Manufacturing, value added in Eritrea
Eritrea: Manufacturing, value added was 5.5% in 2009. ▼ Falling
Manufacturing, value added in Eritrea, 1992–2009
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Eritrea recorded 5.5% for manufacturing, value added in 2009.
The figure is down 15.8% on the previous year and down 40.1% over ten years.
Over the whole period, manufacturing, value added in Eritrea peaked at 9.6% in 1997 and was at its lowest, 5.5%, in 2007.
Eritrea ranks 150th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Manufacturing, value added in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 7.4% | — |
| 1993 | 7.8% | +6.1% |
| 1994 | 7.0% | -11.1% |
| 1995 | 8.1% | +16.6% |
| 1996 | 8.6% | +6.1% |
| 1997 | 9.6% | +11.3% |
| 1998 | 8.6% | -10.5% |
| 1999 | 9.2% | +6.8% |
| 2000 | 9.3% | +1.5% |
| 2001 | 8.9% | -4.0% |
| 2002 | 9.1% | +2.0% |
| 2003 | 9.1% | -0.2% |
| 2004 | 8.6% | -5.7% |
| 2005 | 6.8% | -20.4% |
| 2006 | 6.0% | -12.4% |
| 2007 | 5.5% | -8.7% |
| 2008 | 6.5% | +19.4% |
| 2009 | 5.5% | -15.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.3% | 7.0% | 9.6% | 8 |
| 2000s | 7.5% | 5.5% | 9.3% | 10 |
Countries ranked near Eritrea
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 14.95 current LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current LCU), per capita 9,610 current LCU per person (2009)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.29 % change on previous year (2009)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 3.86 constant LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (constant LCU), per capita 2,480 constant LCU per person (2009)
- GDP (current US$), annual growth rate 29.91 % change on previous year (2011)
- GDP (current US$), per capita 688.68 current US$ per person (2011)
Frequently asked questions
- What is manufacturing, value added in Eritrea?
- Manufacturing, value added in Eritrea was 5.5% 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 9.6% in 1997.
- What is the lowest manufacturing, value added recorded in Eritrea?
- The lowest recorded value was 5.5% in 2007.
- How does Eritrea rank for manufacturing, value added?
- Eritrea ranks 150th out of 203 countries with data for 2009.
- Is manufacturing, value added rising or falling in Eritrea?
- Over the last ten years it is down 40.1%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.