Gross value added at basic prices … current LCU annual growth rate in Eritrea
Eritrea: Gross value added at basic prices … current LCU annual growth rate 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 … current LCU annual growth rate 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% |
Eritrea compared with similar countries
- Eritrea's 35.5 % change on previous year is above the median for low income countries, which is 14.21 % change on previous year, 2.5× the median. (23 countries reporting)
- Eritrea's 35.5 % change on previous year is above the median for Sub-Saharan Africa, which is 9.86 % change on previous year, 3.6× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices … current LCU annual growth rate 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 |
|---|---|---|---|
| 2000 | +1055.4% | 2.1 % change on previous year | 24.22 % change on previous year |
| 2009 | +520.5% | 5.72 % change on previous year | 35.5 % change on previous year |
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)
- 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) (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.
Download this data
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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.