Knowledge

Economy of Eritrea

Source 📝

941:, however the number of gold reserves was unknown. International observers also have noted Eritrea's potential for quarrying ornamental marble and granite. As of 2001, some 10 mining companies had obtained licenses to prospect for different minerals in Eritrea. The government of Eritrea reportedly was in the process of conducting a geological survey for use by potential investors in the mining sector. The presence of hundreds of thousands of land mines in Eritrea, particularly along the border with Ethiopia, has presented a serious impediment to future development of the mining sector. 492: 388: 2168: 1110: 1127:
revenues of only US$ 235.7 million. In 2002 the fiscal deficit was 32 percent of GDP. Current expenditures continue to exceed budgeted spending, particularly in defense and other discretionary expenditures. Monetary policy remains subservient to the financing demands of the government, and debt is unsustainably high. This situation is not likely to change until demobilization of the military occurs. According to the CIA World Factbook, the Eritrean Government has revenues of $ 715.2 million, and outlays of $ 1.021 billion.
1019: 903: 24: 402: 65: 534: 464: 374: 562: 1198: 696: 360: 478: 416: 548: 520: 1079:, commercial banks in Eritrea—all government owned and operated—appear to be in compliance with prudent regulations. Although the commercial banking sector is largely profitable, mostly owing to income from foreign exchange transactions, the sector is burdened by a high proportion of non-performing loans. Core lending activities do not generate sufficient income to cover operating costs at most commercial banks. 346: 506: 211: 203: 144: 136: 1580: 1099:(ERN), introduced in November 1997. In early 2005, likely in an effort to increase foreign capital reserves, the Eritrean government decreed that all transactions in Eritrea must be conducted in nakfa. It soon became illegal for individuals to hold and exchange foreign currency. As of January 1, 2005, the government set the foreign exchange rate at US$ 1=ERN15. 869:, as well as rehabilitation of the port there, may support increased exports of high-value seafood. In 2002, exports were about 14,000 tons, but the maximum stable yield is thought to be nearly 80,000 tons. A fish processing plant was built in 1998 that now exports 150 tons of frozen fish every month to markets in 1161:
In 2011, Eritrea imported goods worth US$ 899.9 million, including machinery, petroleum products, food, and manufactured goods. Eritrea's main suppliers were Brazil, China, Egypt, India, Italy, Germany, Saudi Arabia, and South Africa. In 2011 exports from Eritrea were valued at US$ 415.4 million, and
864:
in Eritrea are difficult to obtain. However, Eritrea's long coastline offers the opportunity for significant expansion of the fishing industry from its current, largely artisanal, stage. Eritrea exports fish and sea cucumbers from the Red Sea to markets in Europe and Asia, and there is hope that the
856:
As of 2011, the government encouraged large-scale cultivation of cactus to help alleviate the human suffering and, in the future, increase export revenues. Cactus plants are said to have been introduced in 1839 by a French Catholic missionary who planted the cactus in Digsa, Akrur and Hebo, Southern
768:
Short-term growth prospects remain challenging given fiscal constraints and limited opportunities under existing restrictions. The recovery in agriculture is expected to slow. The country remains in a difficult macroeconomic situation with an unsustainable debt burden (including arrears to the World
756:
Eritrea's recent growth performance has been marked by significant volatility in part due to its dependence on a predominantly rain-fed agriculture sector, accounting for about one-third of the economy and which has a significant impact on distribution services which account for around 20% of gross
777:
Eritrea's GDP, estimated at $ 4.037 billion in 2011, was 8.7 percent above the GDP in 2010. The growth was due to increased agricultural output and the expansion of the mining industry along with increasing gold prices. Breakdowns of the Eritrean economy by sector have not been readily available;
764:
In recent years, Eritrea has significantly tightened fiscal policy to reverse the chronic deficits it suffered after the increase in regional insecurity in 1998. In 2018, the fiscal surplus widened to around 11% of GDP. This was largely achieved by a sharp drop in capital spending as well as some
801:
employed nearly 80 percent of the population but accounted for only 12.4 percent of gross domestic product (GDP) in Eritrea. The agricultural sector has improved with the use of modern farming equipment and techniques, and dams. Nevertheless, it is compromised by a lack of financial services and
1126:
Eritrea does not publish a budget, making its fiscal condition difficult to assess. According to the International Monetary Fund, the overall fiscal deficit in 2003 was 17 percent of gross domestic product (GDP). Government expenditures for that year were estimated to be US$ 375 million, with
974:
During the period of federation, industrial capacity largely shifted to Ethiopia, leaving the Eritrean industrial sector with outmoded capital equipment. In 2003 industry accounted for 25.3 percent of gross domestic product. Major products include processed food and dairy products, alcoholic
1005:
was completed just south of Massawa in 2003, its completion delayed nearly three years by the war with Ethiopia. Annual consumption of petroleum in 2001 was estimated at 370,000 tons. Eritrea has no domestic petroleum production; the Eritrean Petroleum Corporation conducts purchases through
1165:
Foreign investment is hindered by government regulations that seek to protect domestic industries from foreign competition and by a generally unfavorable investment climate. Major foreign investors in Eritrea include China, South Korea, Italy, South Africa, and Germany, as well as the
1105:
continues to be a problem in Eritrea, particularly as years of drought push grain prices higher and defense expenditures remain high. The International Monetary Fund estimates that in 2003 (the most recent year for which figures are available) average inflation reached 23 percent.
