Wealth share of the richest 1% in Eritrea

Eritrea: Wealth share of the richest 1% was 23.6% in 2024. ▼ Falling

Latest (2024)
23.6%
Change on year
down 0.0%
World rank
181st
of 215 countries
All-time high
38.4%
in 1989
All-time low
23.6%
in 2022
Years of data
45
1980–2024

Wealth share of the richest 1% in Eritrea, 1980–2024

0102030401980200220241980: 38.3 %1981: 38.3 %1982: 38.4 %1983: 38.3 %1984: 38.3 %1985: 38.3 %1986: 38.3 %1987: 38.3 %1988: 38.3 %1989: 38.4 %1990: 38.4 %1991: 38.3 %1992: 38.3 %1993: 38.4 %1994: 38.4 %1995: 38.3 %1996: 32 %1997: 28.6 %1998: 25.4 %1999: 23.9 %2000: 24 %2001: 24 %2002: 24 %2003: 24.1 %2004: 24.1 %2005: 24.2 %2006: 24.3 %2007: 24.4 %2008: 24.5 %2009: 24.6 %2010: 24.6 %2011: 24.7 %2012: 24.8 %2013: 24.8 %2014: 24.9 %2015: 25 %2016: 24.7 %2017: 24.4 %2018: 24.2 %2019: 23.9 %2020: 23.7 %2021: 23.6 %2022: 23.6 %2023: 23.6 %2024: 23.6 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for wealth share of the richest 1% in Eritrea is 23.6%, measured in 2024. That is the lowest value across all 45 years on record.

Compared with earlier readings it is down 5.3% over ten years.

Over the whole period, wealth share of the richest 1% in Eritrea peaked at 38.4% in 1989 and was at its lowest, 23.6%, in 2022.

That places Eritrea 181st out of 215 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 45 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 38.3% 38.3% 38.4% 10
1990s 34.0% 23.9% 38.4% 10
2000s 24.2% 24.0% 24.6% 10
2010s 24.6% 23.9% 25.0% 10
2020s 23.6% 23.6% 23.7% 5

Countries ranked near Eritrea

  1. 178 East Timor 23.7% compare
  2. 179 Afghanistan 23.6% compare
  3. 180 Ethiopia 23.6% compare
  4. 182 Mauritania 23.5% compare
  5. 183 Norway 23.5% compare
  6. 184 Maldives 23.4% compare

See the full ranking of 215 places →

More reference data data for Eritrea

All data for Eritrea →

Frequently asked questions

What is wealth share of the richest 1% in Eritrea?
Wealth share of the richest 1% in Eritrea was 23.6% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Eritrea?
The highest recorded value was 38.4% in 1989.
What is the lowest wealth share of the richest 1% recorded in Eritrea?
The lowest recorded value was 23.6% in 2022.
How does Eritrea rank for wealth share of the richest 1%?
Eritrea ranks 181st out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Eritrea?
Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
Where does this Eritrea data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.