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Economy of Eritrea vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Eritrea has a GDP of $2.07B compared to $14.2B for Tajikistan, ranking 179/197 and 145/197 by economy size, respectively.

Eritrea has $3.54B in government debt (260.4% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Eritrea vs Tajikistan GDP by year

Eritrea
Tajikistan
1x
Year GDP, current $
Eritrea Tajikistan
2024 - $14,204,575,549
2023 - $12,244,169,293
2022 - $10,713,525,200
2021 - $8,937,805,347
2020 - $8,133,963,551
2019 - $8,300,813,599
2018 - $7,764,999,999
2017 - $7,536,402,853
2016 - $6,992,416,097
2015 - $8,271,431,485
2014 - $9,112,605,459
2013 - $8,448,411,318
2012 - $7,633,036,903
2011 $2,065,001,626 $6,522,756,255
2010 $1,589,515,447 $5,642,221,099
2009 $1,856,695,551 $4,979,472,364
2008 $1,380,188,800 $5,161,299,725
2007 $1,317,974,491 $3,719,524,541
2006 $1,211,161,880 $2,830,213,849
2005 $1,098,424,686 $2,312,352,021
2004 $1,109,054,005 $2,076,176,869
2003 $870,248,268 $1,555,318,261
2002 $729,321,680 $1,221,106,220
2001 $752,371,689 $1,080,772,551
2000 $706,370,816 $860,541,842
1999 $688,918,537 $1,086,612,290
1998 $745,523,117 $1,320,199,582
1997 $686,490,090 $921,518,033
1996 $693,535,954 $1,043,654,822
1995 $578,015,625 $1,231,561,860
1994 $531,688,312 $1,522,001,206
1993 $467,872,715 $1,646,623,195
1992 $477,101,652 $1,908,554,572
1991 - $2,536,585,366
1990 - $2,629,395,066

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

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

GDP per capita in Eritrea vs Tajikistan by year

Eritrea
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Eritrea Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $1,341 $5,406
2023 - - $1,178 $4,964
2022 - - $1,052 $4,514
2021 - - $897 $3,986
2020 - - $834 $3,654
2019 - - $871 $3,460
2018 - - $834 $3,069
2017 - - $829 $3,017
2016 - - $789 $2,914
2015 - - $957 $2,975
2014 - - $1,082 $3,152
2013 - - $1,028 $2,919
2012 - - $952 $2,679
2011 $689 $1,742 $834 $2,456
2010 $540 $1,599 $737 $2,291
2009 $643 $1,577 $665 $2,171
2008 $490 $1,547 $703 $2,120
2007 $480 $1,727 $517 $1,966
2006 $448 $1,682 $401 $1,810
2005 $413 $1,674 $334 $1,673
2004 $427 $1,621 $306 $1,550
2003 $349 $1,621 $233.6 $1,396
2002 $305 $1,702 $187 $1,257
2001 $325 $1,684 $168.7 $1,139
2000 $314 $1,558 $136.9 $1,036
1999 $311 $1,597 $175 $947
1998 $342 $1,598 $213.7 $905
1997 $319 $1,573 $150.1 $855
1996 $326 $1,449 $172 $836
1995 $285.4 $1,369 $207 $1,006
1994 $277.8 $1,379 $261.3 $1,148
1993 $252.1 $1,149 $287.6 $1,454
1992 $265.2 $1,021 $338 $1,721
1991 - - $458 $2,417
1990 - - $487 $2,583

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

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

Eritrea's GDP per capita is $689, ranking 188/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Eritrea ranks 191st at $1,742, while Tajikistan ranks 157th at $5,406.

