Population: 6.33 million in 20131
GDP: $3.44 billion in 20132
GDP per capita: $544 nominal3 ($1,195 PPP4) in 2013
GDP growth rate: 1.3% in 20135
GDP by Industry 20126
Industry sector | Value added ($ millions) 2012 | Percent of total |
Other activities | 696 | 27.6% |
Wholesale, retail trade, restaurants and hotels | 481 | 19.1% |
Agriculture, hunting, forestry, fishing | 429 | 17.0% |
Construction | 408 | 16.2% |
Transport, storage and communication | 308 | 12.2% |
Manufacturing | 155 | 6.1% |
Mining and utilities | 46 | 1.8% |
Total value added | 2,523 | 100% |
Unemployment rate: 7.2% in 20137
Employment by Industry 20048
Employment sector | Percent of total |
Agriculture | 80% |
Industry and services | 20% |
Total | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $6 billion (174% of GDP) in 201410
Household Wealth per Adult: $2,150 in 201410
Gini Coefficient: N/A
Central Government
Central Government Revenue: $0.97 billion (28% of GDP) in 201311
Central Government Expenditure: $1.42 billion (41% of GDP) in 201311
Central Government Budget Balance: -$0.45 billion (-13% of GDP) in 201311
Central Government Public Debt: N/A
Central Government 10 Year Bond Interest Rate: N/A
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds: N/A
Corporate Tax Rate: N/A
Money Supply (M1): $2.14 billion (62% of GDP) in 2011* 12
Benchmark Interest Rate: N/A
Total Reserves: $114 million (3% of GDP) in 201113
Exchange Rate: 10.47 Eritrean Nakfa = 1 U.S. Dollar on Feb 21, 201514
Inflation: 13% in 201315
* Money supply calculated using the exchange rate 11.47 ERN = 1 USD
Top 10 Financial Institutions by Assets 201316
N/A (data not available at Relbanks.com)
Exports: $0.50 billion (15% of GDP) in 201317
Imports: $1.03 billion (30% of GDP) in 201317
Trade Balance: -$0.53 billion (-15% of GDP) in 201317
Foreign Direct Investment Inflow: $44 million (1% of GDP) in 201318
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $134 million (4% of GDP) in 201219
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Government budget) Go back
12. Source: World Bank Indicators (Money supply) Go back
13. Source: World Bank Indicators (Total reserves) Go back
14. Source: xe.com (Exchange rate) Go back
15. Source: CIA World Factbook (Inflation rate) Go back
16. Source: Relbanks.com (Financial institutions by assets) Go back
17. Source: CIA World Factbook (Trade data) Go back
18. Source: World Bank Indicators (FDI data) Go back
19. Source: World Bank Indicators (Aid data) Go back