Millet — Producer Price in Eritrea
Eritrea: Millet — Producer Price was 6,410 LCU in 2002. ◆ Volatile
Millet — Producer Price in Eritrea, 1993–2002
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
Eritrea recorded 6,410 LCU for millet — producer price in 2002.
Compared with earlier readings it is down 3.3% on the previous year and up 316.2% over ten years.
Over the whole period, millet — producer price in Eritrea peaked at 6,630 LCU in 2001 and was at its lowest, 1,540 LCU, in 1993.
Eritrea ranks 30th of 44 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Millet — Producer Price in Eritrea, year by year
| Year | LCU | Change |
|---|---|---|
| 1993 | 1,540 LCU | — |
| 1994 | 1,950 LCU | +26.6% |
| 1995 | 2,080 LCU | +6.7% |
| 1996 | 2,140 LCU | +2.9% |
| 1997 | 2,120 LCU | -0.9% |
| 1998 | 3,430 LCU | +61.8% |
| 1999 | 3,490 LCU | +1.7% |
| 2000 | 4,180 LCU | +19.8% |
| 2001 | 6,630 LCU | +58.6% |
| 2002 | 6,410 LCU | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,393 LCU | 1,540 LCU | 3,490 LCU | 7 |
| 2000s | 5,740 LCU | 4,180 LCU | 6,630 LCU | 3 |
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)
- GDP deflator (base year varies by country), annual growth rate 19.54 % change on previous year (2011)
- Gross value added at basic prices (GVA) (current US$), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9721 current US$ per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current US$), per capita 625.02 current US$ per person (2009)
- 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)
Frequently asked questions
- What is millet — producer price in Eritrea?
- Millet — producer price in Eritrea was 6,410 LCU in 2002, according to Food and Agriculture Organization of the United Nations.
- What is the highest millet — producer price recorded in Eritrea?
- The highest recorded value was 6,630 LCU in 2001.
- What is the lowest millet — producer price recorded in Eritrea?
- The lowest recorded value was 1,540 LCU in 1993.
- How does Eritrea rank for millet — producer price?
- Eritrea ranks 30th out of 44 countries with data for 2002.
- Is millet — producer price rising or falling in Eritrea?
- Over the last ten years it is up 316.2%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Millet — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
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About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.