Economic indicators

Eritrea Tajikistan
Gross domestic product
$2.07B
2011
$14.2B
2024
GDP rank
179/197
2011
145/197
2024
GDP growth
8.68%
2010-2011
8.4%
2023-2024
GDP per capita
$689
2011
$1,341
2024
GDP per capita rank
188/197
2011
166/197
2024
GDP per capita, PPP
$1,742
2011
$5,406
2024
GDP per capita PPP rank
191/197
2011
157/197
2024
Government debt
$3.54B
2011
$3.54B
2024
Debt-to-GDP ratio
260.4%
2019
24.9%
2024
Government debt per person
$1,182
2011
$335
2024
Government debt per person rank
136/185
2011
175/185
2024
Average annual personal income after taxes
$1,129
2026
$2,591
2026
Income share by richest 10% n/a
28.2%
2024
Income share by poorest 10% n/a
2.9%
2024
Government expenditure, % of GDP
31.3%
2019
27.7%
2024
Consumer prices inflation
1.3%
2018-2019
3.5%
2023-2024
Central bank interest rate n/a
7.75%
2025
Unemployment rate
5.8%
2017
0.08%
2016
Population
3700586
11038274

Spending and national debt comparison by year

Eritrea
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Eritrea Tajikistan
Government spending Government debt Government spending Government debt
2024 - - 27.7% 24.9%
2023 - - 28% 29.9%
2022 - - 27.4% 31.8%
2021 - - 27.6% 42%
2020 - - 29.2% 50.9%
2019 31.3% 260.4% 28.8% 43.2%
2018 26.4% 267.1% 30.9% 46.3%
2017 42.5% 290.4% 33.8% 46.3%
2016 30.9% 251.2% 32.7% 42.2%
2015 31.1% 271.4% 31.9% 35%
2014 21.6% 204.5% 27.5% 27.9%
2013 32.7% 232.4% 27.7% 29.3%
2012 33.3% 171.6% 24.7% 32.5%
2011 32.3% 171.6% 24.3% 35.5%
2010 42.4% 201.8% 25.9% 36.8%
2009 44.9% 207.1% 23.6% 36.9%
2008 69.4% 259.7% 20.2% 30.2%
2007 51.2% 201.3% 20.3% 34.3%
2006 50.5% 199% 21.6% 36.8%
2005 76.6% 205.4% 22.9% 45.8%
2004 57.1% 193.5% 20.2% 49.4%
2003 58.1% 264% 19.1% 69.8%
2002 60.1% 243.4% 19.1% 98.3%
2001 59.5% 238.6% 17.3% 99.4%
2000 84.7% 219.1% 18.1% 111.4%
1999 106.1% - 17.5% 107.8%
1998 88% - 17.1% 96.6%
1997 60.1% - - -
1996 68.6% - - -
1995 81.2% - - -
1994 50.4% - - -
1993 67.2% - - -
1992 32.7% - - -

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

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

In 2024, Eritrea's government spending was $666M, accounting for 31.3% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 260.4% in Eritrea and 24.9% in Tajikistan, ranking 2/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Eritrea

Tajikistan
1x
Year Deficit/surplus, % of GDP
Eritrea Tajikistan
2024 - 0.28%
2023 - -0.93%
2022 - -0.23%
2021 - -0.64%
2020 - -4.34%
2019 2.72% -2.04%
2018 5.22% -2.69%
2017 -5.74% -5.65%
2016 -1.44% -2.91%
2015 -2.77% -1.96%
2014 -0.12% 0.92%
2013 -7.62% -0.73%
2012 -5.21% 0.41%
2011 -5.5% 0.6%
2010 -16.5% -2.71%
2009 -22.2% -0.2%
2008 -38% 1.94%
2007 -19.8% 2.13%
2006 -15.5% 2%
2005 -31% -2.83%
2004 -7.65% -2.32%
2003 6.23% -1.74%
2002 -13.3% -2.4%
2001 -9.62% -2.11%
2000 -25.4% -4.51%
1999 -59.7% -4.03%
1998 -40.3% -5.09%
1997 -5.65% -
1996 -18.4% -
1995 -22.9% -
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/tajikistan | 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 Tajikistan's surplus of $39.4M, or 0.6% of GDP.

