Imports of goods and services, Percent of GDP (Balance of Payments) in Eritrea
Eritrea: Imports of goods and services, Percent of GDP (Balance of Payments) was 29.27 in 2019. ◆ Volatile
Imports of goods and services, Percent of GDP (Balance of Payments) in Eritrea, 2000–2019
Source: International Monetary Fund.
Analysis
In 2019, imports of goods and services, percent of gdp (balance of payments) in Eritrea stood at 29.27.
That represents a change of up 2.5% on the previous year and down 13.8% over ten years.
Over the whole period, imports of goods and services, percent of gdp (balance of payments) in Eritrea peaked at 110.45 in 2001 and was at its lowest, 20.65, in 2016.
Eritrea ranks 28th 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.
Imports of goods and services, Percent of GDP (Balance of Payments) in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 88.66 | — |
| 2001 | 110.45 | +24.6% |
| 2002 | 83.74 | -24.2% |
| 2003 | 87.31 | +4.3% |
| 2004 | 77.27 | -11.5% |
| 2005 | 70.99 | -8.1% |
| 2006 | 49.57 | -30.2% |
| 2007 | 37.2 | -25.0% |
| 2008 | 38.59 | +3.7% |
| 2009 | 33.97 | -12.0% |
| 2010 | 32.4 | -4.6% |
| 2011 | 26.56 | -18.0% |
| 2012 | 24.17 | -9.0% |
| 2013 | 27.43 | +13.5% |
| 2014 | 25.11 | -8.5% |
| 2015 | 26.6 | +5.9% |
| 2016 | 20.65 | -22.4% |
| 2017 | 25.33 | +22.7% |
| 2018 | 28.55 | +12.7% |
| 2019 | 29.27 | +2.5% |
Eritrea compared with similar countries
- Eritrea's 29.27 is below the median for Sub-Saharan Africa, which is 31.7, 92% of the median. (45 countries reporting)
- Eritrea's 29.27 is below the median for low income countries, which is 31.7, 92% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 67.77 | 33.97 | 110.45 | 10 |
| 2010s | 26.61 | 20.65 | 32.4 | 10 |
Countries ranked near Eritrea
- 25 South Africa 30.97 compare
- 26 Togo 30.62 compare
- 27 Ghana 29.77 compare
- 29 Mali 28.23 compare
- 30 Sierra Leone 28.19 compare
- 31 Sao Tome and Principe 27.76 compare
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 imports of goods and services, percent of gdp (balance of payments) in Eritrea?
- Imports of goods and services, percent of gdp (balance of payments) in Eritrea was 29.27 in 2019, according to International Monetary Fund.
- What is the highest imports of goods and services, percent of gdp (balance of payments) recorded in Eritrea?
- The highest recorded value was 110.45 in 2001.
- What is the lowest imports of goods and services, percent of gdp (balance of payments) recorded in Eritrea?
- The lowest recorded value was 20.65 in 2016.
- How does Eritrea rank for imports of goods and services, percent of gdp (balance of payments)?
- Eritrea ranks 28th out of 45 countries with data for 2019.
- Is imports of goods and services, percent of gdp (balance of payments) rising or falling in Eritrea?
- Over the last ten years it is down 13.8%. 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 Imports 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.