Eritrea—GDP (Current USD)
Eritrea's GDP (nominal) was $1.98B in 2019. This represents a -1.2% change from 2018. Over the past 20 years, the highest recorded value was $2.60B (2014) and the lowest was $547.0M (2000). Data sourced from the IMF World Economic Outlook.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | $1.98B | -1.2% |
| 2018 | $2.01B | +5.4% |
| 2017 | $1.90B | -14.0% |
| 2016 | $2.21B | +9.8% |
| 2015 | $2.02B | -22.6% |
| 2014 | $2.60B | +33.0% |
| 2013 | $1.96B | -13.2% |
| 2012 | $2.25B | +9.2% |
| 2011 | $2.06B | +29.9% |
| 2010 | $1.59B | +22.6% |
| 2009 | $1.30B | +40.5% |
| 2008 | $923.0M | -9.5% |
| 2007 | $1.02B | +8.9% |
| 2006 | $937.0M | +10.2% |
| 2005 | $850.0M | -0.9% |
| 2004 | $858.0M | +27.5% |
| 2003 | $673.0M | +19.3% |
| 2002 | $564.0M | -3.1% |
| 2001 | $582.0M | +6.4% |
| 2000 | $547.0M |
Top Countries — GDP (Current USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $32.38T | 2026 |
| 2 | China | $20.85T | 2026 |
| 3 | Germany | $5.45T | 2026 |
| 4 | Japan | $4.38T | 2026 |
| 5 | United Kingdom | $4.26T | 2026 |
| 6 | India | $4.15T | 2026 |
| 7 | France | $3.60T | 2026 |
| 8 | Italy | $2.74T | 2026 |
| 9 | Russian Federation | $2.66T | 2026 |
| 10 | Brazil | $2.64T | 2026 |
About This Indicator
Definition
Economic output at current prices, expressed using market exchange rates.
Methodology
The IMF compiles GDP data from national statistical agencies and central banks. For the World Economic Outlook (WEO), IMF staff review national accounts data, apply adjustments for methodological differences, and produce forecasts for the current and following years. GDP is calculated using the expenditure approach (C + I + G + NX) or the production approach (sum of value added across sectors). The conversion to US dollars uses the average market exchange rate for the year.
Unit
current US dollars