Economy of Eritrea

Economy of Eritrea

Gross Domestic Product 2012

GDP (purchasing power parity): $4.412 billion

GDP real growth rate: 7.5%

GDP per capita (PPP): $800
GDP composition by sector 2012

Agriculture: 11.6%

Industry: 30.6%

Services: 57.8%

Currency: Nakfa (ERN)

Inflation: 5%
Business Languages

The commercial languages include the following;



The key means of transport in Eritrea include; railway system of 317 kilometres, roads that cover over 4,010 kilometres and water transport mainly on Red sea

The country has potential for biomass, oil and gas. Hydro power is the major sources of energy in Eritrea

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