Budgets in AfricaCountry profiles

Eritrea

Region: East Africa
Currency: Eritrean nakfa (ERN)
Population: 6.5 million
Capital: Asmara
Ministry website: Ministry of Finance Website
Fiscal year: January - December
Regional Economic Community: IGAD

Key economic indicators
2012 2013 2014 2015 2016
GDP (constant 2005 ERN[billions]) 18.89 19.46 20.43 21.41 22.19
GDP (current ERN[billions]) 47.54 53.85 62.3 71.74 82.28
GDP growth (%) 7.02 3.05 4.99 4.78 3.67
GDP per capita (constant 2005 ERN) 3,307.67 3,299.69 3,353.57 3,401.45 3,413.54
GDP per capita (current ERN) 8,325.87 9,129.62 10,224.38 11,398.46 12,655.33
Inflation (CPI) (%) 6.02 6.45 10.04 9 9
General government revenue (% of GDP) 15.34 14.57 14.48 14.28 14.2
General government expenditure (% of GDP) 30.68 29.71 28.85 28.5 28.2
Budget balance (% of GDP) -15.34 -15.14 -14.37 -14.22 -14
Primary balance (% of GDP) -12.43 -12.17 -11.41 -11.24 -10.99
General government debt (% of GDP) 127.61 128.38 126.5 127.13 125.54