Markets Actual Q3 Q4 Q1 Q2 2021
Currency 15.00 15.05 15.1 15.14 15.19 15.29

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 3.80 -1 -1 4.4 4.4 4.4
Unemployment Rate (%) 6.50 6.9 6.9 7.2 7.2 7.2
Inflation Rate (%) -16.40 5 5 3.7 3.7 3.7
Balance of Trade (USD Million) -597.00 -800 -800 -810 -810 -810
Current Account to GDP (%) 12.10 7 7 6.1 6.1 6.1
Government Debt to GDP (%) 20.10 50 50 47 47 47
Government Budget (% of GDP) -1.50 -7 -7 -5 -5 -5

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 3.80 -1 -1 4.4 4.4 4.4
GDP (USD Billion) 6.50 4 4 5.3 5.3 5.3

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 6.50 6.9 6.9 7.2 7.2 7.2

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) -16.40 5 5 3.7 3.7 3.7

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -597.00 -800 -800 -810 -810 -810
Current Account to GDP (%) 12.10 7 7 6.1 6.1 6.1
Imports (USD Million) 1170.00 1250 1250 1275 1275 1275
Exports (USD Million) 573.00 450 450 465 465 465

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 20.10 50 50 47 47 47
Government Budget (% of GDP) -1.50 -7 -7 -5 -5 -5

Taxes Actual Q3 Q4 Q1 Q2 2021
Sales Tax Rate (%) 5.00 5 5 5 5 5


This page has economic forecasts for Eritrea including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Eritrea economy.