Gross value added at basic prices (GVA) (current LCU), annual growth in Eritrea
Eritrea: Gross value added at basic prices (GVA) (current LCU), annual growth was 35.5 % change on previous year in 2009. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Eritrea, 1993–2009
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2009, gross value added at basic prices (gva) (current lcu), annual growth in Eritrea stood at 35.5 % change on previous year.
That represents a change of up 520.5% on the previous year and up 1,593.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Eritrea peaked at 38.79 % change on previous year in 1994 and was at its lowest, 2.1 % change on previous year, in 1999.
That places Eritrea 7th out of 205 countries with data for 2009, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 8.43 % change on previous year | — |
| 1994 | 38.79 % change on previous year | +360.1% |
| 1995 | 12.84 % change on previous year | -66.9% |
| 1996 | 19.62 % change on previous year | +52.9% |
| 1997 | 11.46 % change on previous year | -41.6% |
| 1998 | 13.37 % change on previous year | +16.7% |
| 1999 | 2.1 % change on previous year | -84.3% |
| 2000 | 24.22 % change on previous year | +1055.4% |
| 2001 | 24.64 % change on previous year | +1.7% |
| 2002 | 15.79 % change on previous year | -35.9% |
| 2003 | 20.69 % change on previous year | +31.1% |
| 2004 | 26.68 % change on previous year | +28.9% |
| 2005 | 12.1 % change on previous year | -54.7% |
| 2006 | 11.34 % change on previous year | -6.2% |
| 2007 | 10.41 % change on previous year | -8.2% |
| 2008 | 5.72 % change on previous year | -45.0% |
| 2009 | 35.5 % change on previous year | +520.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.23 % change on previous year | 2.1 % change on previous year | 38.79 % change on previous year | 7 |
| 2000s | 18.71 % change on previous year | 5.72 % change on previous year | 35.5 % change on previous year | 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)
- 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 unit of 3.86 constant LCU per US$ of GDP (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) (current lcu), annual growth in Eritrea?
- Gross value added at basic prices (gva) (current lcu), annual growth in Eritrea was 35.5 % change on previous year in 2009, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Eritrea?
- The highest recorded value was 38.79 % change on previous year in 1994.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Eritrea?
- The lowest recorded value was 2.1 % change on previous year in 1999.
- How does Eritrea rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Eritrea ranks 7th out of 205 countries with data for 2009.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Eritrea?
- Over the last ten years it is up 1,593.8%. 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) (current 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) (current 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 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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.