GDP (constant LCU), annual growth rate in Eritrea
Eritrea: GDP (constant LCU), annual growth rate was 8.68 % change on previous year in 2011. ◆ Volatile
GDP (constant LCU), annual growth rate in Eritrea, 1993–2011
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2011, gdp (constant lcu), annual growth rate in Eritrea stood at 8.68 % change on previous year.
That represents a change of up 295.6% on the previous year and down 0.9% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Eritrea peaked at 21.22 % change on previous year in 1994 and was at its lowest, -9.78 % change on previous year, in 2008.
Eritrea ranks 8th of 212 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 13.45 % change on previous year | — |
| 1994 | 21.22 % change on previous year | +57.7% |
| 1995 | 2.86 % change on previous year | -86.5% |
| 1996 | 9.26 % change on previous year | +223.9% |
| 1997 | 7.91 % change on previous year | -14.6% |
| 1998 | 1.77 % change on previous year | -77.6% |
| 1999 | 0.0134 % change on previous year | -99.2% |
| 2000 | -3.14 % change on previous year | -23559.1% |
| 2001 | 8.76 % change on previous year | -378.7% |
| 2002 | 3.01 % change on previous year | -65.7% |
| 2003 | -2.66 % change on previous year | -188.4% |
| 2004 | 1.45 % change on previous year | -154.7% |
| 2005 | 2.57 % change on previous year | +77.3% |
| 2006 | -0.9691 % change on previous year | -137.6% |
| 2007 | 1.43 % change on previous year | -247.2% |
| 2008 | -9.78 % change on previous year | -785.7% |
| 2009 | 3.88 % change on previous year | -139.6% |
| 2010 | 2.19 % change on previous year | -43.4% |
| 2011 | 8.68 % change on previous year | +295.6% |
Eritrea compared with similar countries
- Eritrea's 8.68 % change on previous year is above the median for low income countries, which is 4.1 % change on previous year, 2.1× the median. (24 countries reporting)
- Eritrea's 8.68 % change on previous year is above the median for Sub-Saharan Africa, which is 4.12 % change on previous year, 2.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), annual growth rate in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | -23559.1% | 0.0134 % change on previous year | -3.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.07 % change on previous year | 0.0134 % change on previous year | 21.22 % change on previous year | 7 |
| 2000s | 0.4541 % change on previous year | -9.78 % change on previous year | 8.76 % change on previous year | 10 |
| 2010s | 5.44 % change on previous year | 2.19 % change on previous year | 8.68 % change on previous year | 2 |
Countries ranked near Eritrea
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 (constant lcu), annual growth rate in Eritrea?
- Gdp (constant lcu), annual growth rate in Eritrea was 8.68 % change on previous year in 2011, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Eritrea?
- The highest recorded value was 21.22 % change on previous year in 1994.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Eritrea?
- The lowest recorded value was -9.78 % change on previous year in 2008.
- How does Eritrea rank for gdp (constant lcu), annual growth rate?
- Eritrea ranks 8th out of 212 countries with data for 2011.
- Is gdp (constant lcu), annual growth rate rising or falling in Eritrea?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.