Eritrea GDP (2019): History, Growth Rate & Projections

Nominal Gross Domestic Product (GDP) of Eritrea is $1.98 billion as of 2019, according to the International Monetary Fund (IMF). The GDP growth rate in 2019 is 3.8%. GDP per capita is $567.

Eritrea GDP Trend

Nominal GDP of Eritrea has grown from $0.61 billion in 1992 to $1.98 billion in 2019.

Eritrea GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Eritrea. Hover any bar to see the exact value for that year.

Average Growth

3.77%

Best Year

2014 (+30.9%)

Worst Year

2015 (-20.6%)

Years of Contraction

7 of 27

GDP per capita in Eritrea rose from $581 in 2018 to $567 in 2019, a decrease of 2.4%.

"Eritrea GDP", "Eritrea gross domestic product", and "Eritrea economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Eritrea

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Eritrea for every year IMF has published data, from 1992 to 2019. Click any column header to sort, or search by year.

Eritrea nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2019	$1,982,000,000	3.8%	$567	1.27%
2018	$2,006,000,000	13%	$581	1.17%
2017	$1,904,000,000	-10%	$558	1.07%
2016	$2,213,000,000	7.4%	$655	1.02%
2015	$2,016,000,000	-20.6%	$603	0.97%
2014	$2,604,000,000	30.9%	$787	0.91%
2013	$1,958,000,000	-10.5%	$597	0.95%
2012	$2,255,000,000	1.9%	$694	1.12%
2011	$2,065,000,000	25.7%	$643	1.39%
2010	$1,590,000,000	10.9%	$501	1.6%
2009	$1,297,000,000	12.2%	$416	1.86%
2008	$923,000,000	-19.4%	$301	2.2%
2007	$1,020,000,000	1.4%	$340	2.71%
2006	$937,000,000	-1%	$321	3.22%
2005	$850,000,000	2.6%	$301	3.93%
2004	$858,000,000	1.5%	$316	4.58%
2003	$673,000,000	-2.7%	$259	4.84%
2002	$564,000,000	3%	$228	4.46%
2001	$582,000,000	8.8%	$245	3.62%
2000	$547,000,000	-12.4%	$239	2.46%
1999	$614,000,000	0.2%	$275	1.41%
1998	$626,000,000	2%	$284	0.5%
1997	$594,000,000	7.9%	$271	-0.05%
1996	$579,000,000	9.1%	$264	-0.36%
1995	$483,000,000	2.3%	$219	-0.63%
1994	$433,000,000	20.9%	$195	-0.94%
1993	$374,000,000	12.9%	$167	-0.84%
1992	$606,000,000	—	$268	—

Present Value Calculator

Work out today's value of a future sum of money.

Open calculator

Compare Eritrea to Nearby-Ranked Economies

Eritrea ranks #191 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#190Antigua and Barbuda GDP #192Seychelles GDP

SIP Calculator

See what a monthly investment could grow to over a similar multi-decade horizon.

Open calculator

Frequently Asked Questions

What is the GDP of Eritrea?

The nominal GDP of Eritrea in 2019 is $1.98 billion, according to the IMF World Economic Outlook (April 2026). This ranks Eritrea 191th in the world by nominal GDP.

What is the GDP growth rate of Eritrea?

The GDP growth rate of Eritrea in 2019 is 3.8%, per IMF estimates.

What is the GDP per capita of Eritrea?

GDP per capita in Eritrea in 2019 is $567, per IMF data.

Is the GDP of Eritrea expected to grow?

IMF projection data is not available for Eritrea in this dataset.

Sources: IMF, World Economic Outlook (April 2026).

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.