Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Eritrea
Eritrea: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 14.95 current LCU per US$ of GDP in 2009. ▲ Rising
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Eritrea, 1992–2009
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Eritrea recorded 14.95 current LCU per US$ of GDP for gross value added at basic prices (gva) (current lcu), per unit of gdp in 2009. That is the highest value across all 18 years on record.
That represents a change of up 0.7% on the previous year and up 100.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in Eritrea peaked at 14.95 current LCU per US$ of GDP in 2009 and was at its lowest, 4.1 current LCU per US$ of GDP, in 1992.
That places Eritrea 98th out of 205 countries with data for 2009, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Eritrea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1992 | 4.1 current LCU per US$ of GDP | — |
| 1993 | 4.54 current LCU per US$ of GDP | +10.6% |
| 1994 | 5.54 current LCU per US$ of GDP | +22.1% |
| 1995 | 5.75 current LCU per US$ of GDP | +3.8% |
| 1996 | 5.73 current LCU per US$ of GDP | -0.3% |
| 1997 | 6.45 current LCU per US$ of GDP | +12.6% |
| 1998 | 6.74 current LCU per US$ of GDP | +4.4% |
| 1999 | 7.45 current LCU per US$ of GDP | +10.5% |
| 2000 | 9.02 current LCU per US$ of GDP | +21.1% |
| 2001 | 10.55 current LCU per US$ of GDP | +17.0% |
| 2002 | 12.61 current LCU per US$ of GDP | +19.4% |
| 2003 | 12.75 current LCU per US$ of GDP | +1.1% |
| 2004 | 12.68 current LCU per US$ of GDP | -0.6% |
| 2005 | 14.35 current LCU per US$ of GDP | +13.2% |
| 2006 | 14.49 current LCU per US$ of GDP | +1.0% |
| 2007 | 14.7 current LCU per US$ of GDP | +1.5% |
| 2008 | 14.84 current LCU per US$ of GDP | +1.0% |
| 2009 | 14.95 current LCU per US$ of GDP | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.79 current LCU per US$ of GDP | 4.1 current LCU per US$ of GDP | 7.45 current LCU per US$ of GDP | 8 |
| 2000s | 13.09 current LCU per US$ of GDP | 9.02 current LCU per US$ of GDP | 14.95 current LCU per US$ of GDP | 10 |
Countries ranked near Eritrea
- 95 Namibia 16.26 current LCU per US$ of GDP compare
- 96 South Africa 16.1 current LCU per US$ of GDP compare
- 97 Lesotho 15.61 current LCU per US$ of GDP compare
- 99 Moldova 14.9 current LCU per US$ of GDP compare
- 100 Maldives 12.92 current LCU per US$ of GDP compare
- 101 Botswana 12.73 current 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 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), per unit of gdp in Eritrea?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in Eritrea was 14.95 current LCU per US$ of GDP in 2009, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Eritrea?
- The highest recorded value was 14.95 current LCU per US$ of GDP in 2009.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 4.1 current LCU per US$ of GDP in 1992.
- How does Eritrea rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Eritrea ranks 98th out of 205 countries with data for 2009.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is up 100.8%. The long-run trend across the full record is rising.
- 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), 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) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- 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) (current 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.