Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea
Eritrea: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0007 million SLC per person in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea, 1990–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Eritrea stood at 0.0007 million SLC per person.
That represents a change of up 0.9% on the previous year and up 19.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Eritrea peaked at 0.0012 million SLC per person in 2000 and was at its lowest, 0.0004 million SLC per person, in 1990.
Eritrea ranks 167th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1990 | 0.0004 million SLC per person | — |
| 1991 | 0.0005 million SLC per person | +16.1% |
| 1992 | 0.0006 million SLC per person | +18.6% |
| 1993 | 0.0007 million SLC per person | +16.1% |
| 1994 | 0.0007 million SLC per person | -2.7% |
| 1995 | 0.0009 million SLC per person | +33.3% |
| 1996 | 0.0009 million SLC per person | +3.3% |
| 1997 | 0.0011 million SLC per person | +20.2% |
| 1998 | 0.001 million SLC per person | -4.7% |
| 1999 | 0.001 million SLC per person | +1.9% |
| 2000 | 0.0012 million SLC per person | +17.6% |
| 2001 | 0.001 million SLC per person | -18.5% |
| 2002 | 0.0011 million SLC per person | +9.9% |
| 2003 | 0.001 million SLC per person | -13.5% |
| 2004 | 0.0008 million SLC per person | -11.9% |
| 2005 | 0.0007 million SLC per person | -21.2% |
| 2006 | 0.0006 million SLC per person | -14.6% |
| 2007 | 0.0005 million SLC per person | -8.8% |
| 2008 | 0.0005 million SLC per person | -6.3% |
| 2009 | 0.0004 million SLC per person | -7.9% |
| 2010 | 0.0005 million SLC per person | +15.3% |
| 2011 | 0.0006 million SLC per person | +26.0% |
| 2012 | 0.0006 million SLC per person | -1.7% |
| 2013 | 0.0006 million SLC per person | -11.5% |
| 2014 | 0.0008 million SLC per person | +33.6% |
| 2015 | 0.0006 million SLC per person | -19.2% |
| 2016 | 0.0007 million SLC per person | +9.0% |
| 2017 | 0.0006 million SLC per person | -12.6% |
| 2018 | 0.0007 million SLC per person | +12.3% |
| 2019 | 0.0007 million SLC per person | +2.6% |
| 2020 | 0.0007 million SLC per person | -2.5% |
| 2021 | 0.0007 million SLC per person | +1.3% |
| 2022 | 0.0007 million SLC per person | +0.8% |
| 2023 | 0.0007 million SLC per person | +0.9% |
Eritrea compared with similar countries
- Eritrea's 0.0007 million SLC per person is below the median for low income countries, which is 0.0232 million SLC per person, 3% of the median. (23 countries reporting)
- Eritrea's 0.0007 million SLC per person is below the median for Sub-Saharan Africa, which is 0.0338 million SLC per person, 2% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0008 million SLC per person | 0.0004 million SLC per person | 0.0011 million SLC per person | 10 |
| 2000s | 0.0008 million SLC per person | 0.0004 million SLC per person | 0.0012 million SLC per person | 10 |
| 2010s | 0.0006 million SLC per person | 0.0005 million SLC per person | 0.0008 million SLC per person | 10 |
| 2020s | 0.0007 million SLC per person | 0.0007 million SLC per person | 0.0007 million SLC per person | 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 (total manufacturing) — value standard local currency in Eritrea?
- Value added (total manufacturing) — value standard local currency in Eritrea was 0.0007 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Eritrea?
- The highest recorded value was 0.0012 million SLC per person in 2000.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Eritrea?
- The lowest recorded value was 0.0004 million SLC per person in 1990.
- How does Eritrea rank for value added (total manufacturing) — value standard local currency?
- Eritrea ranks 167th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Eritrea?
- Over the last ten years it is up 19.1%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.