
Trade Finance In Wartime
The huge drop-off in trade involving Russia and Ukraine has hit trade finance hard.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Eritrea economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Eritrea best banks and safest banks are also available.
COVER STORY: KENYA – REBIRTH OF A NATION By Dan Keeler With a new constitution, bold economic targets and an ambitious social development strategy, Kenya is determined to become the new star of Africa. All the signs so ...
2007* | 2008* | 2009* | 2010* | 2011* | 2012* | 2013* |
1.4% | -9.8% | 3.9% | 2.2% | 8.7% | 7% | 4.7% |
2014* | 2015* | 2016* | 2017* | 2018* | ||
2.9% | 2.6% | 1.9% | 5% | 4.2% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
N/A | N/A | 0.01% | 0.01% | 0.007% |
*Estimate
(2018 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
28.5% | -5.6% | -13.3% | -14.4% | -27.6% |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
190.3% | 170.1% | 196.2% | 174.3% | 165.1% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
-3.2% | 3.9% | 1.8% |
10.9% |
0.6% |
*Estimate
Standard & Poor's: N/A
Moody': N/A
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
16.6 % (2018 estimate)
14.4% (2011)
0.003% (2018)
N/A
Gold and other minerals, livestock, sorghum, textiles, food, small industry manufactures
Machinery, petroleum products, food, manufactured goods
China 62%, South Korea 28.3% (2017)
UAE 14.5%, China 13.2%, Saudi Arabia 13.2%, Italy 12.9%, Turkey 5.6%, South Africa 4.6%(2017)
2016 | 2017 | 2018 |
USD 52 million | USD 55 million | USD 61 million |
2016 | 2017 | 2018 |
N/A | N/A | N/A |
2015 | 2016 | 2017 | 2018 |
N/A | N/A | N/A | N/A |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
189 out of 190 countries
Subcategories:
Starting a Business: 185 out of 190 countries
Dealing with Construction Permits: 186 out of 190 countries
Getting Electricity: 187 out of 190 countries
Registering Property: 178 out of 190 countries
Getting Credit: 186 out of 190 countries
Protecting Minority Investors: 185 out of 190 countries
Paying Taxes: 153 out of 190 countries
Trading across Borders: 188 out of 190 countries
Enforcing Contracts: 107 out of 190 countries
Resolving Insolvency: 168 out of 190 countries
Ranking: 177 / Score: 38.9 (Repressed)
(100=totally free 0=totally repressed)
Tigrinya (official), Arabic (official), English (official), Tigre, Kunama, Afar, other Cushitic languages
Sunni Muslim, Coptic Christian, Roman Catholic, Protestant
1990 | 2000 | 2010* | 2015* | 2020* |
N/A | 3.87 million | 5.1 million | 5.7 million | 6.27 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
9.8% | 14.4% | 26.6% | N/A |
Total population: 73.8%
Male: 82.4%
Female: 65.5%
Definition: age 15 and over can read and write (2015 est.)
Not Free
Political Rights: 7
Civil Liberties: 7 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 1.9%
Mobile: 20.4%
(2017)
(fixed-telephone subscribers and mobile-cellular subscribers)