Remittance inflows to GDP in Eritrea
Eritrea: Remittance inflows to GDP was 0.0% in 2011. ◆ Volatile
Remittance inflows to GDP in Eritrea, 1998–2011
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Eritrea recorded 0.0% for remittance inflows to gdp in 2011. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 100.0% over ten years.
Over the whole period, remittance inflows to gdp in Eritrea peaked at 0.5% in 1999 and was at its lowest, 0.0%, in 2005.
That places Eritrea 188th out of 195 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4% | 0.4% | 0.5% | 2 |
| 2000s | 0.1% | 0.0% | 0.5% | 6 |
| 2010s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Eritrea
- 185 Angola 0.0% compare
- 186 Papua New Guinea 0.0% compare
- 187 Turkmenistan 0.0% compare
- 188 Central African Republic 0.0% compare
- 188 Chad 0.0% compare
- 188 Equatorial Guinea 0.0% compare
- 188 Faroe Islands 0.0% compare
- 188 Libya 0.0% compare
- 188 Singapore 0.0% compare
- 188 Tuvalu 0.0% compare
More financial sector data for Eritrea
- Domestic credit to private sector by banks 19.0% (2014)
- Total reserves in months of imports 0.8497 (2000)
- Net domestic credit 62.33 billion current LCU (2014)
- Net foreign assets 10.37 billion current LCU (2014)
- Monetary Sector credit to private sector 17.6% (2011)
- Broad money 176.8% (2014)
- Claims on central government, etc. 104.1% (2014)
- Domestic credit to private sector 53.2% (2014)
- Official exchange rate 15.07 LCU per US$, period average (2025)
- Net migration -6,698 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Eritrea?
- Remittance inflows to gdp in Eritrea was 0.0% in 2011, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Eritrea?
- The highest recorded value was 0.5% in 1999.
- What is the lowest remittance inflows to gdp recorded in Eritrea?
- The lowest recorded value was 0.0% in 2005.
- How does Eritrea rank for remittance inflows to gdp?
- Eritrea ranks 188th out of 195 countries with data for 2011.
- Is remittance inflows to gdp rising or falling in Eritrea?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.