Eritrea - GDP

GDP (current US$)

The latest value for GDP (current US$) in Eritrea was $2,065,002,000 as of 2011. Over the past 19 years, the value for this indicator has fluctuated between $2,065,002,000 in 2011 and $467,872,700 in 1993.

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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 $477,101,700
1993 $467,872,700
1994 $531,688,300
1995 $578,015,600
1996 $693,535,900
1997 $686,490,100
1998 $745,526,100
1999 $688,921,300
2000 $706,370,800
2001 $752,368,500
2002 $729,321,300
2003 $870,247,700
2004 $1,109,054,000
2005 $1,098,426,000
2006 $1,211,162,000
2007 $1,317,975,000
2008 $1,380,189,000
2009 $1,856,696,000
2010 $1,589,515,000
2011 $2,065,002,000

GDP (current LCU)

The value for GDP (current LCU) in Eritrea was 31,749,400,000 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 31,749,400,000 in 2011 and a minimum value of 2,186,700,000 in 1992.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 2,186,700,000
1993 2,446,600,000
1994 3,275,200,000
1995 3,699,300,000
1996 4,408,600,000
1997 4,942,660,000
1998 5,488,489,000
1999 5,616,500,000
2000 6,798,819,000
2001 8,508,912,000
2002 10,180,010,000
2003 12,077,210,000
2004 15,291,080,000
2005 16,880,500,000
2006 18,621,610,000
2007 20,263,860,000
2008 21,220,400,000
2009 28,546,690,000
2010 24,438,800,000
2011 31,749,400,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Eritrea was 31,749,400,000 as of 2011. Over the past 19 years, the value for this indicator has fluctuated between 31,749,400,000 in 2011 and 1,950,465,000 in 1992.

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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1992 1,950,465,000
1993 2,182,287,000
1994 3,231,355,000
1995 3,699,300,000
1996 4,408,600,000
1997 4,942,660,000
1998 5,488,489,000
1999 5,616,500,000
2000 6,798,819,000
2001 8,508,912,000
2002 10,180,010,000
2003 12,077,210,000
2004 15,291,080,000
2005 16,880,500,000
2006 18,621,610,000
2007 20,263,860,000
2008 21,220,400,000
2009 28,546,690,000
2010 24,438,800,000
2011 31,749,400,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Eritrea was 2,252,986,000 as of 2011. Over the past 19 years, the value for this indicator has fluctuated between 2,252,986,000 in 2011 and 1,154,926,000 in 1992.

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 constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 1,154,926,000
1993 1,310,319,000
1994 1,588,387,000
1995 1,633,789,000
1996 1,785,059,000
1997 1,926,233,000
1998 1,960,378,000
1999 1,960,642,000
2000 1,899,039,000
2001 2,065,308,000
2002 2,127,379,000
2003 2,070,886,000
2004 2,100,950,000
2005 2,155,038,000
2006 2,134,151,000
2007 2,164,602,000
2008 1,952,838,000
2009 2,028,540,000
2010 2,073,050,000
2011 2,252,986,000

GDP (constant LCU)

The value for GDP (constant LCU) in Eritrea was 31,749,400,000 as of 2011. As the graph below shows, over the past 19 years this indicator reached a maximum value of 31,749,400,000 in 2011 and a minimum value of 16,275,380,000 in 1992.

Definition: GDP 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 16,275,380,000
1993 18,465,200,000
1994 22,383,770,000
1995 23,023,580,000
1996 25,155,300,000
1997 27,144,750,000
1998 27,625,920,000
1999 27,629,640,000
2000 26,761,520,000
2001 29,104,610,000
2002 29,979,330,000
2003 29,183,220,000
2004 29,606,880,000
2005 30,369,100,000
2006 30,074,760,000
2007 30,503,870,000
2008 27,519,670,000
2009 28,586,470,000
2010 29,213,710,000
2011 31,749,400,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Eritrea was 5,224,331,000 as of 2011. Over the past 19 years, the value for this indicator has fluctuated between 5,224,331,000 in 2011 and 1,836,430,000 in 1992.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP 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 international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1992 1,836,430,000
1993 2,132,903,000
1994 2,640,748,000
1995 2,773,187,000
1996 3,085,429,000
1997 3,388,982,000
1998 3,487,874,000
1999 3,538,710,000
2000 3,504,145,000
2001 3,894,538,000
2002 4,075,040,000
2003 4,040,494,000
2004 4,209,509,000
2005 4,452,381,000
2006 4,542,660,000
2007 4,731,245,000
2008 4,351,412,000
2009 4,554,553,000
2010 4,708,725,000
2011 5,224,331,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts