Household consumption (% of GDP) in Eritrea in 2011 — 98.2%. Ranked 3 in the world out of 176. Since 1992, the indicator has fallen by 5.8 pp.
1992–2011 · % of GDP
How the value compares with the world and the groups this territory belongs to: Eritrea
| Year | % | Change, pp |
|---|---|---|
| 2011 | 98.2 | −15.5 pp |
| 2010 | 113.7 | +24.2 pp |
| 2009 | 89.5 | +6.9 pp |
| 2008 | 82.6 | −2.1 pp |
| 2007 | 84.7 | −7.2 pp |
| 2006 | 91.9 | −1.3 pp |
| 2005 | 93.2 | −3.9 pp |
| 2004 | 97.1 | +9.2 pp |
| 2003 | 88 | +4.2 pp |
| 2002 | 83.8 | +11.3 pp |
| 2001 | 72.5 | +0.8 pp |
| 2000 | 71.7 | +2.2 pp |
| 1999 | 69.5 | −11.1 pp |
| 1998 | 80.6 | −14.3 pp |
| 1997 | 95 | +3.2 pp |
| 1996 | 91.8 | −2.5 pp |
| 1995 | 94.3 | −5.5 pp |
| 1994 | 99.8 | +6.6 pp |
| 1993 | 93.2 | −10.7 pp |
| 1992 | 104 | — |
The same indicator for neighboring countries — with links to their pages
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy Gross capital formation (% of GDP)Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.
