Eritrea: GDP, current U.S. dollars

* indicates monthly or quarterly data series

Gross Domestic Product, billions of U.S. dollars

 Latest value 2.07
 Year 2011
 Measure billion U.S. dollars
 Data availability 1992 - 2011
 Average 0.98
 Min - Max 0.47 - 2.07
 Source The World Bank
For that indicator, we provide data for Eritrea from 1992 to 2011. The average value for Eritrea during that period was 0.98 billion U.S. dollars with a minimum of 0.47 billion U.S. dollars in 1993 and a maximum of 2.07 billion U.S. dollars in 2011. The latest value from 2011 is 2.07 billion U.S. dollars. For comparison, the world average in 2011 based on 193 countries is 379.90 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Eritrea - GDP, current U.S. dollars - Recent values chart

Historical chart
Eritrea - GDP, current U.S. dollars - historical chart - 1992-2011

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

 Related indicators Latest value Reference Measure
 Economic growth 8.68 2011 percent
 GDP, constant dollars 2.3 2011 billion U.S. dollars
 GDP, current U.S. dollars 2.07 2011 billion U.S. dollars
 GDP per capita, current dollars 643.79 2011 U.S. dollars
 GDP per capita, constant dollars 702.40 2011 U.S. dollars
This site uses cookies.
Learn more here