Share of World GDP: Eritrea

Analysis# Eritrea Share of World GDP Eritrea's share of world GDP stands at 0.005% in 2019, representing a minimal but stable contribution to global economic output. The country peaked at 0.007% in 1994, shortly after independence, before declining to its lowest point of 0.004% in 2008. Over the full 1992–2019 period, Eritrea's share has remained essentially flat, fluctuating within a narrow 0.003 percentage-point range. The most significant shift occurred between 1994 and 2008, when Eritrea's economic weight contracted by roughly 43%. Since the 2008 trough, recovery has been limited and inconsistent, with the share oscillating between 0.004% and 0.006% through 2019. Recent years show marginal volatility rather than sustained growth, suggesting structural constraints continue to limit Eritrea's economic expansion relative to global GDP.