GDP in constant prices — all countries

GDP in constant prices — Eritrea

GDP in constant prices in Eritrea in 2011 — 2,252,986,366 US$ 2015. Ranked 178 in the world out of 210. Since 1992, the indicator has risen by 95.1%.

2011 2.25B US$ 2015 +8.68% vs 2010
World rank 178of 210
Period maximum 2.25B US$ 20152011
Period minimum 1.15B US$ 20151992

Trend over time

1992–2011 · constant 2015 US$

GDP in constant prices — Eritrea, 1992–20111B1.5B2B2.5B199219941996199820002002200420062008201020111992: 1,154,926,146 US$ 20151993: 1,310,318,716 US$ 20151994: 1,588,386,838 US$ 20151995: 1,633,788,955 US$ 20151996: 1,785,058,837 US$ 20151997: 1,926,233,510 US$ 20151998: 1,960,377,600 US$ 20151999: 1,960,641,860 US$ 20152000: 1,899,038,769 US$ 20152001: 2,065,307,885 US$ 20152002: 2,127,379,251 US$ 20152003: 2,070,886,356 US$ 20152004: 2,100,950,150 US$ 20152005: 2,155,038,051 US$ 20152006: 2,134,151,054 US$ 20152007: 2,164,601,595 US$ 20152008: 1,952,837,971 US$ 20152009: 2,028,539,765 US$ 20152010: 2,073,049,789 US$ 20152011: 2,252,986,366 US$ 2015
Change over the period: +1.1B (+95.08%) Average annual rate: 3.58 %

Comparison, 2011

How the value compares with the world and the groups this territory belongs to: Eritrea

Eritrea 2.25B US$ 2015
World 67.43T US$ 2015
Sub-Saharan Africa 1.44T US$ 2015
Eastern Africa computed 279B US$ 2015
Low-income countries computed 402B US$ 2015
GDP in constant prices — Eritrea, by year Eritrea All countries CSV XLSX
Year US$ 2015 Change Change, %
2011 2.25B +180M +8.68%
2010 2.07B +44.51M +2.19%
2009 2.03B +75.7M +3.88%
2008 1.95B −212M −9.78%
2007 2.16B +30.45M +1.43%
2006 2.13B −20.89M −0.97%
2005 2.16B +54.09M +2.57%
2004 2.1B +30.06M +1.45%
2003 2.07B −56.49M −2.66%
2002 2.13B +62.07M +3.01%
2001 2.07B +166M +8.76%
2000 1.9B −61.6M −3.14%
1999 1.96B +264,261 +0.01%
1998 1.96B +34.14M +1.77%
1997 1.93B +141M +7.91%
1996 1.79B +151M +9.26%
1995 1.63B +45.4M +2.86%
1994 1.59B +278M +21.22%
1993 1.31B +155M +13.45%
1992 1.15B

About the indicator

Gross domestic product in constant 2015 prices and at the exchange rate of that same year. Unlike nominal GDP, this series does not grow with inflation or with movements of the exchange rate, so it is the only one on which the size of a country's economy can be compared with its own past. The difference accumulates fast: over thirty years the nominal GDP of most countries grew several times more than the real one, and almost all of that difference is price growth.

Important: Suited to comparing a country with itself over time, but not countries with one another: conversion at the 2015 exchange rate does not account for differences in price levels. For cross-country comparison there is GDP at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.