Markets Actual Q2 Q3 Q4 Q1 2022
Currency 15.00 15.12 15.17 15.21 15.26 15.36

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -0.60 5 5 5 4 4
Unemployment Rate (%) 6.50 7 7 7 6.6 6.6
Inflation Rate (%) 4.70 2 2 2 4 4
Balance of Trade (USD Million) -404.00 -800 -810 -100 -100 -810
Current Account to GDP (%) 10.10 6.1 6.1 6.1 6.1 -2.5
Government Debt to GDP (%) 64.00 67 67 67 67 70
Government Budget (% of GDP) -5.20 -5 -5 -5 -5 -8

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -0.60 5 5 5 4 4
GDP (USD Billion) 6.50 5.3 5.3 5.3 5.3 5.6

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 6.50 7 7 7 6.6 6.6

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 4.70 2 2 2 4 4

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -404.00 -800 -810 -100 -100 -810
Current Account to GDP (%) 10.10 6.1 6.1 6.1 6.1 -2.5
Imports (USD Million) 1148.00 1275 1275 1275 1275 1280
Exports (USD Million) 744.00 465 465 465 465 475

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 64.00 67 67 67 67 70
Government Budget (% of GDP) -5.20 -5 -5 -5 -5 -8

Taxes Actual Q2 Q3 Q4 Q1 2022
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.