Eritrea, located in the Horn of Africa, has a population of approximately 3.7 million people. The nation’s GDP is estimated at around $2.3 billion, with a per capita income of approximately $620. Eritrea’s economy is primarily driven by agriculture, which employs a significant portion of its population, and mining, particularly gold and copper. Efforts to develop the energy and tourism sectors are also underway, reflecting the government’s focus on diversifying the economy.
Despite challenges, Eritrea’s strategic location along the Red Sea and its natural resource wealth provide opportunities for growth, particularly with continued investment in infrastructure and trade.