Mining and quarrying, value added (constant LCU) in Eritrea
Eritrea: Mining and quarrying, value added (constant LCU) was 1.42 million constant LCU in 2009. ◆ Volatile
Mining and quarrying, value added in Eritrea, 1992–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
The most recent figure for mining and quarrying, value added in Eritrea is 1.42 million constant LCU, measured in 2009. That is the lowest value across all 18 years on record.
Compared with earlier readings it is down 25.5% on the previous year and down 87.8% over ten years.
Over the whole period, mining and quarrying, value added in Eritrea peaked at 16.72 million constant LCU in 1997 and was at its lowest, 1.42 million constant LCU, in 2009.
Eritrea ranks 44th of 45 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mining and quarrying, value added (constant LCU) in Eritrea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1992 | 3.80 million constant LCU | — |
| 1993 | 7.60 million constant LCU | +100.0% |
| 1994 | 7.60 million constant LCU | +0.0% |
| 1995 | 7.60 million constant LCU | +0.0% |
| 1996 | 7.79 million constant LCU | +2.5% |
| 1997 | 16.72 million constant LCU | +114.6% |
| 1998 | 12.92 million constant LCU | -22.7% |
| 1999 | 11.59 million constant LCU | -10.3% |
| 2000 | 5.70 million constant LCU | -50.8% |
| 2001 | 2.47 million constant LCU | -56.7% |
| 2002 | 2.47 million constant LCU | +0.0% |
| 2003 | 2.47 million constant LCU | +0.0% |
| 2004 | 2.28 million constant LCU | -7.7% |
| 2005 | 2.28 million constant LCU | +0.0% |
| 2006 | 2.28 million constant LCU | +0.0% |
| 2007 | 1.90 million constant LCU | -16.7% |
| 2008 | 1.90 million constant LCU | +0.0% |
| 2009 | 1.42 million constant LCU | -25.5% |
Eritrea compared with similar countries
- Eritrea's 1.42 million constant LCU is below the median for low income countries, which is 14.46 billion constant LCU, 0% of the median. (17 countries reporting)
- Eritrea's 1.42 million constant LCU is below the median for Sub-Saharan Africa, which is 18.71 billion constant LCU, 0% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Mining and quarrying, value added (constant LCU) in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +114.6% | 7.79 million constant LCU | 16.72 million constant LCU |
| 1993 | +100.0% | 3.80 million constant LCU | 7.60 million constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.45 million constant LCU | 3.80 million constant LCU | 16.72 million constant LCU | 8 |
| 2000s | 2.52 million constant LCU | 1.42 million constant LCU | 5.70 million constant LCU | 10 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Real gdp growth, annual growth rate -70.56 % change on previous year (2019)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is mining and quarrying, value added in Eritrea?
- Mining and quarrying, value added in Eritrea was 1.42 million constant LCU in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest mining and quarrying, value added recorded in Eritrea?
- The highest recorded value was 16.72 million constant LCU in 1997.
- What is the lowest mining and quarrying, value added recorded in Eritrea?
- The lowest recorded value was 1.42 million constant LCU in 2009.
- How does Eritrea rank for mining and quarrying, value added?
- Eritrea ranks 44th out of 45 countries with data for 2009.
- Is mining and quarrying, value added rising or falling in Eritrea?
- Over the last ten years it is down 87.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Mining and quarrying, value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Value added in mining and quarrying is defined as the value of output of the mining and quarrying industries less the value of intermediate consumption (intermediate inputs). Mining and quarrying is a subset of industry (ISIC 10-14). Data are in constant local currency.