Trade openness in Eritrea in 2011 — 47.39%. Ranked 156 in the world out of 179. Since 1992, the indicator has fallen by 8.98 pp.
1992–2011 · % of GDP
How the value compares with the world and the groups this territory belongs to: Eritrea
| Year | % | Change, pp |
|---|---|---|
| 2011 | 47.39 | +9.92 pp |
| 2010 | 37.47 | +9.5 pp |
| 2009 | 27.97 | −2.59 pp |
| 2008 | 30.56 | −4 pp |
| 2007 | 34.56 | −10.7 pp |
| 2006 | 45.26 | −15.85 pp |
| 2005 | 61.11 | −4.46 pp |
| 2004 | 65.57 | −8.44 pp |
| 2003 | 74.01 | −2.58 pp |
| 2002 | 76.59 | +4.53 pp |
| 2001 | 72.06 | +4.18 pp |
| 2000 | 67.88 | −28.38 pp |
| 1999 | 96.26 | +1.33 pp |
| 1998 | 94.93 | −20.49 pp |
| 1997 | 115.41 | −1.2 pp |
| 1996 | 116.62 | +11.29 pp |
| 1995 | 105.32 | −5.56 pp |
| 1994 | 110.88 | +8.82 pp |
| 1993 | 102.06 | +45.68 pp |
| 1992 | 56.38 | — |
The same indicator for neighboring countries — with links to their pages
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.
Merchandise exports plus imports as a percent of GDP — without services.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.
