Eritrea | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 15.27 15.63 15.79 15.94 16.1 18.58 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 0.30 2 2.8 3.1 2.26 3.35 percent [+]
GDP 3.86 4.64 4.76 4.76 4.37 5.33 USD Billion [+]
GDP per capita 480.38 477 481 486 490 625 USD [+]
GDP per capita PPP 1411.16 1400 1414 1427 1440 1837 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 14.50 7 7 7 14.5 6.5 percent [+]
Population 6.54 6.73 6.78 6.83 6.88 7.61 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 12.50 13.6 12.7 12.5 12.2 10.8 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -833.00 -843 -842 -840 -839 -787 CAF Million [+]
Exports 72.00 76.57 75.35 74.13 72.91 80.4 USD Million [+]
Imports 905.00 965 974 983 993 1043 CAF Million [+]
Current Account -143.00 -75.46 66.81 66.81 -75.11 -82.04 USD Million [+]
Current Account to GDP -1.20 -1.08 -1.09 -1.09 -1.09 -1.09 percent [+]
Gold Reserves 1.20 1.2 1.2 1.2 1.2 1.2 Tonnes [+]
Terrorism Index 0.53 -0.17 -0.23 -0.3 -0.36 0.6 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 23.90 23.75 23.76 23.78 23.79 23.79 percent [+]
Government Budget -10.70 -10.67 -10.67 -10.67 -10.67 -10.67 percent of GDP [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Ease of Doing Business 189.00 188 188 188 188 187 [+]
Corruption Index 18.00 19.15 19.47 19.79 20.11 22.81 Points [+]
Corruption Rank 154.00 146 144 143 141 130 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Sales Tax Rate 4.00 4 4 4 4 4 percent [+]





Economic Forecasts for Eritrea including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Eritrea economy. 12/10/2016