IvanStat

Final consumption expenditure in Eritrea

Consumption expenditure of Eritrea, 1994-2015

During 1994-2015 consumption expenditure of Eritrea in current prices rose by 3.9 billion US dollars (in 5.9 times) to 4.7 billion US dollars; change occurred by 0.53 billion US dollars by increasing of people by 2.1 million, as well as by 3.4 billion US dollars by increasing of consumption expenditure per capita by 649.2 US dollars. The average annual growth of consumption expenditure of Eritrea was 0.19 billion US dollars or 8.8%. The average annual growth of consumption expenditure of Eritrea in constant prices was 1.7%. Share in the world grew by 0.0048%. Share in Africa grew by 0.064%. Minimal consumption expenditure was in 1994 (0.80 billion US dollars). Maximal consumption expenditure was in 2015 (4.7 billion US dollars).

During 1994-2015 consumption expenditure per capita in Eritrea grew by 649.2 US dollars (in 3.6 times) to 902.8 US dollars. The average annual growth of consumption expenditure per capita in current prices was 30.9 US dollars or 6.2%.

Change of consumption expenditure of Eritrea described by linear regression model: y=0.15x-297.0, where y - estimated value of consumption expenditure of Eritrea, x - year. Correlation rate = 0.876. Determination rate = 0.767.

Consumption expenditure of Eritrea, 1994

Consumption expenditure of Eritrea in 1994 was worth 0.80 billion US dollars, ranked 173rd in the world and was on par with consumption expenditure of Central African Republic (0.82 bln. US dollars), consumption expenditure of Montenegro (0.81 bln. US dollars), consumption expenditure of Timor-Leste (0.80 bln. US dollars). Share of Eritrea in the world consumption expenditure was 0.0038%.

Consumption expenditure per capita in Eritrea in 1994 was equal to 253.7 US dollars, ranked 185th in the world and was on par with consumption expenditure per capita in China (269.9 US dollars), consumption expenditure per capita in Cambodia (266.7 US dollars), consumption expenditure per capita in Benin (260.7 US dollars), consumption expenditure per capita in Mali (258.6 US dollars), consumption expenditure per capita in Central African Republic (253.2 US dollars), consumption expenditure per capita in Bangladesh (252.9 US dollars), consumption expenditure per capita in Togo (252.4 US dollars), consumption expenditure per capita in Uganda (248.9 US dollars), consumption expenditure per capita in India (245.7 US dollars). Consumption expenditure per capita in Eritrea was less than consumption expenditure per capita in the World (3 753.3 US dollars) by 3 499.6 US dollars.

Comparison of consumption expenditure in Eritrea and the neighbors in 1994. Consumption expenditure of Eritrea was greater than consumption expenditure of Djibouti (0.5 billion US dollars), but was less than consumption expenditure of Sudan (10.4 billion US dollars), consumption expenditure of Ethiopia (6.5 billion US dollars). Consumption expenditure per capita in Eritrea was greater than consumption expenditure per capita in Ethiopia (117.2 US dollars), but was less than consumption expenditure per capita in Djibouti (767.3 US dollars), consumption expenditure per capita in Sudan (357.5 US dollars).

Comparison of consumption expenditure in Eritrea and leaders in 1994. Consumption expenditure of Eritrea was less than consumption expenditure of the United States (5 850.7 billion US dollars) in 7 312.6 times, consumption expenditure of Japan (3 363.9 billion US dollars) in 4 204.4 times, consumption expenditure of Germany (1 675.8 billion US dollars) in 2 094.6 times, consumption expenditure of the United Kingdom (987.1 billion US dollars) in 1 233.7 times, consumption expenditure of China (328.0 billion US dollars) in 410.0 times. Consumption expenditure per capita in Eritrea was less than consumption expenditure per capita in Japan (27 106.3 US dollars) in 106.8 times, consumption expenditure per capita in the United States (22 220.6 US dollars) in 87.6 times, consumption expenditure per capita in Germany (20 636.5 US dollars) in 81.3 times, consumption expenditure per capita in the United Kingdom (17 095.9 US dollars) in 67.4 times, consumption expenditure per capita in China (269.9 US dollars) by 6.4%.

Potential consumption expenditure of Eritrea in 1994. With consumption expenditure per capita at the level of Japan (27 106.3 US dollars), consumption expenditure of Eritrea would be 85.5 billion US dollars, it is in 106.8 times more than the actual level. With consumption expenditure per capita at the level of the World (3 753.3 US dollars), consumption expenditure of Eritrea would be 11.8 billion US dollars, it is in 14.8 times more than the actual level. With consumption expenditure per capita at the level of Djibouti (767.3 US dollars), as the best neighbor, consumption expenditure of Eritrea would be 2.4 billion US dollars, it is in 3.0 times more than the actual level. With consumption expenditure per capita at the level of Africa (614.1 US dollars), consumption expenditure of Eritrea would be 1.9 billion US dollars, it is in 2.4 times more than the actual level.

Consumption expenditure of Eritrea, 2015

Consumption expenditure of Eritrea in 2015 was worth 4.7 billion US dollars, ranked 155th in the world and was on par with consumption expenditure of French Polynesia (5.0 bln. US dollars), consumption expenditure of Monaco (4.9 bln. US dollars), consumption expenditure of Sierra Leone (4.8 bln. US dollars), consumption expenditure of Equatorial Guinea (4.4 bln. US dollars). Share of Eritrea in the world consumption expenditure was 0.0086%.

