Economy of Eritrea

Economy Of Eritrea

The Economy of Eritrea has experienced modest growth in recent years, indicated by an improvement in Gross domestic product (GDP) in 2004 of 2.5% over 2003. However, worker remittances from abroad are estimated to account for 32 percent of gross domestic product.

Read more about Economy Of Eritrea:  Economic History, Gross Domestic Product (GDP), Labor, National Service, Currency, Exchange Rate, and Inflation, Government Budget, Foreign Economic Relations

Famous quotes containing the words economy of and/or economy:

    Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.
    Henry David Thoreau (1817–1862)

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
    Henry David Thoreau (1817–1862)