Markets Actual Q2 Q3 Q4 Q1 2023
Currency 15.05 15.05 15.05 15.05 15.05 15.05

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) -0.60 4.8 4.8 4.8 3.8 3.8
Unemployment Rate (%) 8.00 6.7 6.7 6.7 6.7 6.4
Inflation Rate (%) 2.60 5 5 5 6 6
Balance of Trade (USD Million) -404.00 -100 -810 -810 -810 -805
Current Account to GDP (% of GDP) 10.10 12.3 12.3 12.3 12.3 10
Government Debt to GDP (% of GDP) 64.00 60 60 60 60 54
Government Budget (% of GDP) -5.20 -4.3 -4.3 -4.3 -4.3 -3.7

GDP Actual Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) -0.60 4.8 4.8 4.8 3.8 3.8
GDP (USD Billion) 6.50 5.3 5.3 5.6 5.6 5.6

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 8.00 6.7 6.7 6.7 6.7 6.4

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 2.60 5 5 5 6 6

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (USD Million) -404.00 -100 -810 -810 -810 -805
Current Account to GDP (% of GDP) 10.10 12.3 12.3 12.3 12.3 10
Exports (USD Million) 744.00 465 465 475 475 475
Imports (USD Million) 1148.00 1275 1275 1280 1280 1280

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 64.00 60 60 60 60 54
Government Budget (% of GDP) -5.20 -4.3 -4.3 -4.3 -4.3 -3.7

Taxes Actual Q2 Q3 Q4 Q1 2023
Sales Tax Rate (%) 5.00 5 5 5 5 5


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Eritrea Forecast - was last updated on Tuesday, May 17, 2022.