760:
Reported inflation has been negative during 2016–18, following the exchange of currency in circulation in November 2015 that resulted in a monetary contraction. Deflation continued in 2018 as increased trade with Ethiopia resulted in further put downward pressure on prices.
757:
domestic product (GDP), and on a narrow mining sector which also accounts for 20% of the economy. Real GDP growth is estimated to have recovered to around 12% in 2018, while averaging -2.7% during 2015–18 on account of frequent droughts and a decline in mining production.
778:
however, according to some estimates, in 2011 services accounted for 55 percent of the GDP, industry for 34 percent, and agriculture for the remaining 11 percent. The growth of the GDP, however, is compromised by the ongoing and tensions with the country's borders.
1185:
signed a peace agreement in Jeddah, Saudi Arabia between the two countries after a bitter war that lasted 20 years (from 1998 to 2018). The two neighbouring countries ceased hostilities and restored trade and diplomatic ties, and planned joint projects.
1035:(the nation's central bank), the Commercial Bank of Eritrea, the Housing and Commerce Bank of Eritrea, the Agricultural and Industrial Bank of Eritrea, the Eritrean Investment and Development Bank, and the National Insurance Corporation of Eritrea. 1162:
the bulk were food, livestock, small manufactures, sorghum, and textiles. The major markets for Eritrean goods were China, Egypt, Italy, Saudi Arabia, Sudan, and the UK. More recently, fish, flowers, and salt have joined the list of exports.
1014:
have slightly increased, due to the growth of solar power manufacturing companies in the country. The Eritrean government has expressed interest in developing alternative energy sources, including geothermal, solar, and wind power.
1006:
international competitive tender. According to the U.S. Department of Commerce, opportunities exist for both on- and offshore oil and natural gas exploration; however, these prospects have yet to come to fruition. The use of
846:
have played a role in the declining productivity of the agricultural sector. Almost a quarter of the country's most productive land remains unoccupied because of the lingering effects of the 1998–2000 war with Ethiopia.
1173:
The government prefers private-sector investment to official aid programs and declines foreign aid; therefore its relations with aid-dispensing nations and international institutions have often been difficult.
958:
completed construction of its Bisha gold mining project. Estimated production was to be 350,000 ounces of gold per year until the gold ore is exhausted, at which point the mine would produce copper and zinc.
966:, Zhong Chang Mining Co, China Africa Huakan Investment Co., Land Energy Group (China) Ltd, Beijing Donia Resources Co.), the UK (London Africa Ltd, Andiamo Exploration Ltd.), the UAE and Barbados. 1087:
Agriculture employs about 80 percent of the population in Eritrea, and the remaining 20 percent are employed in industry and services. The GDP per capita at nominal value was $ 475 in 2011.
1472: 1158:
are aggressively pursuing market opportunities in Eritrea. There is growing interest in U.S. products and services in Eritrea, although U.S. investment in Eritrea is still small.
682:
has an extensive amount of resources such as copper, gold, granite, marble, and potash. As of 2012, 20 mining companies had obtained licenses to prospect and exploit mines.
962:
As of 2012, nine explorer companies operated in Eritrea from Canada (NGEx Resources), Australia (Chalice Gold Mines, South Boulder Mines, Sunridge Gold Corp), China (
1498:"Nevsun Resources: Bisha Mine, Bisha Project, Gold Production, Gold Mine Africa, Mining Africa, Copper Mine, Mining Eritrea, Base Metal Properties, High-Grade Gold" 1556: 993:
in 2001 was estimated at 220.5 million kilowatt-hours. Consumption for that year was estimated at 205.1-kilowatt hours. An 88-megawatt electricity plant funded by
857:
region. The second generation of cactus plants were introduced by the Italians, who planted them at Arberebu while they were building the Asmara rail lines.
1031:
In 2011, services accounted for 55 percent of gross domestic product. Financial services, the bulk of the services sector, are principally rendered by the
1447: 1948: 1718: 1226: 110: 889:
flared up in 1995 and again in 2002, and Eritrea's difficult relations with other nations could hamper further development of the industry.
1425: 2064: 1863: 2546: 2145: 1703: 2155: 2133: 1640: 2305: 2113: 1723: 602: 717: 951:
In 2011, the Australian Chalice mining company applied through a 60/40 joint venture for a mining license for 18 years.
