Manufacturing, value added in Eritrea
Eritrea: Manufacturing, value added was 361.55 million constant LCU in 2009. ▼ Falling
Manufacturing, value added in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2009, manufacturing, value added in Eritrea stood at 361.55 million constant LCU.
The figure is down 0.4% on the previous year and down 51.4% over ten years.
Over the whole period, manufacturing, value added in Eritrea peaked at 744.32 million constant LCU in 1999 and was at its lowest, 323.72 million constant LCU, in 1992.
That places Eritrea 166th out of 191 countries with data for 2009, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 547.73 million constant LCU | 323.72 million constant LCU | 744.32 million constant LCU | 8 |
| 2000s | 516.38 million constant LCU | 361.55 million constant LCU | 675.92 million constant LCU | 10 |
Countries ranked near Eritrea
- 163 Greenland 524.90 million constant LCU compare
- 164 Tajikistan 499.99 million constant LCU compare
- 165 San Marino 449.96 million constant LCU compare
- 167 Belize 355.75 million constant LCU compare
- 168 Saint Lucia 181.80 million constant LCU compare
- 169 Montenegro 178.06 million constant 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)
- 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 manufacturing, value added in Eritrea?
- Manufacturing, value added in Eritrea was 361.55 million constant LCU in 2009, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Eritrea?
- The highest recorded value was 744.32 million constant LCU in 1999.
- What is the lowest manufacturing, value added recorded in Eritrea?
- The lowest recorded value was 323.72 million constant LCU in 1992.
- How does Eritrea rank for manufacturing, value added?
- Eritrea ranks 166th out of 191 countries with data for 2009.
- Is manufacturing, value added rising or falling in Eritrea?
- Over the last ten years it is down 51.4%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 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.