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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: COMESA, CEN-SAD, IGAD
Key Budget Indicators Over Time
2013 2014 2015 2016 2017
GDP (constant 2005 ERN[billions]) 19.77 20.33 20.86 21.24 22.31
GDP (current ERN[billions]) 54.05 60.95 68.3 76.95 89.37
GDP growth (%) 4.65 2.87 2.59 1.85 5.01
GDP per capita (constant 2005 ERN) 3,619.46 3,643.12 3,659.4 3,651.89 3,760.1
GDP per capita (current ERN) 9,898.03 10,920.01 11,982.14 13,226.7 15,062.77
Inflation (CPI) (%) 6.45 10.04 9 9 9
General government revenue (% of GDP) 15.28 15.23 14.83 14.87 14.74
General government expenditure (% of GDP) 30.82 29.99 29.59 29.62 29.22
Budget balance (% of GDP) -15.54 -14.76 -14.76 -14.75 -14.48
Primary balance (% of GDP) -12.6 -11.74 -11.64 -11.56 -11.32
General government debt (% of GDP) 127.48 128.67 132.5 132.81 131.24

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