Real GDP growth (IMF) — all countries

Real GDP growth (IMF) — Eritrea

Real GDP growth (IMF) in Eritrea in 2019 — 3.8%. Ranked 74 in the world out of 196. Since 1993, the indicator has fallen by 9.1 pp.

2019 3.8% −9.2 pp vs 2018
World rank 74of 196
Period maximum 30.9%2014
Period minimum -20.6%2015

Trend over time

1993–2019 · % per year

Real GDP growth (IMF) — Eritrea, 1993–2019-40-200204019931996199920022005200820112014201720191993: 12.9%1994: 20.9%1995: 2.3%1996: 9.1%1997: 7.9%1998: 2%1999: 0.2%2000: -12.4%2001: 8.8%2002: 3%2003: -2.7%2004: 1.5%2005: 2.6%2006: -1%2007: 1.4%2008: -19.4%2009: 12.2%2010: 10.9%2011: 25.7%2012: 1.9%2013: -10.5%2014: 30.9%2015: -20.6%2016: 7.4%2017: -10%2018: 13%2019: 3.8%
Change over the period: −9.1 pp Annual average: -0.35 pp

Comparison, 2019

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

Eritrea 3.8%
World computed 2.74%
Sub-Saharan Africa computed 2.69%
Eastern Africa computed 4.95%
Low-income countries computed 4.7%
Real GDP growth (IMF) — Eritrea, by year Eritrea All countries CSV XLSX
Year % Change, pp
2019 3.8 −9.2 pp
2018 13 +23 pp
2017 -10 −17.4 pp
2016 7.4 +28 pp
2015 -20.6 −51.5 pp
2014 30.9 +41.4 pp
2013 -10.5 −12.4 pp
2012 1.9 −23.8 pp
2011 25.7 +14.8 pp
2010 10.9 −1.3 pp
2009 12.2 +31.6 pp
2008 -19.4 −20.8 pp
2007 1.4 +2.4 pp
2006 -1 −3.6 pp
2005 2.6 +1.1 pp
2004 1.5 +4.2 pp
2003 -2.7 −5.7 pp
2002 3 −5.8 pp
2001 8.8 +21.2 pp
2000 -12.4 −12.6 pp
1999 0.2 −1.8 pp
1998 2 −5.9 pp
1997 7.9 −1.2 pp
1996 9.1 +6.8 pp
1995 2.3 −18.6 pp
1994 20.9 +8 pp
1993 12.9

About the indicator

The annual growth rate of GDP in constant prices from the IMF World Economic Outlook database. It is the main reference point for judging the prospects of economies: these are the figures quoted as the IMF growth forecast. Values for past years are actuals from the national accounts; those for the current and future years are estimates and projections.

Important: The projection years are revised twice a year, and the divergence from the eventual actuals can be substantial for commodity economies.

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