Eritrea: GDP, current U.S. dollars

The latest value from 2011 is 2.07 billion U.S. dollars, an increase from 1.59 billion U.S. dollars in 2010. In comparison, the world average is 379.75 billion U.S. dollars, based on data from 194 countries. Historically, the average for Eritrea from 1992 to 2011 is 0.98 billion U.S. dollars. The minimum value, 0.47 billion U.S. dollars, was reached in 1993 while the maximum of 2.07 billion U.S. dollars was recorded in 2011. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.