Eritrea Household Consumption to GDP

Household final consumption expenditure as a share of GDP.

Household Consumption to GDP in Eritrea decreased to 98.17 percent of GDP in 2011 from 113.71 percent of GDP in 2010.

98.2%
▼ −15.5 pp2011 · previous 113.7%Annual · percent of GDP · Source: World Bank — World Development Indicators

Eritrea Household Consumption to GDP — History

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Eritrea Household Consumption to GDP — analysis in simple words

Latest reading

Household Consumption to GDP in Eritrea decreased to 98.17 percent of GDP in 2011 from 113.71 percent of GDP in 2010.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2010) it was 113.7%, so the latest figure is 15.5 percentage points lower.

Over the past five years the average was 93.8%, with a range from 82.6% to 113.7%. The latest value is above that five-year average.

Historical context

This data series starts in 1992 and has 20 annual observations. The latest reading is higher than 80% of all of them.

The highest value on record is 113.7% (2010) and the lowest is 69.5% (1999). The long-run average is 89.8%.

Statistics

Latest
98.2%2011
Previous
113.7%
5-year average
93.8%
Long-run average
89.8%since 1992
All-time high
113.7%2010
All-time low
69.5%1999
Observations
20Annual

Recent Data

PeriodValueChange
201198.2%▼ −15.5 pp
2010113.7%▲ +24.2 pp
200989.5%▲ +6.9 pp
200882.6%▼ −2.1 pp
200784.7%▼ −7.2 pp
200691.9%▼ −1.3 pp
200593.2%▼ −3.9 pp
200497.1%▲ +9.2 pp
200388.0%▲ +4.2 pp
200283.8%▲ +11.3 pp
200172.5%▲ +0.8 pp
200071.7%▲ +2.2 pp
199969.5%▼ −11.1 pp
199880.6%▼ −14.3 pp
199795.0%▲ +3.2 pp
199691.8%▼ −2.5 pp
199594.3%▼ −5.5 pp
199499.8%▲ +6.6 pp
199393.2%▼ −10.7 pp
1992104.0%

Household Consumption to GDP — Eritrea vs Peers

Latest available reading for each economy (periods may differ). Eritrea highlighted.

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More Eritrea indicators

Understanding Household Consumption to GDP — a simple guide

What it measures

Household final consumption expenditure as a share of GDP.

How it is calculated

Household spending on goods and services ÷ GDP × 100.

Simple example

A ratio of 60% means households account for 60% of total demand.

▲ When it is high or rising

Consumption-led economies depend on household income and confidence.

▼ When it is low or falling

A low share usually means investment or exports drive the economy.

Why it matters for the economy and markets

Consumption is the largest component of demand in most economies.

How to read it

Economies with high consumption shares are more sensitive to household income, credit and confidence.

Data source

World Bank — World Development Indicators (series NE.CON.PRVT.ZS), annual data from 1992 to 2011. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current household consumption to gdp of Eritrea?
Eritrea household consumption to gdp was 98.2% in 2011, compared with 113.7% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest household consumption to gdp of Eritrea?
Since 1992, the highest reading was 113.7% (2010) and the lowest was 69.5% (1999).
What does household consumption to gdp measure?
Household final consumption expenditure as a share of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.