Eritrea Nominal GDP

Indicator note: Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Source organization: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

Metadata fetched: 2026-09-27 04:51:36. Open original metadata response.

Source revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.

Eritrea recorded 1,98 bn current US$ in 2019, the latest year available in this series.

Compared with 2018, the nominal gdp decreased by 24,00 m.

Across the latest five-year comparison window, the series shows an downward direction.

Across 28 observations from 1992 to 2019, the average was 1,18 bn; the minimum was 374,00 m in 1993 and the maximum was 2,60 bn in 2014.

Eritrea ranks 192 out of 214 countries with a current value in the portal ranking.

The latest value is below the available average for Sub-Saharan Africa.

It is also below the available average for the Low income group.

Size of the economy at current market prices.