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Economy of Eritrea vs Kyrgyzstan compared: GDP & Debt

Updated on by Georank team

Eritrea has a GDP of $2.07B compared to $17.5B for Kyrgyzstan, ranking 179/197 and 135/197 by economy size, respectively.

Eritrea has $3.54B in government debt (260.4% of GDP), compared to $6.56B (37.5% of GDP) in Kyrgyzstan.

Eritrea vs Kyrgyzstan GDP by year

Eritrea
Kyrgyzstan
1x
Year GDP, current $
Eritrea Kyrgyzstan
2024 - $17,478,259,659
2023 - $15,180,842,369
2022 - $12,134,931,018
2021 - $9,249,133,946
2020 - $8,270,468,614
2019 - $9,371,275,264
2018 - $8,271,106,235
2017 - $7,702,938,379
2016 - $6,813,095,379
2015 - $6,678,177,512
2014 - $7,468,102,413
2013 - $7,335,033,801
2012 - $6,605,142,884
2011 $2,065,001,626 $6,197,765,984
2010 $1,589,515,447 $4,794,361,863
2009 $1,856,695,551 $4,690,061,381
2008 $1,380,188,800 $5,139,958,909
2007 $1,317,974,491 $3,802,570,553
2006 $1,211,161,880 $2,834,168,889
2005 $1,098,424,686 $2,460,246,766
2004 $1,109,054,005 $2,211,534,585
2003 $870,248,268 $1,919,008,090
2002 $729,321,680 $1,605,643,105
2001 $752,371,689 $1,525,116,370
2000 $706,370,816 $1,369,688,498
1999 $688,918,537 $1,249,061,487
1998 $745,523,117 $1,645,963,750
1997 $686,490,090 $1,767,864,036
1996 $693,535,954 $1,827,570,586
1995 $578,015,625 $1,661,147,035
1994 $531,688,312 $1,681,780,847
1993 $467,872,715 $2,026,019,253
1992 $477,101,652 $2,315,346,943
1991 - $2,542,256,424
1990 - $2,660,202,623

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

GeoRank.org/economy/eritrea/kyrgyzstan | CC BY

GDP per capita in Eritrea vs Kyrgyzstan by year

Eritrea
GDP per capita

GDP per capita, PPP
Kyrgyzstan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Eritrea Kyrgyzstan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $2,420 $8,012
2023 - - $2,138 $7,298
2022 - - $1,740 $6,578
2021 - - $1,350 $5,736
2020 - - $1,230 $5,179
2019 - - $1,422 $5,304
2018 - - $1,284 $4,778
2017 - - $1,221 $4,954
2016 - - $1,103 $4,604
2015 - - $1,106 $4,153
2014 - - $1,265 $4,228
2013 - - $1,270 $4,001
2012 - - $1,169 $3,589
2011 $689 $1,742 $1,117 $3,278
2010 $540 $1,599 $877 $3,076
2009 $643 $1,577 $870 $3,097
2008 $490 $1,547 $966 $3,031
2007 $480 $1,727 $722 $2,770
2006 $448 $1,682 $543 $2,508
2005 $413 $1,674 $477 $2,386
2004 $427 $1,621 $433 $2,343
2003 $349 $1,621 $381 $2,158
2002 $305 $1,702 $322 $1,998
2001 $325 $1,684 $308 $1,986
2000 $314 $1,558 $279.6 $1,862
1999 $311 $1,597 $258 $1,747
1998 $342 $1,598 $345 $1,687
1997 $319 $1,573 $376 $1,659
1996 $326 $1,449 $395 $1,505
1995 $285.4 $1,369 $364 $1,401
1994 $277.8 $1,379 $372 $1,466
1993 $252.1 $1,149 $449 $1,795
1992 $265.2 $1,021 $513 $2,075
1991 - - $570 $2,382
1990 - - $606 $2,544

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

GeoRank.org/economy/eritrea/kyrgyzstan | CC BY

Eritrea's GDP per capita is $689, ranking 188/197, compared to $2,420 in Kyrgyzstan, ranking 150/197. Adjusted for purchasing power (GDP per capita PPP), Eritrea ranks 191st at $1,742, while Kyrgyzstan ranks 141st at $8,012.

