Eritrea: Imports of goods and services (% of GDP)
In , Eritrea's Imports of goods and services (% of GDP) was 29.24.
That's down 6.0% from 2010, the highest value since .
The global average for this indicator in 2011 was 47.94 .
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2011
Trend (2005–2011)
- 2008 · Global financial crisis
Highlights
- Peak
- 54.94
- Trough
- 23.44
- 1-year change
- -6.0%
- 5-year change
- -23.8%
- -5.3% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 29.2390 | |
| 31.0931 | |
| 23.4435 | |
| 26.1322 | |
| 28.7877 | |
| 38.3613 | |
| 54.9403 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Eritrea's Imports of goods and services (% of GDP) in 2011?
- In 2011, Eritrea's Imports of goods and services (% of GDP) was 29.24, according to World Bank Open Data.
- Is Eritrea's Imports of goods and services (% of GDP) rising or falling?
- Eritrea's Imports of goods and services (% of GDP) fell 6.0% from 2010 to 2011.
- How does Eritrea's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2011 was 47.94, so Eritrea is below the world average.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.