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Eritrea Government Revenue

General government revenue as % of GDP  GGR_NGDP

Eritrea's government revenue was 33.97% in 2019, ranked 61st globally. This represents a 7.6% increase from 2018. Data from IMF WEO, covering 1992–2019.

33.97% +2.39% (+7.6%)
Year 2019 Rank #61 Global Peak 71.45% (1993) Source IMF WEO

Eritrea Government Revenue (1992–2019)

Overview

Eritrea's government revenue stood at 33.97% in 2019, a rise of +2.39% from 2018. Eritrea ranked 61st globally.

Eritrea’s government revenue as a share of GDP has trended downward since the early 1990s, falling from an all‑time peak of 71.44 in 1993 to a historic low of 21.48 in 2014, before modestly rebounding to 33.97 in 2019, placing the country 61st globally. Over the 28‑year coverage period the indicator has declined by more than half, reflecting persistent fiscal constraints and limited diversification of the tax base. The 2019 level is virtually identical to Oman’s 33.95 and slightly below Japan’s 34.25, underscoring Eritrea’s relative position among both developing and advanced economies. The early‑1990s surge coincided with post‑independence reconstruction spending, while the 2014 trough aligns with a period of reduced commodity prices and external financing. The recent modest rise suggests a tentative stabilization, but sustaining higher revenue will likely require structural reforms, improved tax administration and broader economic diversification to alter the long‑term trajectory.

Data & projection

Year Government Revenue YoY change Rank
2019 33.97% +2.39% #61
2018 31.58% −5.17% #66
2017 36.76% +7.26% #47
2016 29.50% +1.19% #73
2015 28.32% +6.84% #79
2014 21.48% −3.63% #136
2013 25.11% −3.00% #104
2012 28.11% +1.36% #93
2011 26.75% +0.82% #92
2010 25.93% +3.15% #98
2009 22.78% −8.64% #118
2008 31.42% +0.04% #79
2007 31.38% −3.62% #78
2006 34.99% −10.61% #69
2005 45.60% −3.80% #19
Show all years (1992-2019)

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 government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eritrea's government revenue?▾

Eritrea's government revenue was 33.97% in 2019. Ranked 61st globally. This represents a 7.6% increase from the previous year.

What was the highest government revenue in Eritrea?▾

Eritrea's government revenue peaked at 71.45% in 1993.

What was the lowest government revenue in Eritrea?▾

The lowest government revenue in Eritrea was 21.48% in 2014.

How does Eritrea rank in government revenue?▾

Eritrea ranks 61st globally in government revenue as of 2019.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the government revenue of Eritrea in 2019?▾

The government revenue of Eritrea in 2019 was 33.97%. This ranks 61st in the world.

Cite this page

APA
Eritrea Government Revenue. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/eritrea/government-revenue/
BibTeX
@misc{historysaid_eritrea_government-revenue, title = {Eritrea Government Revenue}, url = {https://historysaid.com/eritrea/government-revenue/}, publisher = {HistorySaid}, year = {2026} }
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