Over the past 14 years, Eritrea recorded a fiscal deficit in 13 of those years, while Tajikistan ran a deficit in 10 years. On average, Eritrea posted an annual deficit equal to 21.3% of GDP, compared to deficit of 1.52% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Eritrea

Tajikistan
1x
Year Consumer prices inflation
Eritrea Tajikistan
2024 - 3.5%
2023 - 3.7%
2022 - 6.6%
2021 - 9%
2020 - 8.6%
2019 1.3% 7.8%
2018 -14.4% 3.8%
2017 -13.3% 7.3%
2016 -5.6% 5.9%
2015 28.5% 5.8%
2014 8.4% 6.1%
2013 6.3% 5%
2012 6% 5.8%
2011 5.9% 12.4%
2010 10.3% 6.5%
2009 33.9% 6.4%
2008 22.2% 20.4%
2007 9.4% 13.2%
2006 7.7% 10%
2005 12.5% 7.3%
2004 25.1% 7.2%
2003 22.7% 16.4%
2002 16.9% 12.2%
2001 14.6% 38.6%
2000 19.9% 32.9%
1999 8.4% 27.5%
1998 9.5% 43.2%
1997 3.7% 88%

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

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

Over the past 23 years, Eritrea has recorded an average annual inflation rate of 10.4%, compared with 16.9% in Tajikistan. In 2019, inflation was 1.3% in Eritrea and 3.5% in Tajikistan.

Balance of trade

Eritrea Tajikistan
Current account balance
-$105M
2000
$887M
2024
Current account balance ranking
89/190
2000
54/190
2024
Current account balance, % of GDP
-14.8%
2000
+6.24%
2024
Goods imports
$471M
2000
$5.94B
2024
Goods exports
$36.8M
2000
$1.42B
2024
Service imports
$28.5M
2000
$971M
2024
Service exports
$60.9M
2000
$195M
2024
Imports of goods and services, % of GDP
29.2%
2011
48.4%
2023
Exports of goods and services, % of GDP
18.2%
2011
17.2%
2023

Economic freedom indices

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

Eritrea Tajikistan
Economic freedom 39.6 52.5
Economic freedom ranking 188/197 147/197
Property rights 4.8 28.4
Government integrity 10.9 18.5
Judicial effectiveness 5.5 10.1
Tax burden 80.3 94.2
Government spending 62.3 77
Fiscal health 69 98.6
Business freedom 30.7 60.6
Labor freedom 43.4 43.4
Monetary freedom 80 72.6
Trade freedom 68.4 72.2
Investment freedom 0 25
Financial freedom 20 30

Economic freedom comparison by year

Eritrea
Tajikistan
1x
Year Economic freedom index
Eritrea Tajikistan
2026 39.6 52.5
2025 38.6 51.5
2024 39.5 51.3
2023 39.5 50.6
2022 39.7 49.7
2021 42.3 55.2
2020 38.5 52.2
2019 38.9 55.6
2018 41.7 58.3
2017 42.2 58.2
2016 42.7 51.3
2015 38.9 52.7
2014 38.5 52
2013 36.3 53.4
2012 36.2 53.4
2011 36.7 53.5
2010 35.3 53
2009 38.5 54.6
2008 - 54.4
2007 - 53.6
2006 - 52.6
2005 - 50.4
2004 - 48.7
2003 - 46.5
2002 - 47.3
2001 - 46.8
2000 - 44.8
1999 - 41.2
1998 - 41.1

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

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

The Economic Freedom Index for Eritrea is 39.6, ranking 188/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Eritrea Tajikistan
Services, % of GDP n/a
34.7%
2023
Industry, % of GDP
21.8%
2009
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
14.1%
2009
22.9%
2023
GNI, Atlas method
$1.94B
2011
$17.5B
2024
GNI per capita, PPP
$1,720
2011
$7,100
2024
Total reserves including gold
$192M
2019
$3.3B
2023
Total reserves ranking
170/177
2019
117/177
2023
Net foreign direct investment
-$27.9M
2000
-$190M
2024
Net inflows of foreign direct investment
-$27.9M
2024
$291M
2024
Net outflows of foreign direct investment
$0
2024
$101M
2024
Servicing debt to the IMF, % of GNI
1.07%
2011
3.07%
2024
Poverty at national poverty lines
50%
2020
19.8%
2024
Gross capital formation, % of GDP
12.6%
2011
31.7%
2023

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/tajikistan | 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. Central Intelligence Agency (CIA) (2017–2020, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.