Global Macro Expert
Beta Siller Advisory

Macro

Eritrea

Sub-Saharan Africa · Low income · IMF WEO April 2026 · World Bank WDI

GDP▼ 1.2%
Current prices2019
2USD bn
GDP per capita▼ 2.4%
Current prices2019
567USD
Real GDP growth▼ 9.2 pp
Annual change2019
3.8%
Inflation▲ 15.7 pp
Average consumer prices2019
1.3%
Government debt▼ 6.7 pp
General government, gross2019
260.4% of GDP
Current account▼ 2.5 pp
Balance2019
13.0% of GDP
Population▲ 1.3%
Total2019
3.50million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-20.60.030.91995: 2.3%1996: 9.1%1997: 7.9%1998: 2.0%1999: 0.2%2000: -12.4%2001: 8.8%2002: 3.0%2003: -2.7%2004: 1.5%2005: 2.6%2006: -1.0%2007: 1.4%2008: -19.4%2009: 12.2%2010: 10.9%2011: 25.7%2012: 1.9%2013: -10.5%2014: 30.9%2015: -20.6%2016: 7.4%2017: -10.0%2018: 13.0%2019: 3.8%199520002005201020152019

Inflation, %

Average consumer prices · lighter bars = IMF projection
-14.40.033.91995: 12.0%1996: 10.3%1997: 3.7%1998: 9.5%1999: 8.4%2000: 19.9%2001: 14.6%2002: 16.9%2003: 22.7%2004: 25.1%2005: 12.5%2006: 7.7%2007: 9.4%2008: 22.2%2009: 33.9%2010: 10.3%2011: 5.9%2012: 6.0%2013: 6.3%2014: 8.4%2015: 28.5%2016: -5.6%2017: -13.3%2018: -14.4%2019: 1.3%199520002005201020152019

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %––––––––––
Inflation, average consumer prices %––––––––––
GDP, current prices USD bn––––––––––
GDP per capita, current prices USD––––––––––
GDP per capita, PPP Int. USD––––––––––
General government gross debt % of GDP––––––––––
General government net lending/borrowing % of GDP––––––––––
Current account balance % of GDP––––––––––
Population million––––––––––

Government debt, % of GDP

General government gross debt
0.02902000: 219%2001: 239%2002: 243%2003: 264%2004: 194%2005: 205%2006: 199%2007: 201%2008: 260%2009: 207%2010: 202%2011: 172%2012: 172%2013: 232%2014: 204%2015: 271%2016: 251%2017: 290%2018: 267%2019: 260%20002005201020152019

Current account, % of GDP

Balance of payments
-24.80.024.82000: -21.1%2001: -24.8%2002: -0.1%2003: -2.3%2004: -0.9%2005: 0.4%2006: -4.6%2007: -7.9%2008: -7.6%2009: -11.3%2010: -11.4%2011: 12.8%2012: 12.4%2013: 2.3%2014: 17.7%2015: 22.4%2016: 13.4%2017: 24.8%2018: 15.5%2019: 13.0%20002005201020152019

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method650USD2011+103.1%
GNI, Atlas method2USD bn2011+161.4%
Exports of goods and services18.2% of GDP2011+7.3 pp
Imports of goods and services29.2% of GDP2011-32.0 pp
Life expectancy at birth68.9years2024+5.2%
Urban population34.5% of total2025-1.1 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)