- Economic growth is estimated to have fallen sharply to 1.1% in 2013 from 7% the previous year and is projected to progress slightly to 1.9% in 2014, reflecting shrinkage of economic activities in many sectors, except in mining.
- Improvements are under way in the education and health sectors thanks to increased investments in those sectors, but significant challenges remain, especially with respect to creating an enabling business environment.
- Eritrea is currently not well-integrated into global value chains, but there is potential for an increased internationalisation of production and trade for mineral and agrofood exports.
Support to Technical and Vocational Education and Training - Stvet Project
Support to Higher Education Development
Well, though it is difficult to assess such data, I don't think the above report reflects my country's economic outlook. From my observation it is far less than the reality. When I compare to other African countries the living standards in my country especially that of rural area, Eritrea should be placed at the top. Don't forget some countries use "window dressing" to attract visitors.
|Area:||118,000 sq km|
|Total Population 2013:||6.3 Million|
|Urban Population 2013:||22.24%|
|Female Population 2013:||50.10%|
|GDP:||US$ 3.4 Billion|
|GNI Per Capita 2013:||US$ 450|
|Crude Birth Rate (per 1000):||36.70%|
|Human Development Index (rank / 187):||181|
|Human Development Index (scale 0 to 1):||0.351|
|Cumulative Approvals (1967-2013):||UA 105.7 Million|