Gross value added at basic prices (GVA) in Eritrea
Eritrea: Gross value added at basic prices (GVA) was 7.16 billion constant LCU in 2009. ▲ Rising
Gross value added at basic prices (GVA) in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Eritrea recorded 7.16 billion constant LCU for gross value added at basic prices (gva) in 2009.
The figure is up 3.3% on the previous year and up 13.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Eritrea peaked at 7.62 billion constant LCU in 2007 and was at its lowest, 3.55 billion constant LCU, in 1992.
That places Eritrea 170th out of 197 countries with data for 2009, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.18 billion constant LCU | 3.55 billion constant LCU | 6.32 billion constant LCU | 8 |
| 2000s | 7.19 billion constant LCU | 6.37 billion constant LCU | 7.62 billion constant LCU | 10 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Exports of goods and services 575.7% (2011)
- Gross national expenditure 43.63 billion current LCU (2011)
- Industry (including construction), value added 21.8% (2009)
- Gross national expenditure 137.4% (2011)
- Exports of goods and services 374.90 million current US$ (2011)
- Exports of goods and services 5.76 billion current LCU (2011)
- Industry (including construction), value added -0.2% (2009)
- Gross fixed capital formation 260.73 million current US$ (2011)
- Industry (including construction), value added 6.23 billion current LCU (2009)
- Gross national expenditure 2.84 billion current US$ (2011)
Frequently asked questions
- What is gross value added at basic prices (gva) in Eritrea?
- Gross value added at basic prices (gva) in Eritrea was 7.16 billion constant LCU in 2009, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Eritrea?
- The highest recorded value was 7.62 billion constant LCU in 2007.
- What is the lowest gross value added at basic prices (gva) recorded in Eritrea?
- The lowest recorded value was 3.55 billion constant LCU in 1992.
- How does Eritrea rank for gross value added at basic prices (gva)?
- Eritrea ranks 170th out of 197 countries with data for 2009.
- Is gross value added at basic prices (gva) rising or falling in Eritrea?
- Over the last ten years it is up 13.9%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.