Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Eritrea
Eritrea: Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 92.29 USD in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Eritrea, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2023, value added deflator (manufacturing) — value us$, 2015 prices in Eritrea stood at 92.29 USD.
Compared with earlier readings it is down 7.1% on the previous year and down 8.7% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in Eritrea peaked at 104.24 USD in 2012 and was at its lowest, 40.81 USD, in 2000.
That places Eritrea 182nd out of 203 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Eritrea, year by year
| Year | USD | Change |
|---|---|---|
| 1990 | 45.3 USD | — |
| 1991 | 46.83 USD | +3.4% |
| 1992 | 47.89 USD | +2.3% |
| 1993 | 49.03 USD | +2.4% |
| 1994 | 54.24 USD | +10.6% |
| 1995 | 45.5 USD | -16.1% |
| 1996 | 52.02 USD | +14.3% |
| 1997 | 50.38 USD | -3.2% |
| 1998 | 47.76 USD | -5.2% |
| 1999 | 45.94 USD | -3.8% |
| 2000 | 40.81 USD | -11.2% |
| 2001 | 49.59 USD | +21.5% |
| 2002 | 44.2 USD | -10.9% |
| 2003 | 51.21 USD | +15.8% |
| 2004 | 67.04 USD | +30.9% |
| 2005 | 65.45 USD | -2.4% |
| 2006 | 56.39 USD | -13.8% |
| 2007 | 60.5 USD | +7.3% |
| 2008 | 67.94 USD | +12.3% |
| 2009 | 85.11 USD | +25.3% |
| 2010 | 94.11 USD | +10.6% |
| 2011 | 97.26 USD | +3.3% |
| 2012 | 104.24 USD | +7.2% |
| 2013 | 101.08 USD | -3.0% |
| 2014 | 102.68 USD | +1.6% |
| 2015 | 100 USD | -2.6% |
| 2016 | 100.54 USD | +0.5% |
| 2017 | 97.87 USD | -2.7% |
| 2018 | 91.21 USD | -6.8% |
| 2019 | 86.8 USD | -4.8% |
| 2020 | 93 USD | +7.1% |
| 2021 | 94.65 USD | +1.8% |
| 2022 | 99.38 USD | +5.0% |
| 2023 | 92.29 USD | -7.1% |
Eritrea compared with similar countries
- Eritrea's 92.29 USD is below the median for low income countries, which is 114.25 USD, 81% of the median. (22 countries reporting)
- Eritrea's 92.29 USD is below the median for Sub-Saharan Africa, which is 113.86 USD, 81% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.49 USD | 45.3 USD | 54.24 USD | 10 |
| 2000s | 58.82 USD | 40.81 USD | 85.11 USD | 10 |
| 2010s | 97.58 USD | 86.8 USD | 104.24 USD | 10 |
| 2020s | 94.83 USD | 92.29 USD | 99.38 USD | 4 |
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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is value added deflator (manufacturing) — value us$, 2015 prices in Eritrea?
- Value added deflator (manufacturing) — value us$, 2015 prices in Eritrea was 92.29 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in Eritrea?
- The highest recorded value was 104.24 USD in 2012.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in Eritrea?
- The lowest recorded value was 40.81 USD in 2000.
- How does Eritrea rank for value added deflator (manufacturing) — value us$, 2015 prices?
- Eritrea ranks 182nd out of 203 countries with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices rising or falling in Eritrea?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).