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Eritrea

Region: East Africa
Currency: Eritrean nakfa (ERN)
Population: 6.5 million
Capital: Asmara
Fiscal year: January - December
Regional Economic Community: COMESA, CEN-SAD, IGAD
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2005 ERN[billions]) 37.93 30.11 32.33 29.09 32.88
GDP (current ERN[billions]) 40.04 30.95 33.37 28.7 30.24
GDP growth (%) 30.93 -20.62 7.39 -10.02 13.03
GDP per capita (constant 2005 ERN) 11,454.61 9,005.47 9,573.7 8,524.06 9,523.31
GDP per capita (current ERN) 12,093.05 9,259.02 9,880.51 8,409.7 8,756.24
Inflation (CPI) (%) 10.03 28.48 -5.58 -13.31 -14.4
General government revenue (% of GDP) 21.48 28.32 29.5 36.76 31.58
General government expenditure (% of GDP) 21.84 31.46 31.16 42.79 27.37
Budget balance (% of GDP) -0.36 -3.14 -1.66 -6.04 4.21
Primary balance (% of GDP) 1.23 -1.15 0.51 -3.93 5.7
General government debt (% of GDP) 136.56 180.71 167.51 202.54 185.61
Population (millions) 3.31 3.34 3.38 3.41 3.45

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