Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea
Eritrea: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0192 million SLC per square kilometre in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea, 1993–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Eritrea stood at 0.0192 million SLC per square kilometre.
That represents a change of up 2.7% on the previous year and up 34.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Eritrea peaked at 0.0274 million SLC per square kilometre in 2000 and was at its lowest, 0.0106 million SLC per square kilometre, in 2009.
Eritrea ranks 173rd of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1993 | 0.0123 million SLC per square kilometre | — |
| 1994 | 0.0123 million SLC per square kilometre | +0.4% |
| 1995 | 0.0174 million SLC per square kilometre | +41.0% |
| 1996 | 0.0189 million SLC per square kilometre | +8.6% |
| 1997 | 0.0229 million SLC per square kilometre | +21.5% |
| 1998 | 0.0222 million SLC per square kilometre | -3.4% |
| 1999 | 0.0229 million SLC per square kilometre | +3.4% |
| 2000 | 0.0274 million SLC per square kilometre | +19.4% |
| 2001 | 0.023 million SLC per square kilometre | -16.1% |
| 2002 | 0.0261 million SLC per square kilometre | +13.7% |
| 2003 | 0.0235 million SLC per square kilometre | -9.9% |
| 2004 | 0.018 million SLC per square kilometre | -23.4% |
| 2005 | 0.0146 million SLC per square kilometre | -19.3% |
| 2006 | 0.0126 million SLC per square kilometre | -13.2% |
| 2007 | 0.0117 million SLC per square kilometre | -7.4% |
| 2008 | 0.0113 million SLC per square kilometre | -3.8% |
| 2009 | 0.0106 million SLC per square kilometre | -5.5% |
| 2010 | 0.0125 million SLC per square kilometre | +17.6% |
| 2011 | 0.016 million SLC per square kilometre | +28.3% |
| 2012 | 0.016 million SLC per square kilometre | -0.4% |
| 2013 | 0.0143 million SLC per square kilometre | -10.3% |
| 2014 | 0.0193 million SLC per square kilometre | +34.5% |
| 2015 | 0.0156 million SLC per square kilometre | -18.9% |
| 2016 | 0.0171 million SLC per square kilometre | +9.7% |
| 2017 | 0.0151 million SLC per square kilometre | -11.9% |
| 2018 | 0.0172 million SLC per square kilometre | +13.8% |
| 2019 | 0.0179 million SLC per square kilometre | +4.1% |
| 2020 | 0.0177 million SLC per square kilometre | -0.9% |
| 2021 | 0.0182 million SLC per square kilometre | +3.0% |
| 2022 | 0.0187 million SLC per square kilometre | +2.6% |
| 2023 | 0.0192 million SLC per square kilometre | +2.7% |
Eritrea compared with similar countries
- Eritrea's 0.0192 million SLC per square kilometre is below the median for low income countries, which is 0.5092 million SLC per square kilometre, 4% of the median. (23 countries reporting)
- Eritrea's 0.0192 million SLC per square kilometre is below the median for Sub-Saharan Africa, which is 1.44 million SLC per square kilometre, 1% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0184 million SLC per square kilometre | 0.0123 million SLC per square kilometre | 0.0229 million SLC per square kilometre | 7 |
| 2000s | 0.0179 million SLC per square kilometre | 0.0106 million SLC per square kilometre | 0.0274 million SLC per square kilometre | 10 |
| 2010s | 0.0161 million SLC per square kilometre | 0.0125 million SLC per square kilometre | 0.0193 million SLC per square kilometre | 10 |
| 2020s | 0.0185 million SLC per square kilometre | 0.0177 million SLC per square kilometre | 0.0192 million SLC per square kilometre | 4 |
Countries ranked near Eritrea
- 170 Zambia 0.0256 million SLC per square kilometre compare
- 171 Canada 0.0237 million SLC per square kilometre compare
- 172 Kiribati 0.0203 million SLC per square kilometre compare
- 174 Namibia 0.019 million SLC per square kilometre compare
- 175 Botswana 0.0188 million SLC per square kilometre compare
- 176 Sudan 0.0168 million SLC per square kilometre compare
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 0.0192 million SLC per square kilometre 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 0.0274 million SLC per square kilometre in 2000.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Eritrea?
- The lowest recorded value was 0.0106 million SLC per square kilometre in 2009.
- How does Eritrea rank for value added (total manufacturing) — value standard local currency?
- Eritrea ranks 173rd 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 34.3%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.