Budgets in AfricaCountry profiles

Eritrea

Region: East Africa
Currency: Eritrean nakfa (ERN)
Population: 6.7 million
Capital: Asmara
Ministry website: Ministry of Finance Website
Fiscal year: January - December
Regional Economic Community: COMESA

Key economic indicators
2011 2012 2013 2014 2015
GDP (current ERN[billions]) 40.1 47.54 53.85 62.3 71.74
GDP (%) 17.65 18.89 19.46 20.43 21.41
GDP growth (%) 8.68 7.02 3.05 4.99 4.78
GDP per capita (current ERN) 2,991.97 3,099.71 3,092.23 3,142.73 3,187.6
GDP per capita (%) 6,797.74 7,802.41 8,555.63 9,581.56 10,681.83
Inflation (CPI) (%) 3.9 6.02 6.45 10.04 9
General government revenue (% of GDP) 17.43 15.34 14.57 14.48 14.28
General government expenditure (% of GDP) 33.61 30.68 29.71 28.85 28.5
Budget balance (% of GDP) -16.18 -15.34 -15.14 -14.37 -14.22
Primary balance (% of GDP) -13.22 -12.43 -12.17 -11.41 -11.24
General government debt (% of GDP) 133.01 127.61 128.38 126.5 127.13