Eritrea | Economic Indicators

Markets Last Previous Average Unit Reference Frequency
Currency 14.78 14.78 13.02 2014-04-14 Daily [+]
GDP Last Previous Average Unit Reference Frequency
GDP 3.09 2.61 1.06 USD Billion 2012-12-31 Yearly [+]
GDP Annual Growth Rate 6.30 8.20 4.95 Percent 2012-12-31 Yearly [+]
GDP per capita 200.45 193.56 226.62 USD 2012-12-31 Yearly [+]
GDP per capita PPP 488.04 471.26 551.75 USD 2012-12-31 Yearly [+]
Labour Last Previous Average Unit Reference Frequency
Population 6.13 5.93 3.09 Million 2012-12-31 Yearly [+]
Unemployment Rate 14.50 14.50 Percent 1984-12-31 Yearly [+]
Prices Last Previous Average Unit Reference Frequency
Inflation Rate 12.30 17.00 12.91 Percent 2013-12-31 Yearly [+]
Trade Last Previous Average Unit Reference Frequency
Balance of Trade -228.88 -392.84 -380.13 USD Million 2011-12-31 Yearly [+]
Current Account 70.00 66.00 -7.69 USD Million 2013-12-31 Yearly [+]
Current Account to GDP 1.30 0.20 -1.69 Percent 2012-12-31 Yearly [+]
Exports 374.90 101.39 115.01 USD Million 2011-12-31 Yearly [+]
Imports 603.78 494.23 495.14 USD Million 2011-12-31 Yearly [+]
Government Last Previous Average Unit Reference Frequency
Government Debt To GDP 36.00 45.80 54.18 Percent of GDP 2011-12-31 Yearly [+]
Government Budget -13.50 -16.20 -16.47 Percent of GDP 2012-12-31 Yearly [+]
Credit Rating 15.00 Monthly [+]
Taxes Last Previous Average Unit Reference Frequency
Sales Tax Rate 4.00 4.00 Percent 2014-01-01 Yearly [+]





RELATED NEWS

Eritrea Sales Tax Rate | VAT at 4.00 Percent  
The Sales Tax Rate in Eritrea stands at 4 percent. Sales Tax Rate in Eritrea is reported by the Ministry of Finance.
Eritrea Balance of Trade at -228.88 USD Million  
Eritrea recorded a trade deficit of 228.88 USD Million in 2011.
Eritrea Current Account at 70.00 USD Million  
Eritrea recorded a Current Account surplus of 70 USD Million in 2013.
Eritrea Imports at 603.78 USD Million  
Imports in Eritrea increased to 603.78 USD Million in 2011 from 494.23 USD Million in 2010.
Eritrea Exports at 374.90 USD Million  
Exports in Eritrea increased to 374.90 USD Million in 2011 from 101.39 USD Million in 2010.
Eritrea Inflation Rate at 12.30 Percent  
The inflation rate in Eritrea was recorded at 12.50 percent in 2012.
Eritrea GDP per capita at 200.45 USD  
The Gross Domestic Product per capita in Eritrea was last recorded at 200.45 US dollars in 2012. The GDP per Capita in Eritrea is equivalent to 2 percent of the worlds average. GDP per capita in Eritrea is reported by the World Bank.
Eritrea GDP per capita PPP at 488.04 USD  
The Gross Domestic Product per capita in Eritrea was last recorded at 488.04 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Eritrea, when adjusted by Purchasing Power Parity is equivalent to 2 percent of the worlds average. GDP per capita PPP in Eritrea is reported by the World Bank.
Eritrea Population at 6.13 Million  
The total population in Eritrea was last recorded at 6.1 million people in 2012 from 1.4 million in 1960, changing 338 percent during the last 50 years. Population in Eritrea is reported by the World Bank.
Eritrea GDP at 3.09 USD Billion  
The Gross Domestic Product (GDP) in Eritrea was worth 3.09 billion US dollars in 2012. The GDP value of Eritrea represents less than 0.01 percent of the world economy. GDP in Eritrea is reported by the World Bank.
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LATEST NEWS

Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Malaysian Inflation Rate Unchanged in March  
Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.
Italian Trade Surplus Widens in February  
The trade surplus increased to EUR 2.6 billion in February of 2014, from a revised EUR 0.36 billion in the previous month, as exports increased at a faster pace than imports. Compared with a year earlier, the trade surplus more than doubled from EUR 1.05 billion.
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This page includes a list of indicators for Eritrea. Eritrea | Economic Indicators - provides data from several countries including actual values, consensus figures, forecasts, historical time series and news. 4/16/2014