GDP (IMF) — all countries

GDP (IMF) — Eritrea

GDP (IMF) in Eritrea in 2019 — 2 bn US$. Ranked 175 in the world out of 196. Since 1992, the indicator has risen by 227.1%.

2019 2 bn US$ −1.2% vs 2018
World rank 175of 196
Period maximum 2.6 bn US$2014
Period minimum 0.4 bn US$1993

Trend over time

1992–2019 · billion US$

GDP (IMF) — Eritrea, 1992–2019012319921995199820012004200720102013201620191992: 0.6 bn US$1993: 0.4 bn US$1994: 0.4 bn US$1995: 0.5 bn US$1996: 0.6 bn US$1997: 0.6 bn US$1998: 0.6 bn US$1999: 0.6 bn US$2000: 0.5 bn US$2001: 0.6 bn US$2002: 0.6 bn US$2003: 0.7 bn US$2004: 0.9 bn US$2005: 0.9 bn US$2006: 0.9 bn US$2007: 1 bn US$2008: 0.9 bn US$2009: 1.3 bn US$2010: 1.6 bn US$2011: 2.1 bn US$2012: 2.3 bn US$2013: 2 bn US$2014: 2.6 bn US$2015: 2 bn US$2016: 2.2 bn US$2017: 1.9 bn US$2018: 2 bn US$2019: 2 bn US$
Change over the period: +1.4 (+227.06%) Average annual rate: 4.49 %

Comparison, 2019

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

Eritrea 2 bn US$
World computed 88,478.3 bn US$
Sub-Saharan Africa computed 2,068.7 bn US$
Eastern Africa computed 442.2 bn US$
Low-income countries computed 410.9 bn US$
GDP (IMF) — Eritrea, by year Eritrea All countries CSV XLSX
Year bn US$ Change Change, %
2019 2 −0 −1.2%
2018 2 +0.1 +5.36%
2017 1.9 −0.3 −13.96%
2016 2.2 +0.2 +9.77%
2015 2 −0.6 −22.58%
2014 2.6 +0.6 +32.99%
2013 2 −0.3 −13.17%
2012 2.3 +0.2 +9.2%
2011 2.1 +0.5 +29.87%
2010 1.6 +0.3 +22.59%
2009 1.3 +0.4 +40.52%
2008 0.9 −0.1 −9.51%
2007 1 +0.1 +8.86%
2006 0.9 +0.1 +10.24%
2005 0.9 −0 −0.93%
2004 0.9 +0.2 +27.49%
2003 0.7 +0.1 +19.33%
2002 0.6 −0 −3.09%
2001 0.6 +0 +6.4%
2000 0.5 −0.1 −10.91%
1999 0.6 −0 −1.92%
1998 0.6 +0 +5.39%
1997 0.6 +0 +2.59%
1996 0.6 +0.1 +19.88%
1995 0.5 +0 +11.55%
1994 0.4 +0.1 +15.78%
1993 0.4 −0.2 −38.28%
1992 0.6

About the indicator

Gross domestic product in current prices, in billions of US dollars, from the IMF World Economic Outlook database. It differs from the World Bank series in the method of conversion into dollars and in that the most recent years are estimates while the next five are IMF projections. That makes the series convenient for planning, but part of the values are calculations rather than facts.

Important: Values for the current and following years are IMF estimates and projections; they are revised with every WEO release, in April and October.

Source: World Economic Outlook (IMF), license IMF open data.