Economy of Eritrea (Economy in Countries)

This book about the economy of Eritrea from the 1990s to the 2010s. Source data from UN Data.Size. In the 2010s, the GDP of Eritrea was equal to 3.8 billion US$ per year; the value of agriculture was 660.1 million US$. Since the share in the world is less than .01%, the country is classified as a micro economy.Productivity. In the 2010s, the gross domestic product per capita was 809.9 US$; the agriculture per capita was 140.1 US$. Since the productivity is less the average below average, the economy is classified as least developed.Growth. In the 2010s, the growth of GDP was 4.3%; the growth of agriculture was 6.8%.Structure. In the 2010s, the economy of Eritrea consisted of: service (24.3%), agriculture (22.8%), trade (22.4%), transportation (12.2%), industry (10.1%), and construction (8.3%).External relations. In the 2010s, the import was 44.1% higher than the export, the net import was equal to 6.2% of the GDP. The technological structure of export is not better than the structure of import.Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.

• | Author: Ivan Kushnir
• | Publisher: Independently published
• | Publication Date: Jan 25, 2019
• | Number of Pages: 53 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1795114622
• | ISBN-13: 9781795114622