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Laboratoire de la finance africaine

Eritrea

Aperçu 2024
Annual current GDP growth (%) : 3.667
GDP (USD billions) : 2.484
Population (Thousands) : 3.662 
Economic performance and outlook

The Eritrean economy grew by 2.9 percent in 2021, following a contraction of 0.6 percent in 2020. Stabilitý in global supply and value chains helped reduce inflation to 4.3 percent in 2021 from 4.8 percent in 2020. The current account surplus widened to 13.5 percent of GDP in 2021 from 11.4 percent in 2020. International reserves have been estimated at 4 months of import cover in 2020. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)

Financial markets

Eritrea does not have a stock market.  Foreign direct investment flows to Eritrea have increased from $55.5 million in 2017-2020 to $73.8 million. In 2021, it will be $70.5 million, a decrease of 5%.