Eritrea: Economic growth forecast

* indicates monthly or quarterly data series
 Eritrea

Economic growth forecast

 Latest value 3.84
 Year 2019
 Measure percent
 Data availability 1993 - 2019
 Average 3.77
 Min - Max -20.62 - 30.93
 Source International Monetary Fund
For that indicator, we provide data for Eritrea from 1993 to 2019. The average value for Eritrea during that period was 3.77 percent with a minimum of -20.62 percent in 2015 and a maximum of 30.93 percent in 2014. The latest value from 2019 is 3.84 percent. For comparison, the world average in 2019 based on 191 countries is 2.53 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Eritrea - Economic growth forecast - recent values

Historical chart
Eritrea - Economic growth forecast - historical chart - 1993-2019




Definition: Year-on-year percent changes in constant price GDP. The base year is country-specific. Expenditure-based GDP is the total final expenditure at purchasers prices including the f.o.b. value of exports of goods and services, less the f.o.b. value of imports of goods and services. The series includes actual historical values for past years and forecast values for the current and the next few years.


 Related indicators Latest value Reference Measure
 Economic growth forecast 3.84 2019 percent
 Investment forecast 5.01 2019 percent
 Inflation forecast 5.60 2019 percent
 Current account forecast 12.99 2019 percent
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