Subsidies in Eritrea
Eritrea: Subsidies was 931.00 million GFS, current LCU in 2009. ◆ Volatile
Subsidies in Eritrea, 1992–2009
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.
Subsidies in Eritrea, year by year
| Year | GFS, current LCU | Change |
|---|---|---|
| 1992 | 0 GFS, current LCU | — |
| 1993 | 0 GFS, current LCU | — |
| 1994 | 0 GFS, current LCU | — |
| 1995 | 0 GFS, current LCU | — |
| 1996 | 0 GFS, current LCU | — |
| 1997 | 0 GFS, current LCU | — |
| 1998 | 0 GFS, current LCU | — |
| 1999 | 0 GFS, current LCU | — |
| 2000 | 25.00 million GFS, current LCU | — |
| 2001 | 137.87 million GFS, current LCU | +451.5% |
| 2002 | 0 GFS, current LCU | -100.0% |
| 2003 | 125.96 million GFS, current LCU | — |
| 2004 | 0 GFS, current LCU | -100.0% |
| 2005 | 288.86 million GFS, current LCU | — |
| 2006 | 0 GFS, current LCU | -100.0% |
| 2007 | 190.05 million GFS, current LCU | — |
| 2008 | 1.31 billion GFS, current LCU | +589.8% |
| 2009 | 931.00 million GFS, current LCU | -29.0% |
Eritrea compared with similar countries
- Eritrea's 931.00 million GFS, current LCU is above the median for Sub-Saharan Africa, which is 711.79 million GFS, current LCU, 1.3× the median. (43 countries reporting)
- Eritrea's 931.00 million GFS, current LCU is above the median for low income countries, which is 355.89 million GFS, current LCU, 2.6× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More science & technology data for Eritrea
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2011)
- Mobile landline subscriptions, gaps filled 59.12 (2022)
- Mobile cellular subscriptions by country, per capita 0.5912 units per person (2022)
- Mobile cellular subscriptions by country, per unit of GDP 0.0001 units per US$ of GDP (2011)
- Mobile cellular subscriptions by country, gaps filled 2.02 million (2022)
- Mobile cellular subscriptions by country, per square kilometre 16.64 units per square kilometre (2022)
- Mobile landline subscriptions, annual growth rate 9.98 % change on previous year (2022)
- Mobile cellular subscriptions by country, annual growth rate 11.93 % change on previous year (2022)
- Scientific and technical journal articles 29.08 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
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.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.