Mining and quarrying, value added in Eritrea
Eritrea: Mining and quarrying, value added was 565,854 current US$ 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 current US$.
Analysis
Eritrea recorded 565,854 current US$ for mining and quarrying, value added in 2009.
That represents a change of up 14.5% on the previous year and down 52.4% over ten years.
Over the whole period, mining and quarrying, value added in Eritrea peaked at 1.65 million current US$ in 1997 and was at its lowest, 229,256 current US$, in 2002.
That places Eritrea 47th out of 50 countries with data for 2009, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mining and quarrying, value added in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 436,367 current US$ | — |
| 1993 | 745,818 current US$ | +70.9% |
| 1994 | 714,286 current US$ | -4.2% |
| 1995 | 750,000 current US$ | +5.0% |
| 1996 | 849,497 current US$ | +13.3% |
| 1997 | 1.65 million current US$ | +94.6% |
| 1998 | 1.37 million current US$ | -17.0% |
| 1999 | 1.19 million current US$ | -13.3% |
| 2000 | 592,208 current US$ | -50.2% |
| 2001 | 265,264 current US$ | -55.2% |
| 2002 | 229,256 current US$ | -13.6% |
| 2003 | 273,817 current US$ | +19.4% |
| 2004 | 362,647 current US$ | +32.4% |
| 2005 | 360,007 current US$ | -0.7% |
| 2006 | 400,841 current US$ | +11.3% |
| 2007 | 431,358 current US$ | +7.6% |
| 2008 | 494,309 current US$ | +14.6% |
| 2009 | 565,854 current US$ | +14.5% |
Eritrea compared with similar countries
- Eritrea's 565,854 current US$ is below the median for low income countries, which is 119.91 million current US$, 0% of the median. (18 countries reporting)
- Eritrea's 565,854 current US$ is below the median for Sub-Saharan Africa, which is 348.41 million current US$, 0% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 963,814 current US$ | 436,367 current US$ | 1.65 million current US$ | 8 |
| 2000s | 397,556 current US$ | 229,256 current US$ | 592,208 current US$ | 10 |
Countries ranked near Eritrea
- 44 Burundi 7.23 million current US$ compare
- 45 Mauritius 3.70 million current US$ compare
- 46 Djibouti 1.23 million current US$ compare
- 48 Comoros 0 current US$
- 48 Sao Tome and Principe 0 current US$
- 48 Seychelles 0 current US$ 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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is mining and quarrying, value added in Eritrea?
- Mining and quarrying, value added in Eritrea was 565,854 current US$ 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 1.65 million current US$ in 1997.
- What is the lowest mining and quarrying, value added recorded in Eritrea?
- The lowest recorded value was 229,256 current US$ in 2002.
- How does Eritrea rank for mining and quarrying, value added?
- Eritrea ranks 47th out of 50 countries with data for 2009.
- Is mining and quarrying, value added rising or falling in Eritrea?
- Over the last ten years it is down 52.4%. 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 (current US$). Statizoid updates them automatically from the source API.
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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 current U.S. dollars.