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Economy of Eritrea
Paperback
Series: Economy in Countries, Book 87
ISBN13: 9781795114622
Publisher: Independently Published
Published: Jan 25 2019
Pages: 54
Weight: 0.33
Height: 0.11 Width: 8.50 Depth: 11.00
Language: English
This book about the economy of Eritrea from the 1990s to the 2010s. Source data from UN Data.
Size. In the 2010s, the gross domestic product of Eritrea was equal to $2.1 billion per year; the value of agriculture was $355.6 million. Since the share in the world is less than .01%, the country is classified as a micro economy.
Productivity. In the 2010s, the GDP per capita was $616.8, the value of agriculture per capita was $106.7. Since the productivity is less the average below average, the economy is classified as least developed.
Growth. In the 2010s, the growth of GDP was 4.1%; the growth of agriculture was 6.2%.
Structure. In the 2010s, the economy of Eritrea consisted of: services (27.7%), agriculture (17.4%), construction (15.7%), industry (15.6%), transportation (12.3%), and trade (11.4%).
Export and import. In the 2010s, the import was 0.25% higher than the export, the net import was equal to 0.067% of the GDP. The technological structure of export is not better than the structure of import.
Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.
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