Consumption expenditure per capita in Eritrea in 2015 was worth 902.8 US dollars, ranked 181st in the world and was on par with consumption expenditure per capita in Bangladesh (940.3 US dollars), consumption expenditure per capita in Timor-Leste (934.3 US dollars), consumption expenditure per capita in Mauritania (932.8 US dollars), consumption expenditure per capita in Comoros (923.0 US dollars), consumption expenditure per capita in Zambia (845.0 US dollars). Consumption expenditure per capita in Eritrea was less than consumption expenditure per capita in the World (7 474.7 US dollars) by 6 571.8 US dollars.

Comparison of consumption expenditure in Eritrea and the neighbors in 2015. Consumption expenditure of Eritrea was greater than consumption expenditure of Djibouti (1.6 billion US dollars), but was less than consumption expenditure of Sudan (80.7 billion US dollars), consumption expenditure of Ethiopia (46.9 billion US dollars). Consumption expenditure per capita in Eritrea was greater than consumption expenditure per capita in Ethiopia (471.7 US dollars), but was less than consumption expenditure per capita in Sudan (2 006.9 US dollars), consumption expenditure per capita in Djibouti (1 747.1 US dollars).

Comparison of consumption expenditure in Eritrea and leaders in 2015. Consumption expenditure of Eritrea was less than consumption expenditure of the United States (14 888.6 billion US dollars) in 3 154.9 times, consumption expenditure of China (5 773.1 billion US dollars) in 1 223.3 times, consumption expenditure of Japan (3 349.3 billion US dollars) in 709.7 times, consumption expenditure of Germany (2 461.8 billion US dollars) in 521.6 times, consumption expenditure of the United Kingdom (2 412.3 billion US dollars) in 511.2 times. Consumption expenditure per capita in Eritrea was less than consumption expenditure per capita in the United States (46 270.5 US dollars) in 51.2 times, consumption expenditure per capita in the United Kingdom (37 274.6 US dollars) in 41.3 times, consumption expenditure per capita in Germany (30 509.3 US dollars) in 33.8 times, consumption expenditure per capita in Japan (26 461.8 US dollars) in 29.3 times, consumption expenditure per capita in China (4 195.4 US dollars) in 4.6 times.

Potential consumption expenditure of Eritrea in 2015. With consumption expenditure per capita at the level of the United States (46 270.5 US dollars), consumption expenditure of Eritrea would be 241.9 billion US dollars, it is in 51.2 times more than the actual level. With consumption expenditure per capita at the level of the World (7 474.7 US dollars), consumption expenditure of Eritrea would be 39.1 billion US dollars, it is in 8.3 times more than the actual level. With consumption expenditure per capita at the level of Sudan (2 006.9 US dollars), as the best neighbor, consumption expenditure of Eritrea would be 10.5 billion US dollars, it is in 2.2 times more than the actual level. With consumption expenditure per capita at the level of Africa (1 597.2 US dollars), consumption expenditure of Eritrea would be 8.3 billion US dollars, it is by 76.9% more than the actual level.

Size of consumption expenditure in Eritrea

Final consumption expenditure in Eritrea, bln. US dollars
Prices1994200020102015
current prices0.800.892.34.7
constant prices19940.801.21.01.1
20050.851.31.11.2
Picture. Eritrea: consumption expenditure

consumption expenditure in Eritrea and its neighbors, bln. $
Country1994200020102015
Sudan10.412.054.180.7
Ethiopia6.57.123.946.9
Eritrea0.800.892.34.7
Djibouti0.500.590.971.6

consumption expenditure in Eritrea and leaders, bln. $
Country1994200020102015
United States5 850.78 236.612 724.414 888.6
China328.0769.12 939.35 773.1
Japan3 363.93 483.04 402.93 349.3
Germany1 675.81 478.22 568.92 461.8
United Kingdom987.11 358.82 107.32 412.3
Eritrea0.800.892.34.7

Growth of consumption expenditure in Eritrea

Picture. Eritrea: consumption expenditure, growth Picture. Eritrea: consumption expenditure, growth

consumption expenditure per capita in Eritrea

Picture. Eritrea: consumption expenditure per capita Picture. Eritrea: consumption expenditure per capita

consumption expenditure per capita in Eritrea and its neighbors, $
Country1994200020102015
Sudan357.5344.81 171.62 006.9
Djibouti767.3821.41 166.61 747.1
Eritrea253.7253.1492.7902.8
Ethiopia117.2106.8272.1471.7

consumption expenditure per capita in Eritrea and leaders, $
Country1994200020102015
United States22 220.629 114.941 062.546 270.5
United Kingdom17 095.923 083.033 601.037 274.6
Germany20 636.518 049.831 937.430 509.3
Japan27 106.327 705.834 581.226 461.8
China269.9605.82 192.04 195.4
Eritrea253.7253.1492.7902.8

© Ivan Kushnir

Special offer

17 research books with $500 discount. All main macroeconomic indicators in the world, all regions and all countries from 1970 to 2015.

$2900