Machinery and transport equipment in Eritrea
Eritrea: Machinery and transport equipment was 0.5% in 2011. ◆ Volatile
Machinery and transport equipment in Eritrea, 1992–2011
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2011, machinery and transport equipment in Eritrea stood at 0.5%.
The figure is up 61.2% on the previous year and down 71.8% over ten years.
Over the whole period, machinery and transport equipment in Eritrea peaked at 4.2% in 2006 and was at its lowest, 0.3%, in 2010.
That places Eritrea 137th out of 149 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Machinery and transport equipment in Eritrea, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1992 | 1.8% | — |
| 1993 | 1.6% | -8.6% |
| 1994 | 0.9% | -42.7% |
| 1995 | 0.7% | -23.8% |
| 1996 | 0.6% | -20.4% |
| 1997 | 0.8% | +31.7% |
| 1998 | 0.7% | -4.1% |
| 1999 | 0.5% | -28.8% |
| 2000 | 0.8% | +54.3% |
| 2001 | 1.8% | +125.4% |
| 2002 | 1.7% | -5.4% |
| 2003 | 2.2% | +30.0% |
| 2004 | 1.7% | -24.6% |
| 2005 | 2.3% | +36.1% |
| 2006 | 4.2% | +87.3% |
| 2007 | 1.4% | -66.9% |
| 2008 | 1.3% | -5.8% |
| 2009 | 0.3% | -74.6% |
| 2010 | 0.3% | -6.3% |
| 2011 | 0.5% | +61.2% |
Eritrea compared with similar countries
- Eritrea's 0.5% is below the median for low income countries, which is 1.5%, 33% of the median. (16 countries reporting)
- Eritrea's 0.5% is below the median for Sub-Saharan Africa, which is 2.0%, 25% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.0% | 0.5% | 1.8% | 8 |
| 2000s | 1.8% | 0.3% | 4.2% | 10 |
| 2010s | 0.4% | 0.3% | 0.5% | 2 |
Countries ranked near Eritrea
- 134 Macau, China 0.8% compare
- 135 Uganda 0.8%
- 136 Algeria 0.6% compare
- 138 Dominican Republic 0.4%
- 139 Malawi 0.3% compare
- 140 Trinidad and Tobago 0.3% 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 machinery and transport equipment in Eritrea?
- Machinery and transport equipment in Eritrea was 0.5% in 2011, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Eritrea?
- The highest recorded value was 4.2% in 2006.
- What is the lowest machinery and transport equipment recorded in Eritrea?
- The lowest recorded value was 0.3% in 2010.
- How does Eritrea rank for machinery and transport equipment?
- Eritrea ranks 137th out of 149 countries with data for 2011.
- Is machinery and transport equipment rising or falling in Eritrea?
- Over the last ten years it is down 71.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).