Industry (including construction), value added in Eritrea
Eritrea: Industry (including construction), value added was 405.12 million current US$ in 2009. ◆ Volatile
Industry (including construction), value added in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Eritrea recorded 405.12 million current US$ for industry (including construction), value added in 2009. That is the highest value across all 18 years on record.
The figure is up 13.3% on the previous year and up 181.7% over ten years.
Over the whole period, industry (including construction), value added in Eritrea peaked at 405.12 million current US$ in 2009 and was at its lowest, 51.34 million current US$, in 1992.
That places Eritrea 185th out of 209 countries with data for 2009, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 51.34 million current US$ | — |
| 1993 | 63.68 million current US$ | +24.0% |
| 1994 | 68.05 million current US$ | +6.9% |
| 1995 | 87.19 million current US$ | +28.1% |
| 1996 | 131.12 million current US$ | +50.4% |
| 1997 | 144.03 million current US$ | +9.8% |
| 1998 | 143.74 million current US$ | -0.2% |
| 1999 | 143.81 million current US$ | +0.0% |
| 2000 | 135.34 million current US$ | -5.9% |
| 2001 | 139.44 million current US$ | +3.0% |
| 2002 | 139.84 million current US$ | +0.3% |
| 2003 | 171.41 million current US$ | +22.6% |
| 2004 | 217.52 million current US$ | +26.9% |
| 2005 | 224.76 million current US$ | +3.3% |
| 2006 | 219.86 million current US$ | -2.2% |
| 2007 | 252.99 million current US$ | +15.1% |
| 2008 | 357.67 million current US$ | +41.4% |
| 2009 | 405.12 million current US$ | +13.3% |
Eritrea compared with similar countries
- Eritrea's 405.12 million current US$ is below the median for low income countries, which is 3.79 billion current US$, 11% of the median. (24 countries reporting)
- Eritrea's 405.12 million current US$ is below the median for Sub-Saharan Africa, which is 4.81 billion current US$, 8% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 104.12 million current US$ | 51.34 million current US$ | 144.03 million current US$ | 8 |
| 2000s | 226.40 million current US$ | 135.34 million current US$ | 405.12 million current US$ | 10 |
Countries ranked near Eritrea
- 182 Antigua and Barbuda 424.89 million current US$ compare
- 183 Gambia 410.59 million current US$ compare
- 184 Aruba 406.05 million current US$ compare
- 186 Guinea-Bissau 398.00 million current US$ compare
- 187 Solomon Islands 370.21 million current US$ compare
- 188 Seychelles 342.54 million current US$ 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)
- 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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is industry (including construction), value added in Eritrea?
- Industry (including construction), value added in Eritrea was 405.12 million current US$ 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 405.12 million current US$ in 2009.
- What is the lowest industry (including construction), value added recorded in Eritrea?
- The lowest recorded value was 51.34 million current US$ in 1992.
- How does Eritrea rank for industry (including construction), value added?
- Eritrea ranks 185th out of 209 countries with data for 2009.
- Is industry (including construction), value added rising or falling in Eritrea?
- Over the last ten years it is up 181.7%. 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.