Financial and insurance activities (banking), value added in Eritrea
Eritrea: Financial and insurance activities (banking), value added was 68.31 million current US$ in 2009. ◆ Volatile
Financial and insurance activities (banking), value added in Eritrea, 1992–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Eritrea is 68.31 million current US$, measured in 2009. That is the highest value across all 15 years on record.
The figure is up 13.3% on the previous year and up 244.2% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Eritrea peaked at 68.31 million current US$ in 2009 and was at its lowest, 7.19 million current US$, in 1993.
Eritrea ranks 26th of 37 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.87 million current US$ | 7.19 million current US$ | 19.85 million current US$ | 8 |
| 2000s | 37.16 million current US$ | 19.32 million current US$ | 68.31 million current US$ | 7 |
Countries ranked near Eritrea
- 23 Democratic Republic of the Congo 75.63 million current US$
- 24 Madagascar 74.85 million current US$ compare
- 25 Togo 72.05 million current US$ compare
- 27 Malawi 51.32 million current US$
- 28 Seychelles 48.08 million current US$ compare
- 29 Gabon 40.93 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)
- Taxes less subsidies on products (current US$), annual growth rate 7.43 % change on previous year (2009)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0278 current US$ per US$ of GDP (2009)
- Taxes less subsidies on products (current US$), per capita 17.9 current US$ per person (2009)
- Taxes less subsidies on products (current LCU), annual growth rate 7.43 % change on previous year (2009)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.4282 current LCU per US$ of GDP (2009)
- Taxes less subsidies on products (current LCU), per capita 275.29 current LCU per person (2009)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0484 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 20.65 (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Eritrea?
- Financial and insurance activities (banking), value added in Eritrea was 68.31 million current US$ in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Eritrea?
- The highest recorded value was 68.31 million current US$ in 2009.
- What is the lowest financial and insurance activities (banking), value added recorded in Eritrea?
- The lowest recorded value was 7.19 million current US$ in 1993.
- How does Eritrea rank for financial and insurance activities (banking), value added?
- Eritrea ranks 26th out of 37 countries with data for 2009.
- Is financial and insurance activities (banking), value added rising or falling in Eritrea?
- Over the last ten years it is up 244.2%. 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 Financial and insurance activities (banking), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in current U.S. dollars.