Gross value added at basic prices (GVA) in Eritrea
Eritrea: Gross value added at basic prices (GVA) was 1.80 billion current US$ in 2009. ▲ Rising
Gross value added at basic prices (GVA) in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Eritrea recorded 1.80 billion current US$ for gross value added at basic prices (gva) in 2009. That is the highest value across all 18 years on record.
That represents a change of up 35.5% on the previous year and up 186.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Eritrea peaked at 1.80 billion current US$ in 2009 and was at its lowest, 405.84 million current US$, in 1993.
That places Eritrea 185th out of 204 countries with data for 2009, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 547.83 million current US$ | 405.84 million current US$ | 682.39 million current US$ | 8 |
| 2000s | 1.04 billion current US$ | 658.73 million current US$ | 1.80 billion current US$ | 10 |
Countries ranked near Eritrea
- 182 Seychelles 2.03 billion current US$ compare
- 183 East Timor 1.93 billion current US$ compare
- 184 San Marino 1.88 billion current US$ compare
- 186 Comoros 1.72 billion current US$ compare
- 187 Solomon Islands 1.55 billion current US$ compare
- 188 Turks and Caicos Islands 1.44 billion current US$ compare
More economy & growth data for Eritrea
- External balance on goods and services as a percent of GDP -11.1% (2011)
- GDP per capita 751.38 constant 2015 US$ (2011)
- Share of manufacturing in gross domestic product (GDP) 5.5% (2009)
- Gross domestic product (GDP) 2.25 billion constant 2015 US$ (2011)
- GDP per capita in international and market dollars 751.38 constant 2015 US$ (2011)
- DEC alternative conversion factor 15.07 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.43 billion current LCU (2009)
- Net secondary income (Net current transfers from abroad) 353.00 million current US$ (2009)
- Taxes less subsidies on products 795.00 million current LCU (2009)
- Taxes less subsidies on products 51.71 million current US$ (2009)
Frequently asked questions
- What is gross value added at basic prices (gva) in Eritrea?
- Gross value added at basic prices (gva) in Eritrea was 1.80 billion current US$ in 2009, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Eritrea?
- The highest recorded value was 1.80 billion current US$ in 2009.
- What is the lowest gross value added at basic prices (gva) recorded in Eritrea?
- The lowest recorded value was 405.84 million current US$ in 1993.
- How does Eritrea rank for gross value added at basic prices (gva)?
- Eritrea ranks 185th out of 204 countries with data for 2009.
- Is gross value added at basic prices (gva) rising or falling in Eritrea?
- Over the last ten years it is up 186.9%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.