Discrepancy in GDP, value added in Eritrea
Eritrea: Discrepancy in GDP, value added was -77.30 million current LCU in 2009. ◆ Volatile
Discrepancy in GDP, value added in Eritrea, 1992–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
The most recent figure for discrepancy in gdp, value added in Eritrea is -77.30 million current LCU, measured in 2009.
The figure is up 98.1% on the previous year and up 77.0% over ten years.
Over the whole period, discrepancy in gdp, value added in Eritrea peaked at 505.83 million current LCU in 2006 and was at its lowest, -4.09 billion current LCU, in 2008.
Eritrea ranks 42nd of 51 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in GDP, value added in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 203.20 million current LCU | — |
| 1993 | -140.50 million current LCU | -169.1% |
| 1994 | -14.80 million current LCU | -89.5% |
| 1995 | -16.60 million current LCU | +12.2% |
| 1996 | 100,000 current LCU | -100.6% |
| 1997 | -19.20 million current LCU | -19300.0% |
| 1998 | -20.80 million current LCU | +8.3% |
| 1999 | -335.50 million current LCU | +1513.0% |
| 2000 | 0 current LCU | -100.0% |
| 2001 | 158.98 million current LCU | — |
| 2002 | 248.52 million current LCU | +56.3% |
| 2003 | 0 current LCU | -100.0% |
| 2004 | 0 current LCU | — |
| 2005 | 0 current LCU | — |
| 2006 | 505.83 million current LCU | — |
| 2007 | 212.77 million current LCU | -57.9% |
| 2008 | -4.09 billion current LCU | -2022.7% |
| 2009 | -77.30 million current LCU | -98.1% |
Eritrea compared with similar countries
- Eritrea's -77.30 million current LCU is below the median for Sub-Saharan Africa, which is 0.0021 current LCU. (46 countries reporting)
Biggest year-on-year movements
Years where Discrepancy in GDP, value added in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | -19300.0% | 100,000 current LCU | -19.20 million current LCU |
| 2008 | -2022.7% | 212.77 million current LCU | -4.09 billion current LCU |
| 1999 | -1513.0% | -20.80 million current LCU | -335.50 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -43.01 million current LCU | -335.50 million current LCU | 203.20 million current LCU | 8 |
| 2000s | -304.21 million current LCU | -4.09 billion current LCU | 505.83 million current LCU | 10 |
Countries ranked near Eritrea
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 discrepancy in gdp, value added in Eritrea?
- Discrepancy in gdp, value added in Eritrea was -77.30 million current LCU in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest discrepancy in gdp, value added recorded in Eritrea?
- The highest recorded value was 505.83 million current LCU in 2006.
- What is the lowest discrepancy in gdp, value added recorded in Eritrea?
- The lowest recorded value was -4.09 billion current LCU in 2008.
- How does Eritrea rank for discrepancy in gdp, value added?
- Eritrea ranks 42nd out of 51 countries with data for 2009.
- Is discrepancy in gdp, value added rising or falling in Eritrea?
- Over the last ten years it is up 77.0%. 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 Discrepancy in GDP, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
This is the discrepancy included in the value added of services, etc. Covered here are any discrepancies noted by national compilers as well as discrepancies arising from linking new and old series in the World Bank data base. Data are in current local currency.