Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea
Eritrea: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0174 million SLC per square kilometre in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Eritrea, 1993–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Eritrea is 0.0174 million SLC per square kilometre, measured in 2023.
The figure is down 4.6% on the previous year and up 20.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Eritrea peaked at 0.0198 million SLC per square kilometre in 2014 and was at its lowest, 0.002 million SLC per square kilometre, in 1993.
That places Eritrea 181st out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising 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 | 0.002 million SLC per square kilometre | — |
| 1994 | 0.0024 million SLC per square kilometre | +21.4% |
| 1995 | 0.0032 million SLC per square kilometre | +33.3% |
| 1996 | 0.0041 million SLC per square kilometre | +28.0% |
| 1997 | 0.0051 million SLC per square kilometre | +25.1% |
| 1998 | 0.0051 million SLC per square kilometre | -0.3% |
| 1999 | 0.0056 million SLC per square kilometre | +10.2% |
| 2000 | 0.007 million SLC per square kilometre | +25.2% |
| 2001 | 0.0084 million SLC per square kilometre | +19.8% |
| 2002 | 0.0105 million SLC per square kilometre | +25.1% |
| 2003 | 0.0109 million SLC per square kilometre | +3.8% |
| 2004 | 0.0108 million SLC per square kilometre | -0.3% |
| 2005 | 0.0095 million SLC per square kilometre | -12.2% |
| 2006 | 0.0071 million SLC per square kilometre | -25.2% |
| 2007 | 0.0071 million SLC per square kilometre | -0.7% |
| 2008 | 0.0076 million SLC per square kilometre | +8.0% |
| 2009 | 0.009 million SLC per square kilometre | +18.3% |
| 2010 | 0.0118 million SLC per square kilometre | +30.1% |
| 2011 | 0.0156 million SLC per square kilometre | +32.6% |
| 2012 | 0.0166 million SLC per square kilometre | +6.7% |
| 2013 | 0.0145 million SLC per square kilometre | -13.1% |
| 2014 | 0.0198 million SLC per square kilometre | +36.6% |
| 2015 | 0.0156 million SLC per square kilometre | -21.0% |
| 2016 | 0.0172 million SLC per square kilometre | +10.1% |
| 2017 | 0.0145 million SLC per square kilometre | -15.8% |
| 2018 | 0.0154 million SLC per square kilometre | +6.1% |
| 2019 | 0.0152 million SLC per square kilometre | -1.0% |
| 2020 | 0.0162 million SLC per square kilometre | +6.2% |
| 2021 | 0.0169 million SLC per square kilometre | +4.8% |
| 2022 | 0.0182 million SLC per square kilometre | +7.8% |
| 2023 | 0.0174 million SLC per square kilometre | -4.6% |
Eritrea compared with similar countries
- Eritrea's 0.0174 million SLC per square kilometre is below the median for low income countries, which is 1.55 million SLC per square kilometre, 1% of the median. (23 countries reporting)
- Eritrea's 0.0174 million SLC per square kilometre is below the median for Sub-Saharan Africa, which is 2.37 million SLC per square kilometre, 1% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0039 million SLC per square kilometre | 0.002 million SLC per square kilometre | 0.0056 million SLC per square kilometre | 7 |
| 2000s | 0.0088 million SLC per square kilometre | 0.007 million SLC per square kilometre | 0.0109 million SLC per square kilometre | 10 |
| 2010s | 0.0156 million SLC per square kilometre | 0.0118 million SLC per square kilometre | 0.0198 million SLC per square kilometre | 10 |
| 2020s | 0.0172 million SLC per square kilometre | 0.0162 million SLC per square kilometre | 0.0182 million SLC per square kilometre | 4 |
Countries ranked near Eritrea
- 178 Kiribati 0.0253 million SLC per square kilometre compare
- 179 Mauritania 0.0245 million SLC per square kilometre compare
- 180 Australia 0.0191 million SLC per square kilometre compare
- 182 Montenegro 0.0164 million SLC per square kilometre compare
- 183 Belize 0.0158 million SLC per square kilometre compare
- 184 Bahamas 0.0144 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 0.0174 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 0.0198 million SLC per square kilometre in 2014.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Eritrea?
- The lowest recorded value was 0.002 million SLC per square kilometre in 1993.
- How does Eritrea rank for value added (total manufacturing) — value standard local currency?
- Eritrea ranks 181st 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 20.3%. The long-run trend across the full record is rising.
- 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, 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 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 ÷ 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 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.