Industry (including construction), value added in Eritrea
Eritrea: Industry (including construction), value added was 405.12 million current US$ in 2009. ◆ Volatile
Industry (including construction), value added in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Eritrea recorded 405.12 million current US$ for industry (including construction), value added in 2009. That is the highest value across all 18 years on record.
The figure is up 13.3% on the previous year and up 181.7% over ten years.
Over the whole period, industry (including construction), value added in Eritrea peaked at 405.12 million current US$ in 2009 and was at its lowest, 51.34 million current US$, in 1992.
That places Eritrea 184th out of 208 countries with data for 2009, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 104.12 million current US$ | 51.34 million current US$ | 144.03 million current US$ | 8 |
| 2000s | 226.40 million current US$ | 135.34 million current US$ | 405.12 million current US$ | 10 |
Countries ranked near Eritrea
- 181 Antigua and Barbuda 424.89 million current US$ compare
- 182 Gambia 410.59 million current US$ compare
- 183 Aruba 406.05 million current US$ compare
- 185 Guinea-Bissau 398.00 million current US$ compare
- 186 Solomon Islands 370.21 million current US$ compare
- 187 Seychelles 342.54 million 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)
- Inflation, GDP deflator 19.5% (2011)
- 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 1.33 billion constant LCU (2009)
- Gross fixed capital formation 260.73 million current US$ (2011)
- Industry (including construction), value added -0.2% (2009)
- Gross national expenditure 2.84 billion current US$ (2011)
Frequently asked questions
- What is industry (including construction), value added in Eritrea?
- Industry (including construction), value added in Eritrea was 405.12 million current US$ in 2009, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Eritrea?
- The highest recorded value was 405.12 million current US$ in 2009.
- What is the lowest industry (including construction), value added recorded in Eritrea?
- The lowest recorded value was 51.34 million current US$ in 1992.
- How does Eritrea rank for industry (including construction), value added?
- Eritrea ranks 184th out of 208 countries with data for 2009.
- Is industry (including construction), value added rising or falling in Eritrea?
- Over the last ten years it is up 181.7%. 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 Offices (NSOs), published as part of Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.