Manufacturing, value added in Eritrea
Eritrea: Manufacturing, value added was 101.98 million current US$ in 2009. ▲ Rising
Manufacturing, value added in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2009, manufacturing, value added in Eritrea stood at 101.98 million current US$. That is the highest value across all 18 years on record.
The figure is up 13.3% on the previous year and up 61.4% over ten years.
Over the whole period, manufacturing, value added in Eritrea peaked at 101.98 million current US$ in 2009 and was at its lowest, 35.21 million current US$, in 1992.
Eritrea ranks 177th of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Manufacturing, value added in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 35.21 million current US$ | — |
| 1993 | 36.64 million current US$ | +4.0% |
| 1994 | 37.03 million current US$ | +1.1% |
| 1995 | 46.95 million current US$ | +26.8% |
| 1996 | 59.78 million current US$ | +27.3% |
| 1997 | 65.86 million current US$ | +10.2% |
| 1998 | 64.02 million current US$ | -2.8% |
| 1999 | 63.18 million current US$ | -1.3% |
| 2000 | 65.75 million current US$ | +4.1% |
| 2001 | 67.20 million current US$ | +2.2% |
| 2002 | 66.47 million current US$ | -1.1% |
| 2003 | 79.19 million current US$ | +19.1% |
| 2004 | 95.16 million current US$ | +20.2% |
| 2005 | 75.00 million current US$ | -21.2% |
| 2006 | 72.49 million current US$ | -3.4% |
| 2007 | 72.01 million current US$ | -0.7% |
| 2008 | 90.04 million current US$ | +25.0% |
| 2009 | 101.98 million current US$ | +13.3% |
Eritrea compared with similar countries
- Eritrea's 101.98 million current US$ is below the median for low income countries, which is 1.31 billion current US$, 8% of the median. (22 countries reporting)
- Eritrea's 101.98 million current US$ is below the median for Sub-Saharan Africa, which is 1.49 billion current US$, 7% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 51.08 million current US$ | 35.21 million current US$ | 65.86 million current US$ | 8 |
| 2000s | 78.53 million current US$ | 65.75 million current US$ | 101.98 million current US$ | 10 |
Countries ranked near Eritrea
- 174 Seychelles 129.09 million current US$ compare
- 175 Andorra 126.39 million current US$ compare
- 176 Curacao 103.98 million current US$ compare
- 178 Channel Islands 100.97 million current US$
- 179 Bahamas 99.70 million current US$ compare
- 180 Saint Lucia 95.00 million current US$
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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is manufacturing, value added in Eritrea?
- Manufacturing, value added in Eritrea was 101.98 million current US$ in 2009, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Eritrea?
- The highest recorded value was 101.98 million current US$ in 2009.
- What is the lowest manufacturing, value added recorded in Eritrea?
- The lowest recorded value was 35.21 million current US$ in 1992.
- How does Eritrea rank for manufacturing, value added?
- Eritrea ranks 177th out of 205 countries with data for 2009.
- Is manufacturing, value added rising or falling in Eritrea?
- Over the last ten years it is up 61.4%. 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 Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.