2341: 1221: 162: 2506: 2310: 2288: 2077: 1282: 743: 672:
in 2011 of 8.7 percent and in 2012 of 7.5% over 2011, and has a total of $ 8.090 billion as of 2020. However, worker
1497: 725: 2138: 933:
As of 2001, Eritrea's substantial mineral deposits were largely unexplored. According to the Eritrean government,
2269: 2198: 1608: 842:. The displacement of 1 million Eritreans as a result of the war with Ethiopia, and the widespread presence of 721: 166: 2359: 2203: 1974: 963: 2259: 2123: 2057: 1738: 1584: 665: 2264: 2541: 2021: 2017: 1451: 1261: 1076: 2425: 2405: 2128: 1633: 1374: 1058: 1050: 2218: 2188: 2030: 1358: 632: 2460: 1778: 1114: 1032: 706: 114: 1049:
Eritrea's lack of access to funds, the presence of large numbers of land mines, and the continued
765:
revenue measures. However, fiscal pressures, both recurrent and wage-related are likely to mount.
2447: 2435: 2298: 2293: 2276: 2249: 2167: 2050: 2013: 1888: 1878: 1683: 1524: 710: 215: 148: 2336: 2281: 1893: 1783: 1713: 990: 792: 669: 126: 1421: 1953: 1873: 1838: 1823: 1808: 1763: 1698: 1626: 945: 2004: 1543: 1399: 2470: 2455: 2369: 2254: 2208: 2193: 2176: 1828: 648: 241: 1473:"Chalice takes key step towards gold production with signing of Eritrean Mining Agreement" 8: 2480: 2410: 2237: 2223: 2118: 1928: 1903: 1753: 1748: 1728: 1693: 1678: 1355: 1613: 916:
Please help update this article to reflect recent events or newly available information.
37:
Please help update this article to reflect recent events or newly available information.
2499: 2383: 2364: 2213: 2085: 2000: 1991: 1982: 1913: 1883: 1868: 1853: 1843: 1833: 1798: 1793: 1688: 1663: 1283:"Global Economic Prospects, June 2019: Heightened Tensions, Subdued Investment. p. 127" 1216: 1070: 1044: 668:. It experienced considerable growth in recent years, indicated by an improvement in 2475: 2465: 2346: 1923: 1918: 1858: 1813: 1773: 1668: 1649: 984: 256: 1351: 1313: 2515: 2430: 2420: 2415: 2395: 2098: 1978: 1898: 1848: 1803: 1788: 1768: 1758: 1733: 1673: 1253: 1054: 955: 934: 861: 2400: 2108: 1908: 1818: 1708: 301: 676:
from abroad are estimated to account for 32 percent of gross domestic product.
2520: 2351: 1363:
This article incorporates text from this source, which is in the public domain.
1203: 1178: 1109: 1096: 948:
for gold through a 50/50 joint venture set up in 2009 with Thani Dubai Mining.
870: 815: 407: 81: 2535: 1501: 583: 106: 1018: 1151: 994: 539: 469: 379: 64: 1589: 2103: 1143: 1011: 1007: 878: 798: 567: 90: 2150: 1293: 1182: 1167: 843: 673: 1614:
IMF Executive Board Concludes Consultation with Eritrea February 2005
1522: 1102: 1002: 293: 237: 1618: 989:
Households consume more than 80 percent of total energy production.
695: 2042: 1557:"After making peace, Ethiopia and Eritrea now focus on development" 1061:, international tourism receipts in 2002 were only US$ 73 million. 850: 831: 231:
agriculture (11.7%), industry (29.6%), services (58.7%) (2017 est.)
2073: 1211: 1155: 886: 874: 866: 803: 679: 2093: 998: 827: 819: 807: 553: 525: 297: 70: 1147: 1139: 1135: 975:
beverages, glass, leather goods, marble, textiles, and salt.
944:
In 2011, AngloGold Ashanti moved into Eritrea to explore the
882: 839: 811: 511: 497: 483: 421: 393: 365: 351: 1378: 938: 835: 823: 305: 1595: 1090: 448:
machinery, petroleum products, food, manufactured goods
1523:
Eritrean Center for Strategic Studies (October 2012).
1375:"Eritrea: Africa's Economic Success Story - iNewp.com" 1315:, International Monetary Fund. Retrieved October 2012. 330:
food, livestock, small manufactures, sorghum, textiles
786: 769:
Bank) and vulnerable financial and external sectors.
