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Output per head in Eritrea reached $1,821 (PPP) in 2019, below the global average. The economy was worth about $2 billion in total. Over the past five years it grew at about 4.1% a year. Inflation was 1.3%. Government debt was 260% of GDP and rising. Its current account was in surplus, at 13.0% of GDP.
GDP per capita (PPP)
$1,821
GDP growth
+3.8%
Inflation rate
1.3%
Eritrea was a lower-income economy with GDP per capita (PPP) of $1,821. The economy had been growing rapidly, averaging 4.1% annually. Government debt exceeded GDP at 260%.