The Gross Domestic Product (GDP) in Eritrea contracted 0.60 percent in 2020. source: AFDB
GDP Annual Growth Rate in Eritrea averaged 4.93 percent from 1991 until 2020, reaching an all time high of 21.25 percent in 2001 and a record low of -13.12 percent in 2000. This page provides - Eritrea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Eritrea GDP Annual Growth Rate - values, historical data and charts - was last updated on October of 2021.
GDP Annual Growth Rate in Eritrea is expected to reach 4.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea GDP Annual Growth Rate is projected to trend around 5.00 percent in 2022 and 3.90 percent in 2023, according to our econometric models.