1193: 1051:
tensions that flare up between Eritrea and Ethiopia
853:is not a significant economic activity in Eritrea. 1113:The Massawa-Asmara Highway, built as part of the 2533: 860:Reliable figures on the extent and value of the 1254:"World Economic Outlook Database, October 2019" 772: 1525:"Mining and Exploration Activities in Eritrea" 865:construction of a new, jet-capable airport in 283:agriculture (80%), services and industry (20%) 2058: 1634: 1227:United Nations Economic Commission for Africa 1130: 969: 802:investment. Major agricultural products are 647:All values, unless otherwise stated, are in 724:. Unsourced material may be challenged and 2065: 2051: 1641: 1627: 1609:Eritrea latest trade data on ITC Trade Map 1248: 1246: 1244: 1242: 1177:On 16 September 2018, Eritrean President 63: 744:Learn how and when to remove this message 1419: 1108: 1017: 664:has undergone extreme changes after the 1239: 591:$ 1.026 billion (31 December 2012 est.) 2534: 1091:Currency, exchange rate, and inflation 1064: 892: 2046: 1648: 1622: 1440: 1347: 1345: 1343: 1341: 937:in 1998 collected 573.4 kilograms of 2072: 1516: 1339: 1337: 1335: 1333: 1331: 1329: 1327: 1325: 1323: 1321: 1121: 896: 722:adding citations to reliable sources 689: 17: 1053:have deterred the development of a 685: 13: 1422:"Why Eritrea is turning to cactus" 1420:Kithinji, Brian (24 August 2021). 1222:List of companies based in Eritrea 787:Agriculture, Forestry, and Fishing 14: 2558: 1602: 1318: 2166: 1949:Sahrawi Arab Democratic Republic 1719:Democratic Republic of the Congo 1583: This article incorporates 1578: 1196: 901: 694: 560: 546: 532: 518: 504: 490: 476: 462: 414: 400: 386: 372: 358: 344: 210: 209: 202: 201: 143: 142: 135: 134: 22: 1549: 1537: 1490: 1428:from the original on 2021-08-25 2547:African Union member economies 1465: 1448:"AngloGold moves into Eritrea" 1413: 1392: 1367: 1307: 1275: 1082: 139:$ 2.25 billion (nominal, 2021) 1: 1232: 1181:and Ethiopian Prime Minister 1095:The official currency is the 1057:in Eritrea. According to the 964:Sichuan Road and Bridge Group 781: 2146:Djiboutian–Eritrean conflict 1450:. 2011-05-12. Archived from 773:Gross domestic product (GDP) 7: 1290:openknowledge.worldbank.org 1262:International Monetary Fund 1189: 1077:International Monetary Fund 1026: 885:over fishing rights in the 640:$ 236.7 million (2017 est.) 626:$ 2.601 billion (2017 est.) 618:$ 2.029 billion (2017 est.) 438:$ 1.127 billion (2017 est.) 320:$ 635.7 million (2017 est.) 185:7.9% (18/19e) 7.9% (19/20f) 10: 2563: 1546:| CIA - The World Factbook 1131:Foreign economic relations 1068: 1059:World Tourism Organization 1042: 1038: 982: 970:Industry and Manufacturing 790: 279:Labour force by occupation 182:7.6% (16/17) 10.2% (17/18) 2493: 2446: 2391: 2382: 2332: 2323: 2245: 2236: 2184: 2175: 2164: 2084: 1962: 1937: 1656: 1359:Federal Research Division 978: 910:This section needs to be 644: 630: 622: 614: 610:131.2% of GDP (2017 est.) 600: 595: 580: 452: 442: 434: 334: 324: 316: 311: 300:, clothing and textiles, 287: 277: 267: 252: 235: 225: 192: 173: 158: 125: 120: 100: 88: 77: 62: 31:This article needs to be 1704:Central African Republic 1033:National Bank of Eritrea 273:2.71 million (2017 est.) 1352:Eritrea country profile 1022:Harnet Avenue in Asmara 304:, light manufacturing, 2289:International rankings 2129:Eritrean–Ethiopian War 1585:public domain material 1118: 1023: 991:Electricity production 793:Agriculture in Eritrea 670:gross domestic product 1864:SĂŁo TomĂ© and PrĂ­ncipe 1724:Republic of the Congo 1115:Wefri Warsay Yika'alo 1112: 1021: 946:Arabian-Nubian Shield 206:$ 626 (nominal, 2021) 1400:"The World Factbook" 718:improve this section 454:Main import partners 336:Main export partners 2124:War of Independence 1939:States with limited 1356:Library of Congress 1065:Banking and Finance 893:Mining and minerals 666:War of Independence 102:Trade organisations 59: 2542:Economy of Eritrea 2360:Telecommunications 1650:Economy of Africa 1591:The World Factbook 1544:The World Factbook 1477:www.prnewswire.com 1361:(September 2005). 