Inflation, GDP deflator: linked series in Eritrea
Eritrea: Inflation, GDP deflator: linked series was 19.5% in 2011. ◆ Volatile
Inflation, GDP deflator: linked series in Eritrea, 1993–2011
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator: linked series in Eritrea is 19.5%, measured in 2011.
The figure is up 220.4% on the previous year and up 29.6% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Eritrea peaked at 29.5% in 2009 and was at its lowest, -16.2%, in 2010.
That places Eritrea 15th out of 212 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series in Eritrea, year by year
| Year | annual % | Change |
|---|---|---|
| 1993 | -1.4% | — |
| 1994 | 22.1% | -1701.4% |
| 1995 | 11.3% | -49.0% |
| 1996 | 9.1% | -19.7% |
| 1997 | 3.9% | -57.1% |
| 1998 | 9.1% | +133.7% |
| 1999 | 2.3% | -74.5% |
| 2000 | 25.0% | +977.3% |
| 2001 | 15.1% | -39.6% |
| 2002 | 16.1% | +7.1% |
| 2003 | 21.9% | +35.4% |
| 2004 | 24.8% | +13.4% |
| 2005 | 7.6% | -69.3% |
| 2006 | 11.4% | +49.5% |
| 2007 | 7.3% | -36.0% |
| 2008 | 16.1% | +120.6% |
| 2009 | 29.5% | +83.5% |
| 2010 | -16.2% | -155.0% |
| 2011 | 19.5% | -220.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.1% | -1.4% | 22.1% | 7 |
| 2000s | 17.5% | 7.3% | 29.5% | 10 |
| 2010s | 1.7% | -16.2% | 19.5% | 2 |
Countries ranked near Eritrea
More financial sector data for Eritrea
- Net domestic credit (current LCU), per capita 20,139 current LCU per person (2014)
- Net domestic credit (current LCU), per unit of GDP 20.18 current LCU per US$ of GDP (2011)
- Net domestic credit (current LCU), annual growth rate 11.16 % change on previous year (2014)
- Gold reserves at 35 SDRs per ounce 0 SDR (2019)
- Gold reserves at market value 0 SDR (2019)
- Reserves excluding gold, foreign exchange 135.20 million SDR (2019)
- Reserves excluding gold 138.62 million SDR (2019)
- Total reserves (gold at market value) 138.62 million SDR (2019)
- Total reserves (gold at national valuation) 138.62 million SDR (2019)
- Total reserves (gold at national valuation) (SDR), per capita 42.78 SDR per person (2019)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Eritrea?
- Inflation, gdp deflator: linked series in Eritrea was 19.5% in 2011, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Eritrea?
- The highest recorded value was 29.5% in 2009.
- What is the lowest inflation, gdp deflator: linked series recorded in Eritrea?
- The lowest recorded value was -16.2% in 2010.
- How does Eritrea rank for inflation, gdp deflator: linked series?
- Eritrea ranks 15th out of 212 countries with data for 2011.
- Is inflation, gdp deflator: linked series rising or falling in Eritrea?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.