About Eritrea's economy

Eritrea, a nation in East Africa, faces economic challenges despite recent growth. In 2022, the country's GDP reached $6.9 billion, with an estimated real GDP growth rate of 2.3%. Eritrea's global trade remains limited, with exports totaling $249 million and imports reaching $820 million in 2021. Government procurement plays a significant role in the economy, accounting for nearly 30% of GDP.

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