Value added, mining and quarrying in Eritrea
Eritrea: Value added, mining and quarrying was 147,042 constant 2000 US$ in 2009. ◆ Volatile
Value added, mining and quarrying in Eritrea, 1992–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant 2000 US$.
Analysis
The most recent figure for value added, mining and quarrying in Eritrea is 147,042 constant 2000 US$, 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, value added, mining and quarrying in Eritrea peaked at 1.74 million constant 2000 US$ in 1997 and was at its lowest, 147,042 constant 2000 US$, in 2009.
That places Eritrea 39th out of 39 countries with data for 2009, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value added, mining and quarrying in Eritrea, year by year
| Year | constant 2000 US$ | Change |
|---|---|---|
| 1992 | 394,805 constant 2000 US$ | — |
| 1993 | 789,610 constant 2000 US$ | +100.0% |
| 1994 | 789,610 constant 2000 US$ | +0.0% |
| 1995 | 789,610 constant 2000 US$ | +0.0% |
| 1996 | 809,351 constant 2000 US$ | +2.5% |
| 1997 | 1.74 million constant 2000 US$ | +114.6% |
| 1998 | 1.34 million constant 2000 US$ | -22.7% |
| 1999 | 1.20 million constant 2000 US$ | -10.3% |
| 2000 | 592,208 constant 2000 US$ | -50.8% |
| 2001 | 256,623 constant 2000 US$ | -56.7% |
| 2002 | 256,623 constant 2000 US$ | +0.0% |
| 2003 | 256,623 constant 2000 US$ | +0.0% |
| 2004 | 236,883 constant 2000 US$ | -7.7% |
| 2005 | 236,883 constant 2000 US$ | +0.0% |
| 2006 | 236,883 constant 2000 US$ | +0.0% |
| 2007 | 197,403 constant 2000 US$ | -16.7% |
| 2008 | 197,403 constant 2000 US$ | +0.0% |
| 2009 | 147,042 constant 2000 US$ | -25.5% |
Eritrea compared with similar countries
- Eritrea's 147,042 constant 2000 US$ is below the median for low income countries, which is 47.16 million constant 2000 US$, 0% of the median. (14 countries reporting)
- Eritrea's 147,042 constant 2000 US$ is below the median for Sub-Saharan Africa, which is 273.05 million constant 2000 US$, 0% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Value added, mining and quarrying in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +114.6% | 809,351 constant 2000 US$ | 1.74 million constant 2000 US$ |
| 1993 | +100.0% | 394,805 constant 2000 US$ | 789,610 constant 2000 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 982,078 constant 2000 US$ | 394,805 constant 2000 US$ | 1.74 million constant 2000 US$ | 8 |
| 2000s | 261,457 constant 2000 US$ | 147,042 constant 2000 US$ | 592,208 constant 2000 US$ | 10 |
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$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is value added, mining and quarrying in Eritrea?
- Value added, mining and quarrying in Eritrea was 147,042 constant 2000 US$ in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest value added, mining and quarrying recorded in Eritrea?
- The highest recorded value was 1.74 million constant 2000 US$ in 1997.
- What is the lowest value added, mining and quarrying recorded in Eritrea?
- The lowest recorded value was 147,042 constant 2000 US$ in 2009.
- How does Eritrea rank for value added, mining and quarrying?
- Eritrea ranks 39th out of 39 countries with data for 2009.
- Is value added, mining and quarrying 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 Value added, mining and quarrying (constant 2000 US$). 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 2000 U.S. dollars.