Exports of goods and services, Percent of GDP (Balance of Payments) in Eritrea
Eritrea: Exports of goods and services, Percent of GDP (Balance of Payments) was 31.49 in 2019. ◆ Volatile
Exports of goods and services, Percent of GDP (Balance of Payments) in Eritrea, 2000–2019
Source: International Monetary Fund.
Analysis
The most recent figure for exports of goods and services, percent of gdp (balance of payments) in Eritrea is 31.49, measured in 2019.
The figure is down 4.3% on the previous year and up 385.6% over ten years.
Over the whole period, exports of goods and services, percent of gdp (balance of payments) in Eritrea peaked at 33.1 in 2015 and was at its lowest, 5.96, in 2010.
Eritrea ranks 21st of 45 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services, Percent of GDP (Balance of Payments) in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 15.27 | — |
| 2001 | 13.96 | -8.5% |
| 2002 | 15.22 | +9.0% |
| 2003 | 8.32 | -45.3% |
| 2004 | 7.46 | -10.4% |
| 2005 | 7.97 | +6.8% |
| 2006 | 8.92 | +11.9% |
| 2007 | 7.46 | -16.3% |
| 2008 | 6.62 | -11.2% |
| 2009 | 6.48 | -2.1% |
| 2010 | 5.96 | -8.0% |
| 2011 | 29.25 | +390.4% |
| 2012 | 28.42 | -2.8% |
| 2013 | 14.42 | -49.3% |
| 2014 | 31 | +115.0% |
| 2015 | 33.1 | +6.8% |
| 2016 | 19.15 | -42.2% |
| 2017 | 32.53 | +69.9% |
| 2018 | 32.9 | +1.1% |
| 2019 | 31.49 | -4.3% |
Eritrea compared with similar countries
- Eritrea's 31.49 is above the median for Sub-Saharan Africa, which is 30.37, 1.0× the median. (45 countries reporting)
- Eritrea's 31.49 is above the median for low income countries, which is 29.81, 1.1× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services, Percent of GDP (Balance of Payments) in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +390.4% | 5.96 | 29.25 |
| 2014 | +115.0% | 14.42 | 31 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.77 | 6.48 | 15.27 | 10 |
| 2010s | 25.82 | 5.96 | 33.1 | 10 |
Countries ranked near Eritrea
More trade data for Eritrea
- Commodity Net Export Price Index, Individual Commodities Weighted by 132.24 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.38 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.31 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 96.58 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.97 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 69.85 (2025)
- Extensive Margin, Theil index 0.3065 (2014)
- Export Diversification, Theil index 6.14 (2014)
- Intensive Margin, Theil index 5.83 (2014)
- Milking, dairy machinery (trade) — Import Value 14 1000 USD (2007)
Frequently asked questions
- What is exports of goods and services, percent of gdp (balance of payments) in Eritrea?
- Exports of goods and services, percent of gdp (balance of payments) in Eritrea was 31.49 in 2019, according to International Monetary Fund.
- What is the highest exports of goods and services, percent of gdp (balance of payments) recorded in Eritrea?
- The highest recorded value was 33.1 in 2015.
- What is the lowest exports of goods and services, percent of gdp (balance of payments) recorded in Eritrea?
- The lowest recorded value was 5.96 in 2010.
- How does Eritrea rank for exports of goods and services, percent of gdp (balance of payments)?
- Eritrea ranks 21st out of 45 countries with data for 2019.
- Is exports of goods and services, percent of gdp (balance of payments) rising or falling in Eritrea?
- Over the last ten years it is up 385.6%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, published as part of Exports of goods and services, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.