1217:Banking in Eritrea 1119: 1071:Banking in Eritrea 1045:Tourism in Eritrea 1024: 662:economy of Eritrea 54: 2529: 2528: 2489: 2488: 2476:List of Eritreans 2378: 2377: 2319: 2318: 2306:Political parties 2260:Foreign relations 2232: 2231: 2139:2018 peace summit 2040: 2039: 1966:other territories 1739:Equatorial Guinea 1122:Government budget 1075:According to the 985:Energy in Eritrea 931: 930: 754: 753: 746: 657: 656: 254:Population below 52: 51: 2554: 2509: 2502: 2406:Independence Day 2389: 2388: 2355: 2330: 2329: 2243: 2242: 2182: 2181: 2170: 2099:Kingdom of Aksum 2067: 2060: 2053: 2044: 2043: 2027: 2026:(United Kingdom) 2022:Tristan da Cunha 2018:Ascension Island 2010: 1997: 1988: 1964:Dependencies and 1657:Sovereign states 1643: 1636: 1629: 1620: 1619: 1599: 1582: 1581: 1572: 1571: 1569: 1568: 1553: 1547: 1541: 1535: 1534: 1532: 1531: 1520: 1514: 1513: 1511: 1509: 1500:. Archived from 1494: 1488: 1487: 1485: 1484: 1469: 1463: 1462: 1460: 1459: 1444: 1438: 1437: 1435: 1433: 1417: 1411: 1410: 1408: 1406: 1396: 1390: 1389: 1387: 1386: 1377:. Archived from 1371: 1365: 1349: 1316: 1311: 1305: 1304: 1302: 1300: 1287: 1279: 1273: 1272: 1270: 1268: 1250: 1206: 1201: 1200: 1199: 1055:tourist industry 956:Nevsun Resources 935:artisanal mining 926: 923: 917: 905: 904: 897: 881:. Tensions with 862:fishing industry 749: 742: 738: 735: 729: 698: 690: 686:Economic history 635: 634:Foreign reserves 605: 586: 566: 564: 563: 552: 550: 549: 538: 536: 535: 524: 522: 521: 510: 508: 507: 496: 494: 493: 482: 480: 479: 468: 466: 465: 420: 418: 417: 406: 404: 403: 392: 390: 389: 378: 376: 375: 364: 362: 361: 350: 348: 347: 259: 213: 212: 205: 204: 147:$ 6.88 billion ( 146: 145: 138: 137: 67: 60: 58: 53: 47: 44: 38: 26: 25: 18: 2562: 2561: 2557: 2556: 2555: 2553: 2552: 2551: 2532: 2531: 2530: 2525: 2512: 2505: 2498: 2485: 2442: 2426:Public holidays 2374: 2353: 2315: 2228: 2171: 2162: 2134:border conflict 2109:Italian Eritrea 2094:Kingdom of DÊżmt 2080: 2071: 2041: 2036: 2035: 2025: 2008: 1995: 1986: 1967: 1965: 1958: 1942: 1940: 1933: 1652: 1647: 1605: 1588: 1579: 1576: 1575: 1566: 1564: 1555: 1554: 1550: 1542: 1538: 1529: 1527: 1521: 1517: 1507: 1505: 1504:on 27 June 2012 1496: 1495: 1491: 1482: 1480: 1471: 1470: 1466: 1457: 1455: 1446: 1445: 1441: 1431: 1429: 1418: 1414: 1404: 1402: 1398: 1397: 1393: 1384: 1382: 1373: 1372: 1368: 1350: 1319: 1312: 1308: 1298: 1296: 1285: 1281: 1280: 1276: 1266: 1264: 1252: 1251: 1240: 1235: 1202: 1197: 1195: 1192: 1133: 1124: 1093: 1085: 1073: 1067: 1047: 1041: 1029: 987: 981: 972: 927: 921: 918: 915: 906: 902: 895: 795: 789: 784: 775: 750: 739: 733: 730: 715: 699: 688: 659: 653: 637: 633: 607: 604:Government debt 603: 596:Public finances 588: 584: 576: 561: 559: 547: 545: 533: 531: 519: 517: 505: 503: 491: 489: 477: 475: 463: 461: 455: 445: 430: 415: 413: 401: 399: 387: 385: 373: 371: 359: 357: 345: 343: 337: 327: 302:food processing 290: 289:Main industries 280: 270: 263:50% (2004 est.) 260: 255: 248:−14.401% (2018) 245: 228: 221: 195: 188: 176: 154: 103: 93: 73: 56: 48: 42: 39: 36: 27: 23: 12: 11: 5: 2560: 2550: 2549: 2544: 2527: 2526: 2524: 2523: 2518: 2511: 2510: 2503: 2495: 2494: 2491: 2490: 2487: 2486: 2484: 2483: 2478: 2473: 2468: 2463: 2458: 2452: 2450: 2444: 2443: 2441: 