Eritrea: Trade openness

* indicates monthly or quarterly data series
 Eritrea

Trade openness: exports plus imports as percent of GDP

 Latest value 47.39
 Year 2011
 Measure percent
 Data availability 1992 - 2011
 Average 71.91
 Min - Max 27.97 - 116.62
 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 71.91 percent with a minimum of 27.97 percent in 2009 and a maximum of 116.62 percent in 1996. The latest value from 2011 is 47.39 percent. For comparison, the world average in 2011 based on 169 countries is 92.58 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 - Trade openness - recent values

Historical chart
Eritrea - Trade openness - historical chart - 1992-2011




Definition: Exports plus imports as percent of GDP.


 Related indicators Latest value Reference Measure
 Terms of trade 106.48 2021 percent
 Trade openness 47.39 2011 percent
 Exports, percent of GDP 18.15 2011 percent
 Exports, billion dollars 0.37 2011 billion U.S. dollars
 Growth of exports 575.74 2011 percent
 Imports, percent of GDP 29.24 2011 percent
 Imports, billion dollars 0.60 2011 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.89 2011 percent
 Foreign Direct Investment, billion dollars -0.03 2022 billion U.S. dollars
 Current account, percent of GDP 12.20 2022 percent
 Current account, in dollars -0.10 2000 billion U.S. dollars
 Trade balance, percent of GDP -11.08 2011 percent
 Trade balance, in dollars -0.40 2000 billion U.S. dollars
 Reserves 0.19 2019 billion U.S. dollars
 Remittances, percent of GDP 0.47 2000 percent
 Net errors and omissions -22.87 2000 million USD
 External debt 51.48 2011 percent
 Short-term external debt 5.63 2022 percent
 Short-term debt to reserves 17.05 2019 percent
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