Eritrea flag

Eritrea GDP Growth Rate (2026)

Latest Update: November 2026
Source: IMF
Eritrea has a small East African economy supported by mining, agriculture, public-sector activity, and limited trade. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.8%
Annual real GDP growth
World Rank
#103
Out of 195 countries
Change vs 2025
N/A
Previous-year data unavailable
Africa Rank
#40
Out of 54 countries

1. Eritrea GDP Growth Rate in 2026

Economic growth is influenced by mining, agricultural output, public investment, trade access, and government policy. Reliable economic information remains limited.

2. Eritrea GDP Growth Rate Trends (2026–2026)

Eritrea’s growth history has been shaped by post-independence reconstruction, mining development, agriculture, and restricted international economic integration.

3. Eritrea GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +2.8% —

4. Eritrea GDP Growth Performance

Current Growth Rate
+2.8%
(2026 to 2026)
5-Year Average
+2.8%
(2022 to 2026)
10-Year Average
+2.8%
(2017 to 2026)
20-Year Average
+2.8%
(2007 to 2026)
The economy benefits from mineral resources, but limited private investment, weak infrastructure, and restricted market access constrain broader growth.

5. Eritrea GDP Growth Rate vs Africa and World

Eritrea
+2.8%
Africa Average
+4.1%
World Average
+2.8%
0.0% 2.1% 4.1%
Annual real GDP growth (%)
Eritrea’s GDP growth rate is approximately 1.3 pp below the Africa average and 0.0 pp below the world average.

6. Eritrea GDP Growth Rate Ranking in Africa

Rank Country GDP Growth Rate
#36 Mauritius +3.4%
#37 Sao Tome & Principe +3.4%
#38 Cameroon +3.3%
#39 Congo +2.8%
#40 Eritrea +2.8%
#41 Gabon +2.7%
#42 Central African Republic +2.6%
#43 Somalia +2.6%
#44 Namibia +2.4%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Eritrea

Eritrea GDP (Nominal)
$2.3 Billion
(2026)
Eritrea GDP Growth Rate
+2.8%
(2026)
Eritrea generally grows less dynamically than more open East African economies because trade and investment opportunities remain limited.
Explore more: Eritrea GDP

9. Eritrea GDP Growth Rate Forecast

The outlook depends on mining, agriculture, infrastructure, regional relations, and economic reform. Isolation and limited investment remain important risks.
Forecast data is currently unavailable for Eritrea.

10. Eritrea GDP Growth Rate: Key Findings

Eritrea GDP growth rate is estimated at +2.8% in 2026.
It ranks #103 globally and #40 in Africa by annual GDP growth rate.
The 5-year average GDP growth rate is +2.8%.
The 10-year average GDP growth rate is +2.8%.
The current rate is 1.3 percentage points below the Africa average.
The current rate is 0.0 percentage points below the world average.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: November 2026

13. Eritrea GDP Growth Rate FAQs

Eritrea GDP growth rate is estimated at +2.8% in 2026.
Eritrea ranks #103 globally and #40 in Africa by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.8% in 2026.
GDP growth rate data for 2015 is currently unavailable.
Eritrea GDP growth rate is 1.3 percentage points below the Africa average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.