Military expenditure (current USD), per unit of GDP in Eritrea
Eritrea: Military expenditure (current USD), per unit of GDP was 0.2087 current USD per US$ of GDP in 2003. ▲ Rising
Military expenditure (current USD), per unit of GDP in Eritrea, 1993–2003
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Eritrea recorded 0.2087 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2003.
Compared with earlier readings it is up 0.9% on the previous year and down 9.4% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Eritrea peaked at 0.3961 current USD per US$ of GDP in 1999 and was at its lowest, 0.1351 current USD per US$ of GDP, in 1997.
That places Eritrea 2nd out of 166 countries with data for 2003, putting it in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Military expenditure (current USD), per unit of GDP in Eritrea, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1993 | 0.2303 current USD per US$ of GDP | — |
| 1994 | 0.1508 current USD per US$ of GDP | -34.5% |
| 1995 | 0.2162 current USD per US$ of GDP | +43.4% |
| 1996 | 0.2196 current USD per US$ of GDP | +1.5% |
| 1997 | 0.1351 current USD per US$ of GDP | -38.5% |
| 1998 | 0.3528 current USD per US$ of GDP | +161.1% |
| 1999 | 0.3961 current USD per US$ of GDP | +12.3% |
| 2000 | 0.3266 current USD per US$ of GDP | -17.5% |
| 2001 | 0.2214 current USD per US$ of GDP | -32.2% |
| 2002 | 0.2067 current USD per US$ of GDP | -6.6% |
| 2003 | 0.2087 current USD per US$ of GDP | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.243 current USD per US$ of GDP | 0.1351 current USD per US$ of GDP | 0.3961 current USD per US$ of GDP | 7 |
| 2000s | 0.2408 current USD per US$ of GDP | 0.2067 current USD per US$ of GDP | 0.3266 current USD per US$ of GDP | 4 |
Countries ranked near Eritrea
More public sector data for Eritrea
- Arms imports 4.00 million SIPRI trend indicator values (2007)
- Arms imports (SIPRI trend indicator values), per capita 1.46 SIPRI trend indicator values per person (2007)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.003 SIPRI trend indicator values per US$ of GDP (2007)
- Arms imports (SIPRI trend indicator values), annual growth rate 23.75 % change on previous year (2005)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2007)
- Military expenditure (current USD), per capita 72.81 current USD per person (2003)
- Military expenditure (current USD), annual growth rate 20.44 % change on previous year (2003)
- Military expenditure (current USD), gaps filled 181.58 million current USD (2003)
- Arms imports (SIPRI trend indicator values), per square kilometre 33.05 SIPRI trend indicator values per square kilometre (2007)
- Military expenditure (current USD), per square kilometre 1,798 current USD per square kilometre (2003)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Eritrea?
- Military expenditure (current usd), per unit of gdp in Eritrea was 0.2087 current USD per US$ of GDP in 2003, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Eritrea?
- The highest recorded value was 0.3961 current USD per US$ of GDP in 1999.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 0.1351 current USD per US$ of GDP in 1997.
- How does Eritrea rank for military expenditure (current usd), per unit of gdp?
- Eritrea ranks 2nd out of 166 countries with data for 2003.
- Is military expenditure (current usd), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is down 9.4%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.