Other services, value added in Eritrea
Eritrea: Other services, value added was 2.05 billion current LCU in 2009. ◆ Volatile
Other services, value added in Eritrea, 1992–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
Eritrea recorded 2.05 billion current LCU for other services, value added in 2009. That is the highest value across all 16 years on record.
The figure is up 13.3% on the previous year and up 611.0% over ten years.
Over the whole period, other services, value added in Eritrea peaked at 2.05 billion current LCU in 2009 and was at its lowest, 39.30 million current LCU, in 1992.
Eritrea ranks 38th 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.
Other services, value added in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 39.30 million current LCU | — |
| 1993 | 40.50 million current LCU | +3.1% |
| 1994 | 150.40 million current LCU | +271.4% |
| 1995 | 168.50 million current LCU | +12.0% |
| 1996 | 191.70 million current LCU | +13.8% |
| 1997 | 218.70 million current LCU | +14.1% |
| 1998 | 252.50 million current LCU | +15.5% |
| 1999 | 288.10 million current LCU | +14.1% |
| 2000 | 356.00 million current LCU | +23.6% |
| 2001 | 429.00 million current LCU | +20.5% |
| 2002 | 510.00 million current LCU | +18.9% |
| 2005 | 891.00 million current LCU | +74.7% |
| 2006 | 984.75 million current LCU | +10.5% |
| 2007 | 1.12 billion current LCU | +14.0% |
| 2008 | 1.81 billion current LCU | +61.1% |
| 2009 | 2.05 billion current LCU | +13.3% |
Eritrea compared with similar countries
- Eritrea's 2.05 billion current LCU is below the median for Sub-Saharan Africa, which is 81.11 billion current LCU, 3% of the median. (41 countries reporting)
- Eritrea's 2.05 billion current LCU is below the median for low income countries, which is 65.39 billion current LCU, 3% of the median. (17 countries reporting)
Biggest year-on-year movements
Years where Other services, value added 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 |
|---|---|---|---|
| 1994 | +271.4% | 40.50 million current LCU | 150.40 million current LCU |
| 2005 | +74.7% | 510.00 million current LCU | 891.00 million current LCU |
| 2008 | +61.1% | 1.12 billion current LCU | 1.81 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 168.71 million current LCU | 39.30 million current LCU | 288.10 million current LCU | 8 |
| 2000s | 1.02 billion current LCU | 356.00 million current LCU | 2.05 billion current LCU | 8 |
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)
- 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 other services, value added in Eritrea?
- Other services, value added in Eritrea was 2.05 billion current LCU in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest other services, value added recorded in Eritrea?
- The highest recorded value was 2.05 billion current LCU in 2009.
- What is the lowest other services, value added recorded in Eritrea?
- The lowest recorded value was 39.30 million current LCU in 1992.
- How does Eritrea rank for other services, value added?
- Eritrea ranks 38th out of 45 countries with data for 2009.
- Is other services, value added rising or falling in Eritrea?
- Over the last ten years it is up 611.0%. 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 Other services, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in other services is defined as the value of output of the 'other services' industry less the value of intermediate consumption (intermediate inputs). Other services is a subset of services, comprising real estate, renting and business activities (excluding services of owner occupied dwellings), education, health and social work, other community, social and personal service activities, private households with employed persons, and extra territorial organizations (ISIC 70-74, 80-99). Data are in current local currency.