GDP at market prices (constant 2010 US$), per unit of GDP in Eritrea
Eritrea: GDP at market prices (constant 2010 US$), per unit of GDP was 1.09 constant 2010 US$ per US$ of GDP in 2011. ▼ Falling
GDP at market prices (constant 2010 US$), per unit of GDP in Eritrea, 1992–2011
Source: Statizoid (derived). Measured in constant 2010 US$ per US$ of GDP.
Analysis
Eritrea recorded 1.09 constant 2010 US$ per US$ of GDP for gdp at market prices (constant 2010 us$), per unit of gdp in 2011. That is the lowest value across all 20 years on record.
That represents a change of down 16.3% on the previous year and down 60.3% over ten years.
Over the whole period, gdp at market prices (constant 2010 us$), per unit of gdp in Eritrea peaked at 2.99 constant 2010 US$ per US$ of GDP in 1994 and was at its lowest, 1.09 constant 2010 US$ per US$ of GDP, in 2011.
Eritrea ranks 18th of 208 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 20 years of available data.
GDP at market prices (constant 2010 US$), per unit of GDP in Eritrea, year by year
| Year | constant 2010 US$ per US$ of GDP | Change |
|---|---|---|
| 1992 | 2.42 constant 2010 US$ per US$ of GDP | — |
| 1993 | 2.8 constant 2010 US$ per US$ of GDP | +15.7% |
| 1994 | 2.99 constant 2010 US$ per US$ of GDP | +6.7% |
| 1995 | 2.83 constant 2010 US$ per US$ of GDP | -5.4% |
| 1996 | 2.57 constant 2010 US$ per US$ of GDP | -8.9% |
| 1997 | 2.81 constant 2010 US$ per US$ of GDP | +9.0% |
| 1998 | 2.63 constant 2010 US$ per US$ of GDP | -6.3% |
| 1999 | 2.85 constant 2010 US$ per US$ of GDP | +8.2% |
| 2000 | 2.69 constant 2010 US$ per US$ of GDP | -5.5% |
| 2001 | 2.75 constant 2010 US$ per US$ of GDP | +2.1% |
| 2002 | 2.92 constant 2010 US$ per US$ of GDP | +6.3% |
| 2003 | 2.38 constant 2010 US$ per US$ of GDP | -18.4% |
| 2004 | 1.89 constant 2010 US$ per US$ of GDP | -20.4% |
| 2005 | 1.96 constant 2010 US$ per US$ of GDP | +3.6% |
| 2006 | 1.76 constant 2010 US$ per US$ of GDP | -10.2% |
| 2007 | 1.64 constant 2010 US$ per US$ of GDP | -6.8% |
| 2008 | 1.41 constant 2010 US$ per US$ of GDP | -13.8% |
| 2009 | 1.09 constant 2010 US$ per US$ of GDP | -22.8% |
| 2010 | 1.3 constant 2010 US$ per US$ of GDP | +19.4% |
| 2011 | 1.09 constant 2010 US$ per US$ of GDP | -16.3% |
Eritrea compared with similar countries
- Eritrea's 1.09 constant 2010 US$ per US$ of GDP is above the median for low income countries, which is 0.847 constant 2010 US$ per US$ of GDP, 1.3× the median. (24 countries reporting)
- Eritrea's 1.09 constant 2010 US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.8689 constant 2010 US$ per US$ of GDP, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.74 constant 2010 US$ per US$ of GDP | 2.42 constant 2010 US$ per US$ of GDP | 2.99 constant 2010 US$ per US$ of GDP | 8 |
| 2000s | 2.05 constant 2010 US$ per US$ of GDP | 1.09 constant 2010 US$ per US$ of GDP | 2.92 constant 2010 US$ per US$ of GDP | 10 |
| 2010s | 1.2 constant 2010 US$ per US$ of GDP | 1.09 constant 2010 US$ per US$ of GDP | 1.3 constant 2010 US$ per US$ of GDP | 2 |
Countries ranked near Eritrea
- 15 Guyana 1.11 constant 2010 US$ per US$ of GDP compare
- 16 Japan 1.1 constant 2010 US$ per US$ of GDP compare
- 17 Tajikistan 1.1 constant 2010 US$ per US$ of GDP compare
- 19 Malawi 1.06 constant 2010 US$ per US$ of GDP compare
- 20 Suriname 1.05 constant 2010 US$ per US$ of GDP compare
- 21 Paraguay 1.03 constant 2010 US$ per US$ of GDP compare
More population data for Eritrea
- Population regions with projections, annual growth rate 0.278 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.3999 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.278 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.2011 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 5,964 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.97 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.4564 % change on previous year (2100)
- World population growth 0.3% (2100)
- Population density 69.76 people per km² (2100)
- Number of children under 5, by world region 525,382 people (2100)
Frequently asked questions
- What is gdp at market prices (constant 2010 us$), per unit of gdp in Eritrea?
- Gdp at market prices (constant 2010 us$), per unit of gdp in Eritrea was 1.09 constant 2010 US$ per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Eritrea?
- The highest recorded value was 2.99 constant 2010 US$ per US$ of GDP in 1994.
- What is the lowest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 1.09 constant 2010 US$ per US$ of GDP in 2011.
- How does Eritrea rank for gdp at market prices (constant 2010 us$), per unit of gdp?
- Eritrea ranks 18th out of 208 countries with data for 2011.
- Is gdp at market prices (constant 2010 us$), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is down 60.3%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP at market prices (constant 2010 US$) ÷ GDP (current US$)
Computed from
- GDP at market prices UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.