Economy in Eritrea

Economy in Eritrea

Eritrea’s gross domestic product growth (GDP) was estimated at around 9% in the 2011-2012 period (the latest point for which data is readily available), up from an estimated 2.2% in 2010. 

The growth was mainly stimulated by the mining sector (gold), the coming on stream of the Bisha mine in 2011 and the historically high gold price prevailing at that time were key drivers. This growth was considered one of the highest growth in the world and this leads Eritrea as one of the fastest growing country in the field of economy. 

Economy in Eritrea