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Eritrea GNI

Gross National Income  NY.GNP.MKTP.CD

Eritrea's gni was $2.0B in 2011, ranked 27th globally. This represents a 30.0% increase from 2010. Data from World Bank, covering 1992–2011.

$2.0B +$471.6M (+30.0%)
Year 2011 Rank #27 Global Peak $2.0B (2011) Source World Bank

Eritrea GNI (1992–2011)

Overview

Eritrea's gni stood at $2.0B in 2011, a rise of +$471.6M from 2010. Eritrea ranked 27th globally.

Eritrea's Gross National Income (GNI) has shown a steady increase over the past 20 years, with a peak of 2,041,455,160.98 in 2011 and a trough of 467,872,714.76 in 1993. The country's GNI has risen from 477,101,651.65 in 1992 to 2,041,455,160.98 in 2011, a 328% increase. This growth is comparable to that of its peer country, Cabo Verde, which ranked 26th globally with a GNI of 1,973,681,911.12 in 2011. The improvement in Eritrea's GNI is likely due to the country's transition to a post-conflict economy after a long civil war ended in 2001. The trend suggests that Eritrea's economic growth has been driven by its increasing access to international markets and investment. However, the country still faces significant development challenges, including a reliance on remittances and a lack of economic diversification, which could hinder further growth unless addressed through sustainable economic reforms.

Data & projection

Year GNI YoY change Rank
2011 $2.0B +$471.6M #27
2010 $1.6B −$270.6M #24
2009 $1.8B +$472.1M #29
2008 $1.4B +$57.7M #22
2007 $1.3B +$108.3M #24
2006 $1.2B +$113.5M #24
2005 $1.1B −$4.8M #28
2004 $1.1B +$233.2M #29
2003 $860.6M +$137.4M #27
2002 $723.2M −$26.8M #24
2001 $750.0M +$43.2M #28
2000 $706.8M +$11.8M #27
1999 $695.0M −$54.8M #28
1998 $749.8M +$66.5M #28
1997 $683.3M −$2.5M #26
Show all years (1992-2011)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.6% GDP growth 3.8% C/A balance 13.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Eritrea matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw gni improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eritrea's gni?▾

Eritrea's gni was $2.0B in 2011. Ranked 27th globally. This represents a 30.0% increase from the previous year.

What was the highest gni in Eritrea?▾

Eritrea's gni peaked at $2.0B in 2011.

What was the lowest gni in Eritrea?▾

The lowest gni in Eritrea was $467.9M in 1993.

How does Eritrea rank in gni?▾

Eritrea ranks 27th globally in gni as of 2011.

What is the World Bank indicator code for gni?▾

The World Bank indicator code is NY.GNP.MKTP.CD. Data sourced from World Bank.

What is Eritrea's gni in billion?▾

Eritrea's gni was approximately 2.04 billion ($2.0B) in 2011.

What is the gni of Eritrea in 2011?▾

The gni of Eritrea in 2011 was $2.0B. This ranks 27th in the world.

Cite this page

APA
Eritrea GNI. HistorySaid. Retrieved November 13, 2026, from https://historysaid.com/eritrea/gni/
BibTeX
@misc{historysaid_eritrea_gni, title = {Eritrea GNI}, url = {https://historysaid.com/eritrea/gni/}, publisher = {HistorySaid}, year = {2026} }
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