🇪🇷

COUNTRY OUTLOOK / ER

Eritrea

Unverified rate framework · ISO:ER

Download country data

Explore historical data ↗Events & results ↗Latest model comparison ↗

Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY

CapitalAsmara

RegionSub-Saharan Africa

Income groupLow income

CurrencyEritrean nakfa

GDP$2.07B2011 · current US$

Real GDP growth8.68%2011 · annual %

Population3.61M2025 · people

GDP per capita$688.682011 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

Coverage varies

A comparable three-sector breakdown is unavailable. Individual sector observations, where reported, appear below.

Monetary & research context

Policy authorityISO:ER

Policy frameworkunverified rate framework

Native targetpolicy benchmark rate

Decision evidence0

Calendar evidence0

Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

8.68% · 2011 · annual %

View annual observations

Year	Value (annual %)
2011	8.680
2010	2.194
2009	3.877
2008	-9.783
2007	1.427
2006	-0.969
2005	2.574
2004	1.452
2003	-2.656
2002	3.005
2001	8.755
2000	-3.142

World Bank source & definition ↗

Country indicators

Download country profile ↗

Economy

GDP$2.07B2011 · current US$Source & definition ↗

Real GDP growth8.68%2011 · annual %Source & definition ↗

GDP per capita$688.682011 · current US$Source & definition ↗

GDP at purchasing power parityInt$ 5.22B2011 · current international $Source & definition ↗

People

Population3.61M2025 · peopleSource & definition ↗

Population growth2.00%2025 · annual %Source & definition ↗

Urban population34.54%2025 · % of populationSource & definition ↗

Life expectancy68.892024 · yearsSource & definition ↗

Unemployment · ILO estimate5.98%2025 · % of labor forceSource & definition ↗

Labor force participation · ages 15+78.35%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing14.12%2009 · % of GDPSource & definition ↗

Industry including construction21.82%2009 · % of GDPSource & definition ↗

ServicesNot available% of GDP

Manufacturing5.49%2009 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services18.15%2011 · % of GDPSource & definition ↗

Imports of goods & services29.24%2011 · % of GDPSource & definition ↗

Current account balance-14.82%2000 · % of GDPSource & definition ↗

Foreign direct investment · net inflows1.89%2011 · % of GDPSource & definition ↗

Money & public finance

Consumer inflationNot availableannual %

Central government debtNot available% of GDP

Tax revenueNot available% of GDP

Government cash surplus / deficitNot available% of GDP

Domestic credit to private sector53.24%2014 · % of GDPSource & definition ↗

Total reserves including gold$191.69M2019 · current US$Source & definition ↗

Infrastructure

Internet use14.35%2020 · % of populationSource & definition ↗

Access to electricity55.30%2024 · % of populationSource & definition ↗

Geography

Surface area121,7662023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

Explore the methodology