Economic indicators

Eritrea Kyrgyzstan
Gross domestic product
$2.07B
2011
$17.5B
2024
GDP rank
179/197
2011
135/197
2024
GDP growth
8.68%
2010-2011
9.04%
2023-2024
GDP per capita
$689
2011
$2,420
2024
GDP per capita rank
188/197
2011
150/197
2024
GDP per capita, PPP
$1,742
2011
$8,012
2024
GDP per capita PPP rank
191/197
2011
141/197
2024
Government debt
$3.54B
2011
$6.56B
2024
Debt-to-GDP ratio
260.4%
2019
37.5%
2024
Government debt per person
$1,182
2011
$908
2024
Government debt per person rank
136/185
2011
144/185
2024
Average annual personal income after taxes
$1,129
2026
$4,187
2026
Income share by richest 10% n/a
23%
2023
Income share by poorest 10% n/a
4.3%
2023
Government expenditure, % of GDP
31.3%
2019
33.7%
2024
Consumer prices inflation
1.3%
2018-2019
5%
2023-2024
Central bank interest rate n/a
10%
2025
Unemployment rate
5.8%
2017
3.5%
2023
Population
3700586
7471102

Spending and national debt comparison by year

Eritrea
Spending

Debt
Kyrgyzstan
Spending

Debt
1x
Year % of GDP
Eritrea Kyrgyzstan
Government spending Government debt Government spending Government debt
2024 - - 33.7% 37.5%
2023 - - 32.9% 42%
2022 - - 35% 46.8%
2021 - - 32.1% 56.2%
2020 - - 32.1% 63.6%
2019 31.3% 260.4% 30.8% 48.8%
2018 26.4% 267.1% 33.1% 54.8%
2017 42.5% 290.4% 37% 58.8%
2016 30.9% 251.2% 38.9% 59.1%
2015 31.1% 271.4% 38.1% 67.1%
2014 21.6% 204.5% 38.5% 53.6%
2013 32.7% 232.4% 38.1% 47.1%
2012 33.3% 171.6% 40.6% 50.5%
2011 32.3% 171.6% 37.4% 50.1%
2010 42.4% 201.8% 37.1% 59.7%
2009 44.9% 207.1% 32.5% 58.5%
2008 69.4% 259.7% 27.9% 49%
2007 51.2% 201.3% 29.6% 57.7%
2006 50.5% 199% 29.1% 73.4%
2005 76.6% 205.4% 29.1% 85.7%
2004 57.1% 193.5% 28.5% 92.7%
2003 58.1% 264% 28.1% 108.2%
2002 60.1% 243.4% 29.3% 107.9%
2001 59.5% 238.6% 28.1% 108.2%
2000 84.7% 219.1% 30.2% 123.3%
1999 106.1% - 35.9% 119.6%
1998 88% - 35.9% 85.1%
1997 60.1% - 31.1% 64.8%
1996 68.6% - 28.6% 57.7%
1995 81.2% - 37.9% 52.4%
1994 50.4% - - -
1993 67.2% - - -
1992 32.7% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20).

GeoRank.org/economy/eritrea/kyrgyzstan | CC BY

In 2024, Eritrea's government spending was $666M, accounting for 31.3% of its GDP, while Kyrgyzstan spent $5.89B, or 33.7% of GDP.

Debt-to-GDP ratio is 260.4% in Eritrea and 37.5% in Kyrgyzstan, ranking 2/185 and 140/185, respectively.

Government deficit by year

Deficit/surplus
Eritrea

Kyrgyzstan
1x
Year Deficit/surplus, % of GDP
Eritrea Kyrgyzstan
2024 - 1.87%
2023 - 1.59%
2022 - -0.29%
2021 - -0.71%
2020 - -3.06%
2019 2.72% -0.07%
2018 5.22% -0.59%
2017 -5.74% -3.73%
2016 -1.44% -5.79%
2015 -2.77% -2.52%
2014 -0.12% -3.07%
2013 -7.62% -3.7%
2012 -5.21% -5.86%
2011 -5.5% -4.7%
2010 -16.5% -5.95%
2009 -22.2% 0.38%
2008 -38% 1.92%
2007 -19.8% 1.28%
2006 -15.5% -2.1%
2005 -31% -3.79%
2004 -7.65% -4.89%
2003 6.23% -5.17%
2002 -13.3% -5.9%
2001 -9.62% -6.75%
2000 -25.4% -10.7%
1999 -59.7% -13.5%
1998 -40.3% -12%
1997 -5.65% -9.3%
1996 -18.4% -9.1%
1995 -22.9% -13.5%
1994 8.69% -
1993 4.22% -
1992 6.85% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/eritrea/kyrgyzstan | CC BY

In 2011, Eritrea's government deficit, the difference between spending and revenue, was $114M, equivalent to 5.5% of GDP. This compares to Kyrgyzstan's deficit of $292M, or 4.7% of GDP.

Over the past 17 years, Eritrea recorded a fiscal deficit in 16 of those years, while Kyrgyzstan ran a deficit in 14 years. On average, Eritrea posted an annual deficit equal to 20.3% of GDP, compared to deficit of 6.1% of GDP for Kyrgyzstan.

