Value added, mining and quarrying in Eritrea

Eritrea: Value added, mining and quarrying was 147,042 constant 2000 US$ in 2009. ◆ Volatile

Latest (2009)
147,042 constant 2000 US$
Change on year
down 25.5%
World rank
39th
of 39 countries
All-time high
1.74 million constant 2000 US$
in 1997
All-time low
147,042 constant 2000 US$
in 2009
Years of data
18
1992–2009

Value added, mining and quarrying in Eritrea, 1992–2009

0500.0k1.0M1.5M1992200020091992: 394.8k constant 2000 US$1993: 789.6k constant 2000 US$1994: 789.6k constant 2000 US$1995: 789.6k constant 2000 US$1996: 809.4k constant 2000 US$1997: 1.7M constant 2000 US$1998: 1.3M constant 2000 US$1999: 1.2M constant 2000 US$2000: 592.2k constant 2000 US$2001: 256.6k constant 2000 US$2002: 256.6k constant 2000 US$2003: 256.6k constant 2000 US$2004: 236.9k constant 2000 US$2005: 236.9k constant 2000 US$2006: 236.9k constant 2000 US$2007: 197.4k constant 2000 US$2008: 197.4k constant 2000 US$2009: 147.0k constant 2000 US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 36 Mauritius 2.78 million constant 2000 US$ compare
  2. 37 Eswatini 1.74 million constant 2000 US$ compare
  3. 38 Djibouti 1.00 million constant 2000 US$ compare

See the full ranking of 44 places →

More economy & growth data for Eritrea

All data for Eritrea →

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.

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About this data

Indicator
Value added, mining and quarrying (constant 2000 US$)
Unit
constant 2000 US$
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
44 places, 1,459 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 constant 2000 U.S. dollars.