2440: 2439: 2438: 2428: 2423: 2418: 2413: 2408: 2403: 2398: 2392: 2386: 2380: 2379: 2376: 2375: 2373: 2372: 2367: 2362: 2357: 2349: 2344: 2339: 2333: 2327: 2321: 2320: 2317: 2316: 2314: 2313: 2308: 2303: 2302: 2301: 2291: 2286: 2285: 2284: 2274: 2273: 2272: 2262: 2257: 2252: 2246: 2240: 2234: 2233: 2230: 2229: 2227: 2226: 2221: 2216: 2211: 2206: 2201: 2196: 2191: 2185: 2179: 2173: 2172: 2165: 2163: 2161: 2160: 2159: 2158: 2148: 2143: 2142: 2141: 2136: 2126: 2121: 2116: 2111: 2106: 2101: 2096: 2090: 2088: 2082: 2081: 2070: 2069: 2062: 2055: 2047: 2038: 2037: 2034: 2033: 2031:Western Sahara 2028: 2011: 1998: 1989: 1975:Canary Islands 1971: 1970: 1968: 1963: 1960: 1959: 1957: 1956: 1951: 1945: 1943: 1938: 1935: 1934: 1932: 1931: 1926: 1921: 1916: 1911: 1906: 1901: 1896: 1891: 1886: 1881: 1876: 1871: 1866: 1861: 1856: 1851: 1846: 1841: 1836: 1831: 1826: 1821: 1816: 1811: 1806: 1801: 1796: 1791: 1786: 1781: 1776: 1771: 1766: 1761: 1756: 1751: 1746: 1741: 1736: 1731: 1726: 1721: 1716: 1711: 1706: 1701: 1696: 1691: 1686: 1681: 1676: 1671: 1666: 1660: 1658: 1654: 1653: 1646: 1645: 1638: 1631: 1623: 1617: 1616: 1611: 1604: 1603:External links 1601: 1574: 1573: 1561:Africa Renewal 1548: 1536: 1515: 1489: 1464: 1439: 1412: 1391: 1366: 1317: 1306: 1274: 1237: 1236: 1234: 1231: 1230: 1229: 1224: 1219: 1214: 1208: 1207: 1204:Eritrea portal 1191: 1188: 1179:Isaias Afwerki 1132: 1129: 1123: 1120: 1097:Eritrean nakfa 1092: 1089: 1084: 1081: 1069:Main article: 1066: 1063: 1043:Main article: 1040: 1037: 1028: 1025: 983:Main article: 980: 977: 971: 968: 954:Also in 2011, 929: 928: 909: 907: 900: 894: 891: 816:dairy products 788: 785: 783: 780: 774: 771: 752: 751: 702: 700: 693: 687: 684: 655: 654: 645: 642: 641: 638: 631: 628: 627: 624: 620: 619: 616: 612: 611: 608: 601: 598: 597: 593: 592: 589: 581: 578: 577: 575: 574: 571: 557: 543: 529: 515: 501: 487: 473: 458: 456: 453: 450: 449: 446: 443: 440: 439: 436: 432: 431: 429: 428: 425: 411: 397: 383: 369: 355: 340: 338: 335: 332: 331: 328: 325: 322: 321: 318: 314: 313: 309: 308: 291: 288: 285: 284: 281: 278: 275: 274: 271: 268: 265: 264: 261: 253: 250: 249: 246: 236: 233: 232: 229: 226: 223: 222: 220: 219: 207: 198: 196: 194:GDP per capita 193: 190: 189: 187: 186: 183: 179: 177: 174: 171: 170: 160: 156: 155: 153: 152: 140: 131: 129: 123: 122: 118: 117: 104: 101: 98: 97: 94: 89: 86: 85: 82:Eritrean nakfa 79: 75: 74: 68: 50: 49: 30: 28: 21: 9: 6: 4: 3: 2: 2559: 2548: 2545: 2543: 2540: 2539: 2537: 2522: 2519: 2517: 2514: 2513: 2508: 2504: 2501: 2497: 2496: 2492: 2482: 2479: 2477: 2474: 2472: 2469: 2467: 2464: 2462: 2461:Ethnic groups 2459: 2457: 2454: 2453: 2451: 2449: 2445: 2437: 2434: 2433: 2432: 2429: 2427: 2424: 2422: 2419: 2417: 2414: 2412: 2409: 2407: 2404: 2402: 2399: 2397: 2394: 2393: 2390: 2387: 2385: 2381: 2371: 2368: 2366: 2363: 2361: 2358: 2356: 2350: 2348: 2345: 2343: 2340: 2338: 2335: 2334: 2331: 2328: 2326: 2322: 2312: 2309: 2307: 2304: 2300: 2297: 2296: 2295: 2292: 2290: 2287: 2283: 2280: 2279: 2278: 2275: 2271: 2268: 2267: 2266: 2263: 2261: 2258: 2256: 2253: 2251: 2248: 2247: 2244: 2241: 2239: 2235: 2225: 2222: 2220: 2217: 2215: 2212: 2210: 2207: 2205: 2202: 2200: 2197: 2195: 2192: 2190: 2187: 2186: 2183: 2180: 2178: 2174: 2169: 2157: 2154: 2153: 2152: 2149: 2147: 2144: 2140: 2137: 2135: 2132: 2131: 2130: 2127: 2125: 2122: 2120: 2117: 2115: 2112: 2110: 2107: 2105: 2102: 2100: 2097: 2095: 2092: 2091: 2089: 2087: 2083: 2079: 2075: 2068: 2063: 2061: 2056: 2054: 2049: 2048: 2045: 2032: 2029: 2023: 2019: 2015: 2012: 2006: 2002: 1999: 1993: 1990: 1984: 1980: 1976: 1973: 1972: 1969: 1961: 1955: 1952: 1950: 1947: 1946: 1944: 1936: 1930: 1927: 1925: 1922: 1920: 1917: 