Mining and quarrying, value added in Eritrea

Eritrea: Mining and quarrying, value added was 565,854 current US$ in 2009. ◆ Volatile

Latest (2009)
565,854 current US$
Change on year
up 14.5%
World rank
47th
of 50 countries
All-time high
1.65 million current US$
in 1997
All-time low
229,256 current US$
in 2002
Years of data
18
1992–2009

Mining and quarrying, value added in Eritrea, 1992–2009

0500.0k1.0M1.5M1992200020091992: 436.4k current US$1993: 745.8k current US$1994: 714.3k current US$1995: 750.0k current US$1996: 849.5k current US$1997: 1.7M current US$1998: 1.4M current US$1999: 1.2M current US$2000: 592.2k current US$2001: 265.3k current US$2002: 229.3k current US$2003: 273.8k current US$2004: 362.6k current US$2005: 360.0k current US$2006: 400.8k current US$2007: 431.4k current US$2008: 494.3k current US$2009: 565.9k current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 44 Burundi 7.23 million current US$ compare
  2. 45 Mauritius 3.70 million current US$ compare
  3. 46 Djibouti 1.23 million current US$ compare
  4. 48 Comoros 0 current US$ compare
  5. 48 Sao Tome and Principe 0 current US$ compare
  6. 48 Seychelles 0 current US$ compare

See the full ranking of 53 places →

More economy & growth data for Eritrea

All data for Eritrea →

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

Indicator
Mining and quarrying, value added (current US$)
Unit
current US$
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
53 places, 1,780 data points, 1965–2011
Last refreshed

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.