Construction, value added in Eritrea
Eritrea: Construction, value added was 277.22 million current US$ in 2009. ◆ Volatile
Construction, value added in Eritrea, 1992–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
Eritrea recorded 277.22 million current US$ for 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 281.9% over ten years.
Over the whole period, construction, value added in Eritrea peaked at 277.22 million current US$ in 2009 and was at its lowest, 10.63 million current US$, in 1992.
Eritrea ranks 30th of 52 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Construction, value added in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 10.63 million current US$ | — |
| 1993 | 21.76 million current US$ | +104.8% |
| 1994 | 25.67 million current US$ | +17.9% |
| 1995 | 34.28 million current US$ | +33.6% |
| 1996 | 64.44 million current US$ | +88.0% |
| 1997 | 70.45 million current US$ | +9.3% |
| 1998 | 71.73 million current US$ | +1.8% |
| 1999 | 72.59 million current US$ | +1.2% |
| 2000 | 62.03 million current US$ | -14.6% |
| 2001 | 64.90 million current US$ | +4.6% |
| 2002 | 66.32 million current US$ | +2.2% |
| 2003 | 82.87 million current US$ | +24.9% |
| 2004 | 110.83 million current US$ | +33.7% |
| 2005 | 136.50 million current US$ | +23.2% |
| 2006 | 133.28 million current US$ | -2.4% |
| 2007 | 164.79 million current US$ | +23.6% |
| 2008 | 244.75 million current US$ | +48.5% |
| 2009 | 277.22 million current US$ | +13.3% |
Eritrea compared with similar countries
- Eritrea's 277.22 million current US$ is above the median for low income countries, which is 160.42 million current US$, 1.7× the median. (20 countries reporting)
- Eritrea's 277.22 million current US$ is below the median for Sub-Saharan Africa, which is 300.18 million current US$, 92% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.44 million current US$ | 10.63 million current US$ | 72.59 million current US$ | 8 |
| 2000s | 134.35 million current US$ | 62.03 million current US$ | 277.22 million current US$ | 10 |
Countries ranked near Eritrea
- 27 Burkina Faso 340.46 million current US$ compare
- 28 Gabon 322.41 million current US$ compare
- 29 Benin 277.95 million current US$ compare
- 31 Mozambique 229.73 million current US$ compare
- 32 Mauritania 216.98 million current US$ compare
- 33 Chad 170.83 million current US$ compare
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is construction, value added in Eritrea?
- Construction, value added in Eritrea was 277.22 million current US$ in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest construction, value added recorded in Eritrea?
- The highest recorded value was 277.22 million current US$ in 2009.
- What is the lowest construction, value added recorded in Eritrea?
- The lowest recorded value was 10.63 million current US$ in 1992.
- How does Eritrea rank for construction, value added?
- Eritrea ranks 30th out of 52 countries with data for 2009.
- Is construction, value added rising or falling in Eritrea?
- Over the last ten years it is up 281.9%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Construction, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in construction is defined as the value of output of the construction industry less the value of intermediate consumption (intermediate inputs). Construction is a subset of industry (ISIC 45). Data are in current U.S. dollars.