Inflation comparison by year

Inflation
Eritrea

Kyrgyzstan
1x
Year Consumer prices inflation
Eritrea Kyrgyzstan
2024 - 5%
2023 - 10.8%
2022 - 13.9%
2021 - 11.9%
2020 - 6.3%
2019 1.3% 1.1%
2018 -14.4% 1.5%
2017 -13.3% 3.2%
2016 -5.6% 0.4%
2015 28.5% 6.5%
2014 8.4% 7.5%
2013 6.3% 6.6%
2012 6% 2.8%
2011 5.9% 16.6%
2010 10.3% 8%
2009 33.9% 6.8%
2008 22.2% 24.5%
2007 9.4% 10.2%
2006 7.7% 5.6%
2005 12.5% 4.3%
2004 25.1% 4.1%
2003 22.7% 3%
2002 16.9% 2.1%
2001 14.6% 6.9%
2000 19.9% 19.7%
1999 8.4% 35.9%
1998 9.5% 10.5%
1997 3.7% 23.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/eritrea/kyrgyzstan | CC BY

Over the past 23 years, Eritrea has recorded an average annual inflation rate of 10.4%, compared with 9.18% in Kyrgyzstan. In 2019, inflation was 1.3% in Eritrea and 5% in Kyrgyzstan.

Balance of trade

Eritrea Kyrgyzstan
Current account balance
-$105M
2000
-$5.18B
2022
Current account balance ranking
89/190
2000
167/190
2022
Current account balance, % of GDP
-14.8%
2000
-42.7%
2022
Goods imports
$471M
2000
$9.17B
2022
Goods exports
$36.8M
2000
$2.25B
2022
Service imports
$28.5M
2000
$1.48B
2022
Service exports
$60.9M
2000
$1.37B
2022
Imports of goods and services, % of GDP
29.2%
2011
84.2%
2024
Exports of goods and services, % of GDP
18.2%
2011
43.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Eritrea Kyrgyzstan
Economic freedom 39.6 56
Economic freedom ranking 188/197 126/197
Property rights 4.8 22.9
Government integrity 10.9 23.9
Judicial effectiveness 5.5 8.3
Tax burden 80.3 93.2
Government spending 62.3 65.6
Fiscal health 69 97.2
Business freedom 30.7 58.2
Labor freedom 43.4 52.3
Monetary freedom 80 68
Trade freedom 68.4 72.6
Investment freedom 0 60
Financial freedom 20 50

Economic freedom comparison by year

Eritrea
Kyrgyzstan
1x
Year Economic freedom index
Eritrea Kyrgyzstan
2026 39.6 56
2025 38.6 55.6
2024 39.5 55.2
2023 39.5 55.8
2022 39.7 55.8
2021 42.3 63.7
2020 38.5 62.9
2019 38.9 62.3
2018 41.7 62.8
2017 42.2 61.1
2016 42.7 59.6
2015 38.9 61.3
2014 38.5 61.1
2013 36.3 59.6
2012 36.2 60.2
2011 36.7 61.1
2010 35.3 61.3
2009 38.5 61.8
2008 - 61.1
2007 - 60.2
2006 - 61
2005 - 56.6
2004 - 58
2003 - 56.8
2002 - 51.7
2001 - 53.7
2000 - 55.7
1999 - 54.8
1998 - 51.8

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09).

GeoRank.org/economy/eritrea/kyrgyzstan | CC BY

The Economic Freedom Index for Eritrea is 39.6, ranking 188/197, compared to 56 for Kyrgyzstan, ranking 126/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Eritrea Kyrgyzstan
Services, % of GDP n/a
52.1%
2024
Industry, % of GDP
21.8%
2009
24.7%
2024
Agriculture, forestry, and fishing, % of GDP
14.1%
2009
8.61%
2024
GNI, Atlas method
$1.94B
2011
$15.8B
2024
GNI per capita, PPP
$1,720
2011
$7,900
2024
Total reserves including gold
$192M
2019
$5.09B
2024
Total reserves ranking
170/177
2019
100/177
2024
Net foreign direct investment
-$27.9M
2000
-$509M
2022
Net inflows of foreign direct investment
-$27.9M
2024
$705M
2024
Net outflows of foreign direct investment
$0
2024
$20M
2024
Servicing debt to the IMF, % of GNI
1.07%
2011
4.74%
2024
Poverty at national poverty lines
50%
2020
25.7%
2024
Gross capital formation, % of GDP
12.6%
2011
29.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/eritrea/kyrgyzstan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20)
  6. Central Intelligence Agency (CIA) (2017–2020, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.