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 154th out of 196 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.
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
- 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 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 154th out of 196 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.