992 and 2011 the series was growing overall: +332.8% in total — about 8.0% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.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: 2,065,001,626.02; 2010: 1,589,515,447.15; 2009: 1,856,695,551.22; 2008: 1,380,188,800; 2007: 1,317,974,491.06. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.CD — GDP (Nominal). 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.