Industry (including construction), value added in Eritrea
Eritrea: Industry (including construction), value added was -0.2% in 2009. ◆ Volatile
Industry (including construction), value added in Eritrea, 1993–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Eritrea recorded -0.2% for industry (including construction), value added in 2009.
That represents a change of down 116.8% on the previous year and down 108.6% over ten years.
Over the whole period, industry (including construction), value added in Eritrea peaked at 43.4% in 1993 and was at its lowest, -9.0%, in 2005.
That places Eritrea 157th out of 199 countries with data for 2009, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Eritrea, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1993 | 43.4% | — |
| 1994 | 14.0% | -67.9% |
| 1995 | 21.2% | +52.0% |
| 1996 | 36.9% | +74.1% |
| 1997 | 19.8% | -46.5% |
| 1998 | -6.5% | -132.7% |
| 1999 | 2.8% | -143.5% |
| 2000 | -6.4% | -326.5% |
| 2001 | -8.3% | +30.4% |
| 2002 | 8.2% | -198.7% |
| 2003 | 13.6% | +66.4% |
| 2004 | 4.6% | -66.5% |
| 2005 | -9.0% | -297.0% |
| 2006 | -7.9% | -12.4% |
| 2007 | 1.7% | -122.0% |
| 2008 | 1.4% | -16.8% |
| 2009 | -0.2% | -116.8% |
Eritrea compared with similar countries
- Eritrea's -0.2% is below the median for low income countries, which is 3.7%. (23 countries reporting)
- Eritrea's -0.2% is below the median for Sub-Saharan Africa, which is 3.7%. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.8% | -6.5% | 43.4% | 7 |
| 2000s | -0.2% | -9.0% | 13.6% | 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is industry (including construction), value added in Eritrea?
- Industry (including construction), value added in Eritrea was -0.2% in 2009, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Eritrea?
- The highest recorded value was 43.4% in 1993.
- What is the lowest industry (including construction), value added recorded in Eritrea?
- The lowest recorded value was -9.0% in 2005.
- How does Eritrea rank for industry (including construction), value added?
- Eritrea ranks 157th out of 199 countries with data for 2009.
- Is industry (including construction), value added rising or falling in Eritrea?
- Over the last ten years it is down 108.6%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.