1915: 1912: 1910: 1907: 1905: 1902: 1900: 1897: 1895: 1892: 1890: 1887: 1885: 1882: 1880: 1877: 1875: 1872: 1870: 1867: 1865: 1862: 1860: 1857: 1855: 1852: 1850: 1847: 1845: 1842: 1840: 1837: 1835: 1832: 1830: 1827: 1825: 1822: 1820: 1817: 1815: 1812: 1810: 1807: 1805: 1802: 1800: 1797: 1795: 1792: 1790: 1787: 1785: 1782: 1780: 1779:Guinea-Bissau 1777: 1775: 1772: 1770: 1767: 1765: 1762: 1760: 1757: 1755: 1752: 1750: 1747: 1745: 1742: 1740: 1737: 1735: 1732: 1730: 1727: 1725: 1722: 1720: 1717: 1715: 1712: 1710: 1707: 1705: 1702: 1700: 1697: 1695: 1692: 1690: 1687: 1685: 1682: 1680: 1677: 1675: 1672: 1670: 1667: 1665: 1662: 1661: 1659: 1655: 1651: 1644: 1639: 1637: 1632: 1630: 1625: 1624: 1621: 1615: 1612: 1610: 1607: 1606: 1600: 1597: 1593: 1592: 1586: 1562: 1558: 1552: 1545: 1540: 1526: 1519: 1503: 1499: 1493: 1478: 1474: 1468: 1454:on 2020-12-01 1453: 1449: 1443: 1427: 1423: 1416: 1401: 1395: 1381:on 2013-01-29 1380: 1376: 1370: 1364: 1360: 1357: 1353: 1348: 1346: 1344: 1342: 1340: 1338: 1336: 1334: 1332: 1330: 1328: 1326: 1324: 1322: 1314: 1310: 1295: 1291: 1284: 1278: 1263: 1259: 1255: 1249: 1247: 1245: 1243: 1238: 1228: 1225: 1223: 1220: 1218: 1215: 1213: 1210: 1209: 1205: 1194: 1187: 1184: 1180: 1175: 1171: 1169: 1163: 1159: 1157: 1153: 1149: 1145: 1141: 1137: 1128: 1116: 1111: 1107: 1104: 1100: 1098: 1088: 1080: 1078: 1072: 1062: 1060: 1056: 1052: 1046: 1036: 1034: 1020: 1016: 1013: 1009: 1004: 1000: 996: 992: 986: 976: 967: 965: 960: 957: 952: 949: 947: 942: 940: 936: 925: 913: 908: 899: 898: 890: 888: 884: 880: 876: 872: 868: 863: 858: 854: 852: 848: 845: 841: 837: 833: 829: 825: 821: 817: 813: 809: 805: 800: 794: 779: 770: 766: 762: 758: 748: 745: 737: 727: 723: 719: 713: 712: 708: 703:This section 701: 697: 692: 691: 683: 681: 677: 675: 671: 667: 663: 652: 650: 643: 639: 636: 629: 625: 621: 617: 613: 609: 606: 599: 594: 590: 587: 585:external debt 579: 572: 569: 558: 555: 544: 541: 530: 527: 516: 513: 502: 499: 488: 485: 474: 471: 460: 459: 457: 451: 447: 441: 437: 433: 426: 423: 412: 409: 398: 395: 384: 381: 370: 367: 356: 353: 342: 341: 339: 333: 329: 323: 319: 315: 310: 307: 303: 299: 295: 292: 286: 282: 276: 272: 266: 262: 258: 251: 247: 243: 239: 234: 230: 227:GDP by sector 224: 217: 208: 200: 199: 197: 191: 184: 181: 180: 178: 172: 168: 164: 161: 157: 150: 141: 133: 132: 130: 128: 124: 119: 116: 112: 108: 105: 99: 96:Calendar year 95: 92: 87: 83: 80: 76: 72: 66: 61: 46: 34: 29: 20: 19: 16: 2448:Demographics 2324: 2299:Conscription 2277:Human rights 2250:Constitution 2114:World War II 2014:Saint Helena 1985:   1889:South Africa 1879:Sierra Leone 1743: 1684:Burkina Faso 1590: 1577: 1565:. Retrieved 1563:. 2018-12-07 1560: 1551: 1539: 1528:. Retrieved 1518: 1506:. Retrieved 1502:the original 1492: 1481:. Retrieved 1479:. 2 Nov 2011 1476: 1467: 1456:. Retrieved 1452:the original 1442: 1430:. Retrieved 1415: 1403:. Retrieved 1394: 1383:. Retrieved 1379:the original 1369: 1362: 1309: 1297:. Retrieved 1289: 1277: 1265:. Retrieved 1257: 1176: 1172: 1164: 1160: 1152:South Africa 1134: 1125: 1101: 1094: 1086: 1074: 1048: 1030: 995:Saudi Arabia 988: 973: 961: 953: 950: 943: 932: 919: 911: 859: 855: 849: 796: 776: 767: 763: 759: 755: 740: 731: 716:Please help 704: 678: 661: 658: 646: 540:South Africa 470:Saudi Arabia 444:Import goods 380:Saudi Arabia 326:Export goods 269:Labour force 257:poverty line 165:(nominal) / 40: 32: 15: 2337:Agriculture 2199:Earthquakes 2156:Involvement 2104:Medri Bahri 1941:recognition 1894:South Sudan 1784:Ivory Coast 1144:South Korea 1083:Labor force 1012:solar power 1008:Wind energy 879:Netherlands 799:agriculture 674:remittances 573:(2008 est.) 568:South Korea 