Country intelligence

Eritrea

Last updated 15 Nov 2026, 05:19 UTC (sources checked) · figures last changed 15 Nov 2026 · news checked 15 Nov 2026, 04:09 UTC

Partner risk indices

Country Risk Index
65.3
Political Risk Index
57
Short-Term Economic Risk Index
64
Long-Term Economic Risk Index
60.7
Operational Risk Index
76.6

Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.

Key indicators

IndicatorValuePeriodSource
Real GDP growth3.8%2019IMF WEO
Inflation, average consumer prices1.3%2019IMF WEO
GDP, current pricesUS$2bn2019IMF WEO
GDP per capita, current pricesUS$5672019IMF WEO
General government gross debt260.4%2019IMF WEO
Government net lending (+) / borrowing (-)2.7%2019IMF WEO
Current account balance13%2019IMF WEO
Population3.6 million2025World Bank WDI
Population growth2%2025World Bank WDI
Urban population34.5%2025World Bank WDI
Unemployment (modelled ILO estimate)6%2025World Bank WDI
Foreign direct investment, net inflows0.3%2011World Bank WDI
External debt stocks51.5%2011World Bank WDI
Official exchange rate (period average)15.08 LCU per USD2025World Bank WDI
Trade (exports plus imports)47.4%2011World Bank WDI
Domestic credit to the private sector53.2%2014World Bank WDI
Internet users14.3%2020World Bank WDI
Mobile subscriptions59.12 per 100 people2022World Bank WDI
Fixed broadband subscriptions0.17 per 100 people2022World Bank WDI
Access to electricity55.3%2024World Bank WDI
Renewable share of final energy consumption80.7%2021World Bank WDI
Oil rents0%2011World Bank WDI
Fuel exports0%2002World Bank WDI
Mineral rents24.6%2011World Bank WDI
Ores and metals exports1.8%2003World Bank WDI
Agriculture, forestry and fishing, value added14.1%2009World Bank WDI
Employment in agriculture55.5%2025World Bank WDI
Manufacturing, value added5.5%2009World Bank WDI
Industry (including construction), value added21.8%2009World Bank WDI
Political stability and absence of violence55.12025World Bank WGI
Regulatory quality19.242025World Bank WGI
Rule of law29.482025World Bank WGI
Control of corruption15.572025World Bank WGI
Government effectiveness21.122025World Bank WGI

Market overview

  • Eritrea is in East Africa and is classified by the World Bank as Low income. (World Bank)
  • Population: 3.6 million (2025). (World Bank WDI)
  • GDP: US$2bn in 2019. (IMF WEO)

Economic conditions

  • Real GDP growth: 3.8% in 2019. (IMF WEO)
  • Average consumer price inflation: 1.3% in 2019. (IMF WEO)
  • General government gross debt: 260.4% of GDP in 2019. (IMF WEO)
  • Current account balance: 13% of GDP in 2019. (IMF WEO)
  • Government net lending/borrowing: 2.7% of GDP in 2019. (IMF WEO)
  • Official exchange rate averaged 15.08 local currency units per US dollar in 2025, against 15.08 in 2023: 0% more units per dollar (the currency weakened against the dollar). (World Bank WDI)

Key risks

  • Partner risk indices (0-100, higher = higher risk), as of 8 Nov 2026: Country Risk Index 65.3 (rank 48 of 53 in Africa, 1 = lowest risk); Political Risk Index 57 (rank 42 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 64 (rank 47 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 60.7 (rank 39 of 53 in Africa, 1 = lowest risk); Operational Risk Index 76.6 (rank 50 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
  • Highest-scoring Partner risk component: trade and investment risk (80.6, operational). (Partner Research Partner)
  • World Bank governance scores (2025, 0-100, higher is better): control of corruption 16; government effectiveness 21; political stability and absence of violence 55; rule of law 29; regulatory quality 19. (World Bank WGI)
  • External debt stocks: 51.5% of GNI (2011). (World Bank WDI)
  • Unemployment (modelled ILO estimate): 6% of labour force (2025). (World Bank WDI)

Investment considerations

  • Foreign direct investment, net inflows: 0.3% of GDP (2011). (World Bank WDI)
  • Domestic credit to the private sector: 53.2% of GDP (2014). (World Bank WDI)
  • Trade (exports plus imports): 47.4% of GDP (2011). (World Bank WDI)
  • The Meridian holds 26 published records tagged to Eritrea. (The Meridian)

Sector snapshot

  • Energy and power: access to electricity 55.3% of population (2024); renewable share of final energy consumption 80.7% (2021). (World Bank WDI)
  • Mining and minerals: mineral rents 24.6% of GDP (2011); ores and metals exports 1.8% of merchandise exports (2003). (World Bank WDI)
  • Financial services: foreign direct investment, net inflows 0.3% of GDP (2011); domestic credit to the private sector 53.2% of GDP (2014). (World Bank WDI)
  • Technology, media and telecoms: internet users 14.3% of population (2020); mobile subscriptions 59.1 per 100 people (2022). (World Bank WDI)
  • Agriculture: agriculture, forestry and fishing, value added 14.1% of GDP (2009); employment in agriculture 55.5% of employment (2025). (World Bank WDI)
  • Manufacturing and industry: manufacturing, value added 5.5% of GDP (2009); industry (including construction), value added 21.8% of GDP (2009). (World Bank WDI)
  • Infrastructure and real estate: urban population 34.5% of population (2025); access to electricity 55.3% of population (2024). (World Bank WDI)

Data limitations and sources

  • Older data, shown with its period and not described as current: Real GDP growth (Latest published value is for 2019); Inflation, average consumer prices (Latest published value is for 2019); GDP, current prices (Latest published value is for 2019); GDP per capita, current prices (Latest published value is for 2019); General government gross debt (Latest published value is for 2019); Government net lending (+) / borrowing (-) (Latest published value is for 2019); Current account balance (Latest published value is for 2019); Foreign direct investment, net inflows (Latest published value is for 2011); and 14 more.
  • IMF figures for the most recent year are IMF estimates and later years are projections. World Bank series typically lag by one to two years. Headlines come from automated news monitoring and are not verified by The Meridian.
  • Sources last checked 15 Nov 2026.

Meridian transactions

Economic baseline (World Bank / IMF)

GDP
$2bn2019
Real GDP growth
3.8%2019
GDP per capita
$5672019
Consumer price inflation
1.3%2019
Population
3.5m2019
Current account balance (% of GDP)
13.0%2019
General government gross debt (% of GDP)
260.4%2019

Sources: IMF World Economic Outlook via the IMF DataMapper (latest year shown is no later than 2025; recent years may be IMF estimates). Latest available year shown; refreshed weekly. Compare all 54 markets.