Eritrea | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 15.29 15.6 15.75 15.9 16.05 18.35 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 0.30 2.8 3.1 2.3 3.4 3.35 percent [+]
GDP 3.86 4.76 4.76 4.09 4.16 5.33 USD Billion [+]
GDP per capita 480.38 453 461 469 477 625 USD [+]
GDP per capita PPP 1411.16 1331 1354 1377 1400 1837 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 14.50 7 7 14.5 14.5 6.5 percent [+]
Population 6.54 6.57 6.62 6.68 6.73 7.61 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 12.50 12.7 12.5 12.2 11.01 10.8 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -833.00 -801 -815 -829 -843 -787 CAF Million [+]
Exports 72.00 67.82 70.74 73.66 76.57 80.4 USD Million [+]
Imports 905.00 870 902 933 965 1043 CAF Million [+]
Current Account -143.00 66.81 66.81 -76.59 -75.46 -82.04 USD Million [+]
Current Account to GDP -1.20 -0.11 -0.44 -0.76 -1.08 -1.09 percent [+]
Gold Reserves 1.20 1.2 1.2 1.2 1.2 1.2 Tonnes [+]
Terrorism Index 0.53 0.45 0.24 0.03 -0.17 0.6 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 23.90 29.62 27.66 25.7 23.75 23.79 percent [+]
Government Budget -12.80 -13.93 -13.74 -13.55 -13.36 -13.33 percent of GDP [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Ease of Doing Business 189.00 188 188 188 188 187 [+]
Corruption Index 18.00 18.68 18.84 18.99 19.15 22.81 Points [+]
Corruption Rank 154.00 157 153 150 146 130 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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. 1/18/2017