Subsidies in Eritrea

Eritrea: Subsidies was 931.00 million GFS, current LCU in 2009. ◆ Volatile

Latest (2009)
931.00 million GFS, current LCU
Change on year
down 29.0%
World rank
25th
of 47 countries
All-time high
1.31 billion GFS, current LCU
in 2008
All-time low
0 GFS, current LCU
in 1992
Years of data
18
1992–2009

Subsidies in Eritrea, 1992–2009

0500.0M1.0B1.5B1992200020091992: 0 GFS, current LCU1993: 0 GFS, current LCU1994: 0 GFS, current LCU1995: 0 GFS, current LCU1996: 0 GFS, current LCU1997: 0 GFS, current LCU1998: 0 GFS, current LCU1999: 0 GFS, current LCU2000: 25.0M GFS, current LCU2001: 137.9M GFS, current LCU2002: 0 GFS, current LCU2003: 126.0M GFS, current LCU2004: 0 GFS, current LCU2005: 288.9M GFS, current LCU2006: 0 GFS, current LCU2007: 190.0M GFS, current LCU2008: 1.3B GFS, current LCU2009: 931.0M GFS, current LCU

Source: World Bank country economists. Measured in GFS, current LCU.

Analysis

Eritrea recorded 931.00 million GFS, current LCU for subsidies in 2009.

That represents a change of down 29.0% on the previous year.

Over the whole period, subsidies in Eritrea peaked at 1.31 billion GFS, current LCU in 2008 and was at its lowest, 0 GFS, current LCU, in 1992.

Eritrea ranks 25th of 47 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0 GFS, current LCU 0 GFS, current LCU 0 GFS, current LCU 8
2000s 300.97 million GFS, current LCU 0 GFS, current LCU 1.31 billion GFS, current LCU 10

Countries ranked near Eritrea

  1. 22 Eswatini 2.13 billion GFS, current LCU compare
  2. 23 Mauritius 1.18 billion GFS, current LCU compare
  3. 24 Liberia 1.16 billion GFS, current LCU compare
  4. 26 Sudan 711.79 million GFS, current LCU compare
  5. 27 Ghana 42.19 million GFS, current LCU compare
  6. 28 Cape Verde 905.96 GFS, current LCU compare

See the full ranking of 47 places →

More science & technology data for Eritrea

All data for Eritrea →

Frequently asked questions

What is subsidies in Eritrea?
Subsidies in Eritrea was 931.00 million GFS, current LCU in 2009, according to World Bank country economists.
What is the highest subsidies recorded in Eritrea?
The highest recorded value was 1.31 billion GFS, current LCU in 2008.
What is the lowest subsidies recorded in Eritrea?
The lowest recorded value was 0 GFS, current LCU in 1992.
How does Eritrea rank for subsidies?
Eritrea ranks 25th out of 47 countries with data for 2009.
Where does this Eritrea data come from?
The figures come from World Bank country economists, published as part of Subsidies (GFS, current LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Subsidies (GFS, current LCU)
Unit
GFS, current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
47 places, 1,211 data points, 1966–2011
Last refreshed

Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.