Gross value added at basic prices (GVA) … constant annual growth rate in Eritrea
Eritrea: Gross value added at basic prices (GVA) … constant annual growth rate was 3.29 % change on previous year in 2009. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Eritrea, 1993–2009
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), annual growth in Eritrea is 3.29 % change on previous year, measured in 2009.
The figure is up 136.4% on the previous year and up 811.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Eritrea peaked at 30.98 % change on previous year in 1994 and was at its lowest, -9.04 % change on previous year, in 2008.
That places Eritrea 92nd out of 195 countries with data for 2009, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) … constant annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 6.05 % change on previous year | — |
| 1994 | 30.98 % change on previous year | +412.0% |
| 1995 | 2.65 % change on previous year | -91.5% |
| 1996 | 10.13 % change on previous year | +282.9% |
| 1997 | 6.59 % change on previous year | -34.9% |
| 1998 | 6.27 % change on previous year | -4.8% |
| 1999 | -0.4627 % change on previous year | -107.4% |
| 2000 | 1.29 % change on previous year | -379.5% |
| 2001 | 12.1 % change on previous year | +835.6% |
| 2002 | 2.19 % change on previous year | -81.9% |
| 2003 | -2.2 % change on previous year | -200.0% |
| 2004 | 1.67 % change on previous year | -176.3% |
| 2005 | 3.61 % change on previous year | +115.3% |
| 2006 | -0.5624 % change on previous year | -115.6% |
| 2007 | 1.95 % change on previous year | -447.1% |
| 2008 | -9.04 % change on previous year | -563.1% |
| 2009 | 3.29 % change on previous year | -136.4% |
Eritrea compared with similar countries
- Eritrea's 3.29 % change on previous year is below the median for low income countries, which is 4.82 % change on previous year, 68% of the median. (22 countries reporting)
- Eritrea's 3.29 % change on previous year is below the median for Sub-Saharan Africa, which is 4.71 % change on previous year, 70% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.89 % change on previous year | -0.4627 % change on previous year | 30.98 % change on previous year | 7 |
| 2000s | 1.43 % change on previous year | -9.04 % change on previous year | 12.1 % change on previous year | 10 |
Countries ranked near Eritrea
- 89 Argentina 3.48 % change on previous year compare
- 90 North Macedonia 3.46 % change on previous year compare
- 91 Bahamas 3.32 % change on previous year compare
- 93 Peru 3.21 % change on previous year compare
- 94 Fiji 3.19 % change on previous year compare
- 95 Turkey 3.19 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0118 units per US$ of GDP (2011)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Eritrea?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Eritrea was 3.29 % change on previous year in 2009, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Eritrea?
- The highest recorded value was 30.98 % change on previous year in 1994.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Eritrea?
- The lowest recorded value was -9.04 % change on previous year in 2008.
- How does Eritrea rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Eritrea ranks 92nd out of 195 countries with data for 2009.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Eritrea?
- Over the last ten years it is up 811.5%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.