Eritrea GDP Per Capita 2011

[ Nominal GDP Per Capita in USD ]

Year -

$688.68

Source: world bank Nominal/PPP
Summary:

Eritrea GDP Per Capita expanded from 1992 to 2011, increasing from $265.24 to $688.68 .The compound annual growth rate (CAGR) averaged 5.15% over the period. The economy recorded its peak level in 2011 and its lowest level in 1993. Growth volatility remained high. The maximum drawdown reached 16.06%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

Latest GDP Per Capita of Eritrea 2011 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20112011
Latest GDP Per Capita$ 688.68 dollars$ 1,742.32 Int dollars
Growth (YoY)27.605%8.95%
Net Change vs Previous Year$ 148.98 dollars$ 143.13 Int dollars
% of World GDP Per Capita0.93%1.80%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Eritrea GDP | Eritrea GDP Growth

Eritrea Annual GDP Per Capita From 1960 to 2011

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
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1992265.24--1020.57--
1993252.09-13.16-4.96 %1148.76128.1912.561 %
1994277.825.7210.201 %1379.25230.4820.064 %
1995285.47.62.736 %1368.78-10.47-0.759 %
1996325.8440.4414.168 %1449.0580.285.865 %
1997318.98-6.86-2.105 %1573.13124.078.562 %
1998341.9222.947.191 %159824.881.581 %
1999311.34-30.58-8.944 %1597.13-0.87-0.055 %
2000314.363.020.97 %1557.88-39.25-2.458 %
2001325.4111.053.516 %1683.68125.818.076 %
2002304.78-20.63-6.341 %1701.718.011.07 %
2003348.9544.1714.494 %1620.85-80.84-4.751 %
2004426.8477.8922.321 %1620.76-0.09-0.005 %
2005412.75-14.09-3.3 %1674.0753.313.289 %
200644835.248.539 %1682.248.170.488 %
2007480.4532.457.243 %1727.0944.852.666 %
2008490.079.622.002 %1546.93-180.17-10.432 %
2009642.93152.8631.191 %1576.7429.821.927 %
2010539.7-103.23-16.056 %1599.1922.451.424 %
2011688.68148.9827.605 %1742.32143.138.95 %
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Eritrea Economic Phases (1992 - 2011)

From 1992 to 2011, Eritrea economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Expansion (2000–2001) indicating steady moderate growth
  • High Growth (2003–2004) indicating robust economic expansion
  • High Growth (2006–2007) indicating robust economic expansion
  • High Growth (2011–2011) indicating robust economic expansion

The most remarkable growth occurred in 2009 with an increase of 31.191%, while the largest decline was in 2010 at -16.056%.