Gross value added at basic prices (GVA) in Eritrea
Eritrea: Gross value added at basic prices (GVA) was 27.75 billion current LCU in 2009. ◆ Volatile
Gross value added at basic prices (GVA) in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Eritrea recorded 27.75 billion current LCU for gross value added at basic prices (gva) in 2009. That is the highest value across all 18 years on record.
That represents a change of up 35.5% on the previous year and up 441.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Eritrea peaked at 27.75 billion current LCU in 2009 and was at its lowest, 1.96 billion current LCU, in 1992.
That places Eritrea 164th out of 206 countries with data for 2009, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.61 billion current LCU | 1.96 billion current LCU | 5.13 billion current LCU | 8 |
| 2000s | 14.96 billion current LCU | 6.37 billion current LCU | 27.75 billion current LCU | 10 |
Countries ranked near Eritrea
- 161 Cyprus 32.51 billion current LCU compare
- 162 El Salvador 32.21 billion current LCU compare
- 163 Seychelles 29.84 billion current LCU compare
- 165 Faroe Islands 24.64 billion current LCU compare
- 166 Malta 22.58 billion current LCU compare
- 167 Greenland 22.00 billion current LCU compare
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 27.75 billion current LCU in 2009, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Eritrea?
- The highest recorded value was 27.75 billion current LCU in 2009.
- What is the lowest gross value added at basic prices (gva) recorded in Eritrea?
- The lowest recorded value was 1.96 billion current LCU in 1992.
- How does Eritrea rank for gross value added at basic prices (gva)?
- Eritrea ranks 164th out of 206 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 441.1%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.