Eritrea’s GDP Growth
Measured as the annual percentage change in real GDP at constant national prices, this indicator shows the year-on-year rate of economic expansion. It reveals economic momentum and growth trends (higher is better).
Latest (2011)
8.7 %
Year-over-year
+6.5 %
Change since start (1993→2011)
-4.8 %
Key insights
- From 1993 to 2011, GDP Growth changed by -4.8 %.
- Most recent year-over-year change (2010→2011): +6.5 %.
- Lowest level: -9.8 % in 2008.
- Highest level: 21.2 % in 1994.
Eritrea – GDP Growth Chart (1993–2011)
*Average based on available data from 193 UN member countries
Eritrea – GDP Growth Table (1993–2011)
| Year | GDP Growth |
|---|---|
| 1993 | 13.5 % |
| 1994 | 21.2 % |
| 1995 | 2.9 % |
| 1996 | 9.3 % |
| 1997 | 7.9 % |
| 1998 | 1.8 % |
| 1999 | 0.0 % |
| 2000 | -3.1 % |
| 2001 | 8.8 % |
| 2002 | 3.0 % |
| 2003 | -2.7 % |
| 2004 | 1.5 % |
| 2005 | 2.6 % |
| 2006 | -1.0 % |
| 2007 | 1.4 % |
| 2008 | -9.8 % |
| 2009 | 3.9 % |
| 2010 | 2.2 % |
| 2011 | 8.7 % |
Source: World Bank