Military spending, annual growth rate in Eritrea

Eritrea: Military spending, annual growth rate was -9.62 % change on previous year in 2016. ◆ Volatile

Latest (2016)
-9.62 % change on previous year
Change on year
down 189.5%
World rank
170th
of 172 countries
All-time high
155.31 % change on previous year
in 1998
All-time low
-42.74 % change on previous year
in 2004
Years of data
23
1994–2016

Military spending, annual growth rate in Eritrea, 1994–2016

-500501001501994200520161994: -13.7 % change on previous year1995: 2.9 % change on previous year1996: 11.6 % change on previous year1997: 27.7 % change on previous year1998: 155.3 % change on previous year1999: 2.6 % change on previous year2000: -35.7 % change on previous year2001: -11 % change on previous year2002: -12.3 % change on previous year2003: -25.5 % change on previous year2004: -42.7 % change on previous year2005: -18 % change on previous year2006: -2.8 % change on previous year2007: 1.1 % change on previous year2008: -0.243 % change on previous year2009: -2.7 % change on previous year2010: 1.7 % change on previous year2011: -3.2 % change on previous year2012: 0.334 % change on previous year2013: 1.2 % change on previous year2014: 5.5 % change on previous year2015: 10.7 % change on previous year2016: -9.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Eritrea recorded -9.62 % change on previous year for military spending, annual growth rate in 2016.

That represents a change of down 189.5% on the previous year and down 245.0% over ten years.

Over the whole period, military spending, annual growth rate in Eritrea peaked at 155.31 % change on previous year in 1998 and was at its lowest, -42.74 % change on previous year, in 2004.

Eritrea ranks 170th of 172 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Eritrea, year by year

Annual values for Military spending, annual growth rate in Eritrea, 1994 to 2016.
Year % change on previous year Change
1994 -13.73 % change on previous year
1995 2.9 % change on previous year -121.1%
1996 11.56 % change on previous year +298.5%
1997 27.67 % change on previous year +139.4%
1998 155.31 % change on previous year +461.4%
1999 2.57 % change on previous year -98.3%
2000 -35.68 % change on previous year -1491.0%
2001 -10.97 % change on previous year -69.3%
2002 -12.34 % change on previous year +12.5%
2003 -25.45 % change on previous year +106.3%
2004 -42.74 % change on previous year +67.9%
2005 -17.98 % change on previous year -57.9%
2006 -2.79 % change on previous year -84.5%
2007 1.07 % change on previous year -138.5%
2008 -0.2428 % change on previous year -122.6%
2009 -2.68 % change on previous year +1002.0%
2010 1.73 % change on previous year -164.7%
2011 -3.21 % change on previous year -285.3%
2012 0.3337 % change on previous year -110.4%
2013 1.22 % change on previous year +265.7%
2014 5.48 % change on previous year +349.0%
2015 10.75 % change on previous year +96.1%
2016 -9.62 % change on previous year -189.5%

Eritrea compared with similar countries

  • Eritrea's -9.62 % change on previous year is below the median for low income countries, which is 7.99 % change on previous year. (25 countries reporting)
  • Eritrea's -9.62 % change on previous year is below the median for Sub-Saharan Africa, which is 5.01 % change on previous year. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2000 -1491.0% 2.57 % change on previous year -35.68 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 31.05 % change on previous year -13.73 % change on previous year 155.31 % change on previous year 6
2000s -14.98 % change on previous year -42.74 % change on previous year 1.07 % change on previous year 10
2010s 0.9543 % change on previous year -9.62 % change on previous year 10.75 % change on previous year 7

Countries ranked near Eritrea

  1. 167 Iraq -4.9 % change on previous year compare
  2. 168 United Arab Emirates -6.5 % change on previous year compare
  3. 169 South Africa -8.55 % change on previous year compare
  4. 171 Sudan -25.64 % change on previous year compare
  5. 172 Afghanistan -32.48 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Eritrea

All data for Eritrea →

Frequently asked questions

What is military spending, annual growth rate in Eritrea?
Military spending, annual growth rate in Eritrea was -9.62 % change on previous year in 2016, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Eritrea?
The highest recorded value was 155.31 % change on previous year in 1998.
What is the lowest military spending, annual growth rate recorded in Eritrea?
The lowest recorded value was -42.74 % change on previous year in 2004.
How does Eritrea rank for military spending, annual growth rate?
Eritrea ranks 170th out of 172 countries with data for 2016.
Is military spending, annual growth rate rising or falling in Eritrea?
Over the last ten years it is down 245.0%. The long-run trend across the full record is volatile.
Where does this Eritrea data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Eritrea. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/eritrea/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.