Gross value added at basic prices (GVA) in Eritrea
Eritrea: Gross value added at basic prices (GVA) was 1.80 billion current US$ in 2009. ▲ Rising
Gross value added at basic prices (GVA) in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Eritrea recorded 1.80 billion current US$ 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 186.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Eritrea peaked at 1.80 billion current US$ in 2009 and was at its lowest, 405.84 million current US$, in 1993.
That places Eritrea 187th out of 206 countries with data for 2009, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 547.83 million current US$ | 405.84 million current US$ | 682.39 million current US$ | 8 |
| 2000s | 1.04 billion current US$ | 658.73 million current US$ | 1.80 billion current US$ | 10 |
Countries ranked near Eritrea
- 184 Seychelles 2.03 billion current US$ compare
- 185 East Timor 1.93 billion current US$ compare
- 186 San Marino 1.88 billion current US$ compare
- 188 Comoros 1.72 billion current US$ compare
- 189 Solomon Islands 1.55 billion current US$ compare
- 190 Turks and Caicos Islands 1.44 billion current US$ 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 1.80 billion current US$ 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 1.80 billion current US$ in 2009.
- What is the lowest gross value added at basic prices (gva) recorded in Eritrea?
- The lowest recorded value was 405.84 million current US$ in 1993.
- How does Eritrea rank for gross value added at basic prices (gva)?
- Eritrea ranks 187th 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 186.9%. 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) (current US$). 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 indicator is expressed in United States dollars.