427:(2008 est.) 91:Fiscal year 55:Economy of 2536:Categories 2411:Literature 2354:(currency) 2265:Government 2151:Tigray War 2119:Civil wars 1996:(Portugal) 1954:Somaliland 1874:Seychelles 1839:Mozambique 1824:Mauritania 1809:Madagascar 1764:The Gambia 1699:Cape Verde 1567:2024-01-04 1530:2023-05-18 1483:2023-05-18 1458:2023-05-18 1385:2012-12-04 1299:7 December 1294:World Bank 1233:References 1183:Abiy Ahmed 1168:World Bank 877:, and the 844:land mines 791:See also: 782:Industries 649:US dollars 175:GDP growth 121:Statistics 69:A view of 2471:Languages 2456:Education 2370:Transport 2342:Companies 2311:President 2255:Elections 2209:Provinces 2204:Mountains 2194:Districts 2177:Geography 1829:Mauritius 1432:25 August 1103:Inflation 1003:Abu Dhabi 797:In 2004, 705:does not 294:beverages 238:Inflation 214:$ 1,910 ( 2516:Category 2481:Religion 2436:Olympics 2294:Military 2238:Politics 2224:Wildlife 2078:articles 2020: / 2016: / 2009:(France) 2003: / 1981: / 1977: / 1929:Zimbabwe 1904:Tanzania 1754:Ethiopia 1749:Eswatini 1729:Djibouti 1694:Cameroon 1679:Botswana 1426:Archived 1267:2 August 1190:See also 1117:program. 1027:Services 922:May 2023 851:Forestry 734:May 2023 623:Expenses 615:Revenues 312:External 159:GDP rank 78:Currency 43:May 2023 2500:Outline 2396:Cuisine 2384:Culture 2365:Tourism 2325:Economy 2270:Cabinet 2214:Regions 2086:History 2074:Eritrea 2005:RĂ©union 2001:Mayotte 1992:Madeira 1987:(Spain) 1983:Melilla 1914:Tunisia 1884:Somalia 1869:Senegal 1854:Nigeria 1844:Namibia 1834:Morocco 1799:Liberia 1794:Lesotho 1744:Eritrea 1714:Comoros 1689:Burundi 1664:Algeria 1508:11 June 1405:11 June 1258:IMF.org 1212:Eritrea 1156:Germany 1039:Tourism 912:updated 887:Red Sea 875:Germany 871:Britain 867:Massawa 832:leather 820:lentils 804:sorghum 726:removed 711:sources 680:Eritrea 435:Imports 317:Exports 218:, 2021) 151:, 2021) 57:Eritrea 33:updated 2521:Portal 2466:Health 2352:Nakfa 2347:Energy 2219:Rivers 2189:Cities 2076:  2024:  2007:  1994:  1924:Zambia 1919:Uganda 1859:Rwanda 1814:Malawi 1774:Guinea 1669:Angola 1154:, and 1001:, and 999:Kuwait 979:Energy 838:, and 828:millet 808:barley 582:Gross 565:  554:Brazil 551:  537:  526:Russia 523:  509:  495:  481:  467:  419:  405:  391:  377:  363:  349:  298:cement 111:COMESA 71:Asmara 2507:Index 2431:Sport 2421:Music 2416:Media 1979:Ceuta 1899:Sudan 1849:Niger 1804:Libya 1789:Kenya 1769:Ghana 1759:Gabon 1734:Egypt 1674:Benin 1587:from 1286:(PDF) 1148:Italy 1140:India 1136:China 883:Yemen 840:wheat 812:beans 512:India 500:11.1% 498:China 486:11.9% 484:Egypt 472:15.7% 422:Egypt 394:China 366:Sudan 354:30.5% 352:Italy 169:(PPP) 167:156th 163:156th 84:(ERN) 2401:Flag 2282:LGBT 1909:Togo 1819:Mali 1709:Chad 1510:2015 1434:2021 1407:2015 1301:2019 1269:2022 1010:and 939:gold 836:teff 824:meat 709:any 707:cite 660:The 570:4.3% 556:5.9% 542:6.5% 528:7.2% 514:8.9% 424:4.8% 410:5.7% 396:8.5% 382:8.8% 306:salt 115:AfDB 1596:CIA 720:by 368:24% 242:CPI 216:PPP 149:PPP 127:GDP 2538:: 1594:. 1559:. 1475:. 1424:. 1354:. 1320:^ 1292:. 1288:. 1260:. 1256:. 1241:^ 1170:. 1150:, 1146:, 1142:, 1138:, 997:, 873:, 834:, 830:, 826:, 822:, 818:, 814:, 810:, 806:, 408:UK 296:, 113:, 109:, 107:AU 2066:e 2059:t 2052:v 1642:e 1635:t 1628:v 1598:. 1570:. 1533:. 1512:. 1486:. 1461:. 1436:. 1409:. 1388:. 1303:. 1271:. 924:) 920:( 914:. 747:) 741:( 736:) 732:( 728:. 714:. 651:. 244:) 240:( 45:) 41:( 35:.

Index


Asmara
Eritrean nakfa
Fiscal year
AU
COMESA
AfDB
GDP
PPP
156th
156th
PPP
Inflation
CPI
poverty line
beverages
cement
food processing
salt
Italy
Sudan
Saudi Arabia
China
UK
Egypt
Saudi Arabia
Egypt
China
India
Russia

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

↑