Industry (including construction), value added (constant LCU) in Eritrea
Eritrea: Industry (including construction), value added (constant LCU) was 1.33 billion constant LCU in 2009. ▲ Rising
Industry (including construction), value added in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for industry (including construction), value added in Eritrea is 1.33 billion constant LCU, measured in 2009.
That represents a change of down 0.2% on the previous year and down 4.7% over ten years.
Over the whole period, industry (including construction), value added in Eritrea peaked at 1.54 billion constant LCU in 2004 and was at its lowest, 445.27 million constant LCU, in 1992.
That places Eritrea 173rd out of 200 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.
Industry (including construction), value added (constant LCU) in Eritrea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1992 | 445.27 million constant LCU | — |
| 1993 | 638.67 million constant LCU | +43.4% |
| 1994 | 727.80 million constant LCU | +14.0% |
| 1995 | 882.22 million constant LCU | +21.2% |
| 1996 | 1.21 billion constant LCU | +36.9% |
| 1997 | 1.45 billion constant LCU | +19.8% |
| 1998 | 1.35 billion constant LCU | -6.5% |
| 1999 | 1.39 billion constant LCU | +2.8% |
| 2000 | 1.30 billion constant LCU | -6.4% |
| 2001 | 1.19 billion constant LCU | -8.3% |
| 2002 | 1.29 billion constant LCU | +8.2% |
| 2003 | 1.47 billion constant LCU | +13.6% |
| 2004 | 1.54 billion constant LCU | +4.6% |
| 2005 | 1.40 billion constant LCU | -9.0% |
| 2006 | 1.29 billion constant LCU | -7.9% |
| 2007 | 1.31 billion constant LCU | +1.7% |
| 2008 | 1.33 billion constant LCU | +1.4% |
| 2009 | 1.33 billion constant LCU | -0.2% |
Eritrea compared with similar countries
- Eritrea's 1.33 billion constant LCU is below the median for low income countries, which is 268.01 billion constant LCU, 0% of the median. (23 countries reporting)
- Eritrea's 1.33 billion constant LCU is below the median for Sub-Saharan Africa, which is 857.07 billion constant LCU, 0% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.01 billion constant LCU | 445.27 million constant LCU | 1.45 billion constant LCU | 8 |
| 2000s | 1.34 billion constant LCU | 1.19 billion constant LCU | 1.54 billion constant LCU | 10 |
Countries ranked near Eritrea
- 170 Solomon Islands 1.83 billion constant LCU compare
- 171 Fiji 1.75 billion constant LCU compare
- 172 Bahamas 1.49 billion constant LCU compare
- 174 Antigua and Barbuda 997.17 million constant LCU compare
- 175 Liberia 851.00 million constant LCU compare
- 176 Channel Islands 827.20 million constant LCU
More economy & growth data for Eritrea
- Real gdp growth, annual growth rate -70.56 % change on previous year (2019)
- 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)
Frequently asked questions
- What is industry (including construction), value added in Eritrea?
- Industry (including construction), value added in Eritrea was 1.33 billion constant LCU 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 1.54 billion constant LCU in 2004.
- What is the lowest industry (including construction), value added recorded in Eritrea?
- The lowest recorded value was 445.27 million constant LCU in 1992.
- How does Eritrea rank for industry (including construction), value added?
- Eritrea ranks 173rd out of 200 countries with data for 2009.
- Is industry (including construction), value added rising or falling in Eritrea?
- Over the last ten years it is down 4.7%. 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 Industry (including construction), value added (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.