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.
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
- Scientific and technical journal articles 29.08 (2023)
- Mobile phone subscriptions 2.02 million (2022)
- Mobile phone subscriptions per 100 people 59.12 per 100 people (2022)
- Mobile and landline phone subscriptions per 100 people 59.12 per 100 people (2022)
- Share of the population using the Internet 14.3% (2020)
- Number of people using the Internet 472,278 users (2020)
- Landline Internet subscriptions per 100 people 0.1654 per 100 people (2022)
- Landline Internet subscriptions 5,639 (2022)
- Landline Internet subscriptions per 100 people, by download speed 0.17 per 100 population (2022)
- Net official development assistance to medical research and basic health sectors 19.49 million millions of constant united states dollars (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.
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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.