Value added, services and etc growth rate in Eritrea
Eritrea: Value added, services and etc growth rate was 3.4% in 2009. β Volatile
Value added, services and etc growth rate in Eritrea, 1993β2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in %.
Analysis
The most recent figure for value added, services and etc growth rate in Eritrea is 3.4%, measured in 2009.
The figure is down 4.2% on the previous year and up 63.9% over ten years.
Over the whole period, value added, services and etc growth rate in Eritrea peaked at 33.9% in 1994 and was at its lowest, -5.1%, in 1998.
Eritrea ranks 39th of 49 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.5% | -5.1% | 33.9% | 7 |
| 2000s | 3.3% | -4.6% | 23.2% | 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)
- Taxes less subsidies on products (current LCU), annual growth rate 7.43 % change on previous year (2009)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.4282 current LCU per US$ of GDP (2009)
- Taxes less subsidies on products (current LCU), per capita 275.29 current LCU per person (2009)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0484 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 20.65 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 15.07 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0663 (2025)
- Gdp worldbank constant usd, annual growth rate 8.68 % change on previous year (2011)
Frequently asked questions
- What is value added, services and etc growth rate in Eritrea?
- Value added, services and etc growth rate in Eritrea was 3.4% in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest value added, services and etc growth rate recorded in Eritrea?
- The highest recorded value was 33.9% in 1994.
- What is the lowest value added, services and etc growth rate recorded in Eritrea?
- The lowest recorded value was -5.1% in 1998.
- How does Eritrea rank for value added, services and etc growth rate?
- Eritrea ranks 39th out of 49 countries with data for 2009.
- Is value added, services and etc growth rate rising or falling in Eritrea?
- Over the last ten years it is up 63.9%. 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, services and etc growth rate (%). Statizoid updates them automatically from the source API.
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About this data
This is the annual rate of growth of value added in services. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 2.