Eritrea
State of Eritrea
Eritrea is one of Africa's most closed economies with heavy state control and mandatory national service that limits private sector development. The mining sector, particularly the Bisha mine (gold, copper, zinc operated by Zijin Mining) and new potash projects, represents the primary source of foreign investment and export earnings. Agriculture (limited arable land) and fisheries along the Red Sea coast are other key sectors. The country has no independent central bank policy rate and limited financial sector. Business entry is extremely restricted for foreign entities, though the mining sector operates under specific concession agreements.
Snapshot
World Bank Indicators Compare with another country
Climate Readiness Full ranking
How this is computed
Adaptive capacity to absorb climate finance and adapt, following the readiness dimension of the ND-GAIN framework. Built only from measured values already held on each country profile. It is not a measure of emissions or physical climate vulnerability, which the platform does not yet hold.
- Energy access (30%) — World Bank, access to electricity (% of population). The single most climate and energy specific signal held: SDG 7 and the clean-energy transition.
- Governance readiness (20%) — Transparency International, Corruption Perceptions Index (0-100). ND-GAIN governance readiness: the capacity to govern and deploy climate finance. Higher is cleaner.
- Human readiness (20%) — UNDP, Human Development Index (0-1). ND-GAIN social readiness: the adaptive capacity of the population.
- Economic readiness (15%) — World Bank, GDP per capita (current US$), latest measured year. ND-GAIN economic readiness: the capacity to finance adaptation. Scored relative to the covered set.
- Digital readiness (15%) — World Bank, individuals using the Internet (% of population). Information systems for early warning and adaptation.
A country is scored only when at least 4 of the five indicators are held. Sub-scores are weighted and renormalised over the indicators that are present; nothing is estimated for one that is absent.