Eritrea Outlook for 2015-17 | glObserver Global Economics


The country (Eritrea) is situated in Eastern Africa, bordering the Red Sea, between Djibouti and Sudan.It has borders with Djibouti for 109km, Ethiopia for 912km and Sudan for 605km.

Sourced through Scoop.it from: globserver.cn

Real GDP increase is projected to increase from 2.0% in 2014 to 2.1% in 2015, double the rate recorded in 2013, because of increasing investments in the mining sector. Over the medium term, the government sees further prospects in improved trade with Middle-Eastern and Asian nations, additional mining activities, the increase of the food sector and the development of the tourist industry. The current GDP composition is: services (59.9%), non-manufacturing (17.3%), agriculture, hunting, forestry and fisheries (16.9%) and industry (5.9%).

See on Scoop.itglobserver africa

Author: globserver

Director of Eyecom china

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