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TesfaNews
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Eritrea GDP

Post by TesfaNews » 24 May 2021, 03:38

The Gross Domestic Product (GDP) in Eritrea was worth 6.50 billion US dollars/ $97,512,980,500NAKFA or 97.51 BILLION NAFKA in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Eritrea represents 0.01 percent of the world economy. source: World Bank

GDP per capita in Eritrea is expected to reach 587.00 USD/ 8,806.17 NAKFA by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea GDP per capita is projected to trend around 650.00 USD in 2021 and 740.00 USD in 2022, according to our econometric models.

Labour force by occupation
agriculture (80%), services and industry (20%)
Main industries
beverages, cement, clothing and textiles, food processing, light manufacturing, salt, Potash