What was Eritrea's GDP (constant 2015 US$) in 2011?

In 2011, Eritrea's GDP (constant 2015 US$) was $2.25 billion, according to World Bank Open Data.

Is Eritrea's GDP (constant 2015 US$) rising or falling?

Eritrea's GDP (constant 2015 US$) rose 8.7% from 2010 to 2011.

How does Eritrea's GDP (constant 2015 US$) compare to the world average?

The global average for GDP (constant 2015 US$) in 2011 was $497.78 billion, so Eritrea is below the world average.

Eritrea: GDP (constant 2015 US$)

Name: Eritrea: GDP (constant 2015 US$)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2011, Eritrea's GDP (constant 2015 US$) was $2.25 billion.

That's up 8.7% from 2010, the highest value on record.

The global average for this indicator in 2011 was $497.78 billion .

Source: World Bank Open Data (NY.GDP.MKTP.KD) • Data as of 2011

Trend (2005–2011)

2008 · Global financial crisis

Highlights

Peak: $2.25B; 2011
Trough: $1.95B; 2008
1-year change: +8.7%
5-year change: +5.6%; +1.1% / yr

Historical Data — Last 10 Years

Year	GDP (constant 2015 US$)
2011	2.253B
2010	2.073B
2009	2.029B
2008	1.953B
2007	2.165B
2006	2.134B
2005	2.155B

About GDP (constant 2015 US$)

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Indicator code: NY.GDP.MKTP.KD • Category: Economy

How to read GDP figures: GDP (Gross Domestic Product) is measured in current US dollars, which means values change both due to real economic growth and currency fluctuations. A more useful comparison across countries is GDP per capita, which divides GDP by population. For growth trends, check GDP growth (annual %).

Frequently asked questions

What was Eritrea's GDP (constant 2015 US$) in 2011?: In 2011, Eritrea's GDP (constant 2015 US$) was $2.25 billion, according to World Bank Open Data.
Is Eritrea's GDP (constant 2015 US$) rising or falling?: Eritrea's GDP (constant 2015 US$) rose 8.7% from 2010 to 2011.
How does Eritrea's GDP (constant 2015 US$) compare to the world average?: The global average for GDP (constant 2015 US$) in 2011 was $497.78 billion, so Eritrea is below the world average.
What is GDP (constant 2015 US$) and how is it measured?: Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

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Source: World Bank Open Data (NY.GDP.MKTP.KD), CC BY 4.0.