Eritrea GDP (2026)
LiveEritrea has an economy based on agriculture, mining, construction, fisheries, and limited manufacturing activity. Gold, copper, zinc, and other mineral resources contribute to export potential, while farming continues to support a large share of livelihoods. This page examines Eritrea GDP figures, historical trends, and the country's economic outlook for 2026.
Eritrea GDP Growth (1990โ2023)
Annual real GDP growth rate (%)
Historical Highlights
1990โ2023 GDP performance summary
Share of World GDP (2026)
Key Findings
Eritrea's GDP in 2026 is $2.28B.
It ranks #191 among 218 countries.
Eritrea contributes 0.00% to the world economy.
GDP per capita is N/A in 2023.
The economy recorded GDP growth of 0.00% in 2023.
Eritrea GDP Historical Data (1990โ2023)
| 2023 | $2,275,290,216 | 0.00% | N/A | 0.00% | #185 |
| 2022 | $2,383,297,748 | 0.00% | N/A | 0.00% | #185 |
| 2021 | $2,211,953,997 | 0.00% | N/A | 0.00% | #186 |
| 2020 | $2,112,199,005 | 0.00% | N/A | 0.00% | #184 |
| 2019 | $1,981,857,048 | 0.00% | N/A | 0.00% | #188 |
| 2018 | $2,005,658,375 | 0.00% | N/A | 0.00% | #187 |
| 2017 | $1,903,966,833 | 0.00% | N/A | 0.00% | #187 |
| 2016 | $2,173,713,029 | 0.00% | N/A | 0.00% | #184 |
| 2015 | $2,013,196,748 | 0.00% | N/A | 0.00% | #184 |
| 2014 | $2,604,234,146 | 0.00% | N/A | 0.00% | #180 |
| 2013 | $1,957,951,220 | 0.00% | N/A | 0.00% | #184 |
| 2012 | $2,254,861,789 | 0.00% | N/A | 0.00% | #181 |
| 2011 | $2,065,001,626 | 0.00% | N/A | 0.00% | #181 |
| 2010 | $1,589,515,447 | 0.00% | N/A | 0.00% | #182 |
| 2009 | $1,296,676,423 | 0.00% | N/A | 0.00% | #186 |
| 2008 | $922,692,683 | 0.00% | N/A | 0.00% | #191 |
| 2007 | $1,019,980,488 | 0.00% | N/A | 0.00% | #189 |
| 2006 | $937,318,204 | 0.00% | N/A | 0.00% | #189 |
| 2005 | $1,098,424,709 | 0.00% | N/A | 0.00% | #182 |
| 2004 | $1,109,054,002 | 0.00% | N/A | 0.00% | #180 |
| 2003 | $870,248,292 | 0.00% | N/A | 0.00% | #183 |
| 2002 | $729,321,669 | 0.00% | N/A | 0.00% | #187 |
| 2001 | $752,371,682 | 0.00% | N/A | 0.00% | #183 |
| 2000 | $706,370,812 | 0.00% | N/A | 0.00% | #181 |
| 1999 | $793,700,799 | 0.00% | N/A | 0.00% | #170 |
| 1998 | $809,308,957 | 0.00% | N/A | 0.00% | #169 |
| 1997 | $791,143,671 | 0.00% | N/A | 0.00% | #168 |
| 1996 | $748,506,166 | 0.00% | N/A | 0.00% | #167 |
| 1995 | $639,767,068 | 0.00% | N/A | 0.00% | #167 |
| 1994 | $630,809,714 | 0.00% | N/A | 0.00% | #162 |
| 1993 | $505,105,712 | 0.00% | N/A | 0.00% | #162 |
| 1992 | $437,102,374 | 0.00% | N/A | 0.00% | #160 |
| 1991 | $383,972,181 | 0.00% | N/A | 0.00% | #149 |
| 1990 | $332,377,579 | 0.00% | N/A | 0.00% | #149 |
Eritrea GDP Projections (IMF)
iEritrea Economy Overview
Eritrea has a largely state-influenced economy with activity concentrated in agriculture, mining, construction, and basic services. Mining operations produce gold, copper, zinc, and other minerals, providing an important source of merchandise exports and foreign currency. Most rural livelihoods depend on crops and livestock, although irregular rainfall frequently affects agricultural output. The country's Red Sea coastline provides potential opportunities in fisheries, ports, tourism, and regional logistics. Manufacturing remains modest, while limited private investment and restricted international economic integration constrain the development of a broader commercial sector.
Eritrea GDP Outlook
Eritreaโs outlook is difficult to assess because reliable economic data is limited and the economy remains relatively closed. Mining, agriculture, fisheries, and Red Sea logistics could offer long-term opportunities if investment and trade expand. Better infrastructure and private-sector participation would support diversification. Limited financial openness, drought, weak institutions, restricted investment, and narrow export markets continue to constrain growth.
Data & Methodology
How the figures on this page are compiled
- Primary Sources
- IMF, World Bank, United Nations and OECD
- Historical Coverage
- 1990โ2023
- GDP Measurement
- Nominal gross domestic product in current U.S. dollars
- Update Schedule
- Updated annually using the latest available projections
- Population Data
- United Nations World Population Prospects
Frequently Asked Questions
Eritrea's nominal GDP in 2023 is approximately $2,275,290,216, measured in current US dollars.
Eritrea's GDP growth rate in 2023 is 0.00%.
GDP per capita is calculated by dividing total GDP by the country's population.
Eritrea ranks #191 globally by nominal GDP in 2026.
GDP is commonly calculated as household consumption plus investment, government spending, and net exports.
Sources
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