Manufacturing, value added in Eritrea
Eritrea: Manufacturing, value added was 101.98 million current US$ in 2009. ▲ Rising
Manufacturing, value added in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2009, manufacturing, value added in Eritrea stood at 101.98 million current US$. That is the highest value across all 18 years on record.
The figure is up 13.3% on the previous year and up 61.4% over ten years.
Over the whole period, manufacturing, value added in Eritrea peaked at 101.98 million current US$ in 2009 and was at its lowest, 35.21 million current US$, in 1992.
Eritrea ranks 176th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 51.08 million current US$ | 35.21 million current US$ | 65.86 million current US$ | 8 |
| 2000s | 78.53 million current US$ | 65.75 million current US$ | 101.98 million current US$ | 10 |
Countries ranked near Eritrea
- 173 Seychelles 129.09 million current US$ compare
- 174 Andorra 126.39 million current US$ compare
- 175 Curacao 103.98 million current US$ compare
- 178 Bahamas 99.70 million current US$ compare
- 179 Saint Lucia 95.00 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 manufacturing, value added in Eritrea?
- Manufacturing, value added in Eritrea was 101.98 million current US$ 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 101.98 million current US$ in 2009.
- What is the lowest manufacturing, value added recorded in Eritrea?
- The lowest recorded value was 35.21 million current US$ in 1992.
- How does Eritrea rank for manufacturing, value added?
- Eritrea ranks 176th out of 204 countries with data for 2009.
- Is manufacturing, value added rising or falling in Eritrea?
- Over the last ten years it is up 61.4%. 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 Manufacturing, value added (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.