Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars.
The economy of Eritrea has undergone extreme changes after the War of Independence.
It experienced considerable growth in recent years, indicated by an improvement in gross domestic product in 2011 of 8.7 percent and in 2012 of 7.5% over 2011,[3] and has a total of $8.090 billion as of 2020. However, worker remittances from abroad are estimated to account for 32 percent of gross domestic product.[4]
Eritrea has an extensive amount of resources such as copper, gold, granite, marble, and potash. As of 2012, 20 mining companies had obtained licenses to prospect and exploit mines.
^ abcd"World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund. Retrieved 2 August 2022.
^"Global Economic Prospects, June 2019: Heightened Tensions, Subdued Investment. p. 127" (PDF). openknowledge.worldbank.org. World Bank. Retrieved 7 December 2019.
^[1], International Monetary Fund. Retrieved October 2012.
^Eritrea country profile. Library of Congress Federal Research Division (September 2005). This article incorporates text from this source, which is in the public domain.
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