Markets Actual Q1 Q2 Q3 Q4 2021
Currency 15.00 15.05 15.1 15.15 15.2 15.3

Overview Actual Q1 Q2 Q3 Q4 2021
GDP Annual Growth Rate (%) 4.20 4 4 4 4 4.2
Unemployment Rate (%) 6.50 6.6 6.6 6.6 6.6 6.6
Inflation Rate (%) 9.00 12 12 12 12 13
Balance of Trade (USD Million) -702.00 -150 -100 -100 -100 -100
Current Account to GDP (%) 0.30 -0.3 -0.3 -0.3 -0.3 -0.5
Government Debt to GDP (%) 20.10 20 20 20 20 19.5
Government Budget (% of GDP) -12.60 -12 -12 -12 -12 -11.8

GDP Actual Q1 Q2 Q3 Q4 2021
GDP Annual Growth Rate (%) 4.20 4 4 4 4 4.2
GDP (USD Billion) 6.72 7.7 7.7 7.7 7.7 8

Labour Actual Q1 Q2 Q3 Q4 2021
Unemployment Rate (%) 6.50 6.6 6.6 6.6 6.6 6.6

Prices Actual Q1 Q2 Q3 Q4 2021
Inflation Rate (%) 9.00 12 12 12 12 13

Trade Actual Q1 Q2 Q3 Q4 2021
Balance of Trade (USD Million) -702.00 -150 -100 -100 -100 -100
Current Account to GDP (%) 0.30 -0.3 -0.3 -0.3 -0.3 -0.5
Exports (USD Million) 335.00 650 800 800 800 800
Imports (USD Million) 1037.00 800 900 900 900 900

Government Actual Q1 Q2 Q3 Q4 2021
Government Debt to GDP (%) 20.10 20 20 20 20 19.5
Government Budget (% of GDP) -12.60 -12 -12 -12 -12 -11.8

Taxes Actual Q1 Q2 Q3 Q4 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.