Eritrea's adjusted savings, net forest depletion (current US$) was US$5.08 million in 2021, the latest year in the World Bank's World Development Indicators.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$5.08 million | 2021 |
| Five years earlier | US$0 | 2016 |
| Ten years earlier | US$0 | 2011 |
| Highest | US$56.03 million | 1998 |
| Lowest | US$0 | 2009 |
| Average since 2012 | US$973,605 | 2012–2021 |
| First recorded | US$25.21 million |
What the numbers say
In 2021, Eritrea's adjusted savings, net forest depletion (current US$) rose US$422,409 on 2020 (from US$4.66 million to US$5.08 million).
Across the 27 yearly changes before that (1994 to 2020), the average change was −US$761,391 and a typical year strayed about US$8.74 million from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$19.18 million in 1995 and the biggest yearly fall was US$22.75 million in 1999. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$474,611 a year. A straight line explains 49% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Eritrea had the 83rd highest value of the 183 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Eritrea in the 2021 ranking
- Belize — 80th of 183: US$6.01 million
- Cabo Verde — 81st of 183: US$5.73 million
- Vanuatu — 82nd of 183: US$5.43 million
- Luxembourg — 84th of 183: US$3.71 million
- Syrian Arab Republic — 85th of 183: US$3.07 million
- Samoa — 86th of 183: US$2.37 million
What this measures
Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 29 values
| Year | Adjusted savings, net forest depletion (current US$) |
|---|---|
| 2021 | 5,079,230 |
| 2020 | 4,656,821 |
| 2019 | 0 |
| 2018 | 0 |
| 2017 | 0 |
| 2016 | 0 |
| 2015 | 0 |
| 2014 | 0 |
| 2013 | 0 |
| 2012 | 0 |
| 2011 |
Adjusted savings, net forest depletion (current US$) in nearby economies
- Angola — US$458.79 million (2021)
- Benin — US$0 (2021)
- Botswana — US$52.12 million (2021)
- Burkina Faso — US$0 (2021)
- Burundi — US$387.98 million (2021)
- Cabo Verde — US$5.73 million (2021)
- Cameroon — US$1.17 billion (2021)
- Central African Republic — US$0 (2021)
- Chad — US$451.24 million (2021)
- Comoros
More economic policy & debt data for Eritrea
- Adjusted savings, education expenditure (% of GNI) — 1.72% (2021)
- Adjusted savings, mineral depletion (current US$) — US$406.57 million (2021)
- Grants, excluding technical cooperation (BoP, current US$) — US$122.44 million (2023)
- Net official development assistance and official aid received (current US$) — US$129.19 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$129.19 million (2023)
- Net official development assistance received (current US$) — US$129.19 million (2023)
- Net official development assistance received (constant 2023 US$) — US$129.19 million (2023)
- Net ODA received per capita (current US$) — US$37.23 (2023)
Reading data like this
Questions people ask
- What is Eritrea's adjusted savings, net forest depletion (current US$)?
- US$5.08 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is down 79.86% from US$25.21 million in 1993 (5.56% a year on average, compounded). The highest value was US$56.03 million in 1998 and the lowest US$0 in 2009.
- How does Eritrea rank?
- 83rd highest of 183 economies with data for 2021.
- Is the latest change in adjusted savings, net forest depletion (current US$) unusual for Eritrea?
- In 2021, Eritrea's adjusted savings, net forest depletion (current US$) rose US$422,409 on 2020 (from US$4.66 million to US$5.08 million). Across the 27 yearly changes before that (1994 to 2020), the average change was −US$761,391 and a typical year strayed about US$8.74 million from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DFOR.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in