Gross value added at basic prices (GVA) (constant LCU), per unit of in Eritrea
Eritrea: Gross value added at basic prices (GVA) (constant LCU), per unit of was 3.86 constant LCU per US$ of GDP in 2009. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per unit of in Eritrea, 1992–2009
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Eritrea recorded 3.86 constant LCU per US$ of GDP for gross value added at basic prices (gva) (constant lcu), per unit of in 2009. That is the lowest value across all 18 years on record.
Compared with earlier readings it is down 23.2% on the previous year and down 57.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), per unit of in Eritrea peaked at 10.01 constant LCU per US$ of GDP in 2002 and was at its lowest, 3.86 constant LCU per US$ of GDP, in 2009.
Eritrea ranks 106th of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Gross value added at basic prices (GVA) (constant LCU), per unit of in Eritrea, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1992 | 7.45 constant LCU per US$ of GDP | — |
| 1993 | 8.05 constant LCU per US$ of GDP | +8.1% |
| 1994 | 9.28 constant LCU per US$ of GDP | +15.3% |
| 1995 | 8.76 constant LCU per US$ of GDP | -5.6% |
| 1996 | 8.04 constant LCU per US$ of GDP | -8.2% |
| 1997 | 8.66 constant LCU per US$ of GDP | +7.7% |
| 1998 | 8.48 constant LCU per US$ of GDP | -2.1% |
| 1999 | 9.13 constant LCU per US$ of GDP | +7.7% |
| 2000 | 9.02 constant LCU per US$ of GDP | -1.2% |
| 2001 | 9.49 constant LCU per US$ of GDP | +5.2% |
| 2002 | 10.01 constant LCU per US$ of GDP | +5.4% |
| 2003 | 8.2 constant LCU per US$ of GDP | -18.0% |
| 2004 | 6.54 constant LCU per US$ of GDP | -20.2% |
| 2005 | 6.85 constant LCU per US$ of GDP | +4.6% |
| 2006 | 6.17 constant LCU per US$ of GDP | -9.8% |
| 2007 | 5.78 constant LCU per US$ of GDP | -6.3% |
| 2008 | 5.02 constant LCU per US$ of GDP | -13.1% |
| 2009 | 3.86 constant LCU per US$ of GDP | -23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.48 constant LCU per US$ of GDP | 7.45 constant LCU per US$ of GDP | 9.28 constant LCU per US$ of GDP | 8 |
| 2000s | 7.1 constant LCU per US$ of GDP | 3.86 constant LCU per US$ of GDP | 10.01 constant LCU per US$ of GDP | 10 |
Countries ranked near Eritrea
- 103 Greenland 4.9 constant LCU per US$ of GDP compare
- 104 Guatemala 4.82 constant LCU per US$ of GDP compare
- 105 Sao Tome and Principe 4.1 constant LCU per US$ of GDP
- 107 Saudi Arabia 3.64 constant LCU per US$ of GDP compare
- 108 Malaysia 3.63 constant LCU per US$ of GDP
- 109 Qatar 3.4 constant LCU per US$ of GDP 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 14.95 current LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current LCU), per capita 9,610 current LCU per person (2009)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.29 % change on previous year (2009)
- Gross value added at basic prices (GVA) (constant LCU), per capita 2,480 constant LCU per person (2009)
- GDP (current US$), annual growth rate 29.91 % change on previous year (2011)
- GDP (current US$), per capita 688.68 current US$ per person (2011)
- GDP (current LCU), annual growth rate 29.91 % change on previous year (2011)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per unit of in Eritrea?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Eritrea was 3.86 constant LCU per US$ of GDP in 2009, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Eritrea?
- The highest recorded value was 10.01 constant LCU per US$ of GDP in 2002.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Eritrea?
- The lowest recorded value was 3.86 constant LCU per US$ of GDP in 2009.
- How does Eritrea rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Eritrea ranks 106th out of 196 countries with data for 2009.
- Is gross value added at basic prices (gva) (constant lcu), per unit of rising or falling in Eritrea?
- Over the last ten years it is down 57.7%. The long-run trend across the full record is falling.
- 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.