Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea
Eritrea: Value Added (Total Manufacturing) — Value Standard Local Currency was 2,331 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Eritrea is 2,331 million SLC, measured in 2023.
Compared with earlier readings it is up 2.7% on the previous year and up 34.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Eritrea peaked at 2,765 million SLC in 2000 and was at its lowest, 850.1 million SLC, in 1990.
Eritrea ranks 147th of 191 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,584 million SLC | 850.1 million SLC | 2,318 million SLC | 10 |
| 2000s | 1,964 million SLC | 1,287 million SLC | 2,765 million SLC | 10 |
| 2010s | 1,949 million SLC | 1,513 million SLC | 2,331 million SLC | 10 |
| 2020s | 2,239 million SLC | 2,145 million SLC | 2,331 million SLC | 4 |
Countries ranked near Eritrea
- 144 Sierra Leone 2,566 million SLC compare
- 145 Liechtenstein 2,394 million SLC compare
- 146 China, Macao SAR 2,345 million SLC compare
- 148 Bahrain 2,244 million SLC compare
- 149 Suriname 2,016 million SLC compare
- 150 Zimbabwe 1,867 million SLC 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)
- 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 (total manufacturing) — value standard local currency in Eritrea?
- Value added (total manufacturing) — value standard local currency in Eritrea was 2,331 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Eritrea?
- The highest recorded value was 2,765 million SLC in 2000.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Eritrea?
- The lowest recorded value was 850.1 million SLC in 1990.
- How does Eritrea rank for value added (total manufacturing) — value standard local currency?
- Eritrea ranks 147th out of 191 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 34.5%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).