How come Eritrea overal Gdp is lower then Somaliland unrecognised country
Posted: 05 Sep 2025, 17:41
Somaliland (Self‑declared but internationally unrecognized)
Nominal GDP (2024): Approximately $7.2 billion
Wikipedia
.
GDP per capita (2024): Around $1,600
Wikipedia
.
An alternate source offers higher estimates—for example, GDP of $11.58 billion (2025) and GDP per capita $1,561 (2024)
Teknopedia
—but this figure appears less widely cited or more speculative.
Eritrea (UN‑recognized)*
Nominal GDP (2023): Roughly $2.3 billion
FocusEconomics
Wikipedia
.
GDP per capita (2023): Around $567
FocusEconomics
.
According to 2021 estimates:
Nominal GDP: $2.22 billion
GDP per capita: $626
Wikipedia
.
Side‑by‑Side Comparison
Metric Somaliland (2024 est.) Eritrea (2023 est.)
Nominal GDP ~$7.2 billion ~$2.3 billion
GDP per capita ~$1,600 ~$567
Somaliland’s economy is estimated to be about three times larger than Eritrea’s in nominal terms, and its GDP per capita is nearly three times higher.
Context & Caveats
Somaliland is an autonomous region that declared independence from Somalia but lacks widespread international recognition. As such, its GDP figures are not consistently published in global institutional datasets and rely on domestic estimates
Wikipedia
Teknopedia
.
Eritrea is recognized internationally, with data accessible via sources like FocusEconomics and the IMF; however, formal transparency and reporting in Eritrea remain limited
FocusEconomics
Wikipedia
.
Summary
Based on the available data:
Somaliland has a nominal GDP of around $7.2 billion and a per capita income of about $1,600.
Eritrea has a nominal GDP approximately $2.3 billion and a per capita income near $567.
These figures indicate that Somaliland’s economy is substantially larger and more affluent on a per-person basis compared to Eritrea.
Dr Zackovich
Nominal GDP (2024): Approximately $7.2 billion
Wikipedia
.
GDP per capita (2024): Around $1,600
Wikipedia
.
An alternate source offers higher estimates—for example, GDP of $11.58 billion (2025) and GDP per capita $1,561 (2024)
Teknopedia
—but this figure appears less widely cited or more speculative.
Eritrea (UN‑recognized)*
Nominal GDP (2023): Roughly $2.3 billion
FocusEconomics
Wikipedia
.
GDP per capita (2023): Around $567
FocusEconomics
.
According to 2021 estimates:
Nominal GDP: $2.22 billion
GDP per capita: $626
Wikipedia
.
Side‑by‑Side Comparison
Metric Somaliland (2024 est.) Eritrea (2023 est.)
Nominal GDP ~$7.2 billion ~$2.3 billion
GDP per capita ~$1,600 ~$567
Somaliland’s economy is estimated to be about three times larger than Eritrea’s in nominal terms, and its GDP per capita is nearly three times higher.
Context & Caveats
Somaliland is an autonomous region that declared independence from Somalia but lacks widespread international recognition. As such, its GDP figures are not consistently published in global institutional datasets and rely on domestic estimates
Wikipedia
Teknopedia
.
Eritrea is recognized internationally, with data accessible via sources like FocusEconomics and the IMF; however, formal transparency and reporting in Eritrea remain limited
FocusEconomics
Wikipedia
.
Summary
Based on the available data:
Somaliland has a nominal GDP of around $7.2 billion and a per capita income of about $1,600.
Eritrea has a nominal GDP approximately $2.3 billion and a per capita income near $567.
These figures indicate that Somaliland’s economy is substantially larger and more affluent on a per-person basis compared to Eritrea.
Dr Zackovich