Value Added (Total Manufacturing) — Value US$ in Eritrea

Eritrea: Value Added (Total Manufacturing) — Value US$ was 139.93 million USD in 2023. ▲ Rising

Latest (2023)
139.93 million USD
Change on year
down 4.6%
World rank
184th
of 220 countries
All-time high
155.67 million USD
in 2014
All-time low
25.04 million USD
in 1990
Years of data
34
1990–2023

Value Added (Total Manufacturing) — Value US$ in Eritrea, 1990–2023

501001501990200620231990: 25 million USD1991: 28.4 million USD1992: 32.3 million USD1993: 39.6 million USD1994: 43.9 million USD1995: 52 million USD1996: 64.5 million USD1997: 75.9 million USD1998: 69.5 million USD1999: 69.2 million USD2000: 73.4 million USD2001: 74.8 million USD2002: 75.8 million USD2003: 79.2 million USD2004: 95.2 million USD2005: 75 million USD2006: 56.1 million USD2007: 55.7 million USD2008: 60.2 million USD2009: 71.2 million USD2010: 92.6 million USD2011: 122.8 million USD2012: 131.1 million USD2013: 114 million USD2014: 155.7 million USD2015: 123 million USD2016: 135.6 million USD2017: 116.3 million USD2018: 123.4 million USD2019: 122.2 million USD2020: 129.7 million USD2021: 136.1 million USD2022: 146.7 million USD2023: 139.9 million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2023, value added (total manufacturing) — value us$ in Eritrea stood at 139.93 million USD.

That represents a change of down 4.6% on the previous year and up 22.8% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Eritrea peaked at 155.67 million USD in 2014 and was at its lowest, 25.04 million USD, in 1990.

That places Eritrea 184th out of 220 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 50.03 million USD 25.04 million USD 75.94 million USD 10
2000s 71.66 million USD 55.72 million USD 95.16 million USD 10
2010s 123.67 million USD 92.64 million USD 155.67 million USD 10
2020s 138.12 million USD 129.74 million USD 146.67 million USD 4

Countries ranked near Eritrea

  1. 181 Solomon Islands 150.05 million USD compare
  2. 182 Djibouti 148.24 million USD compare
  3. 183 Bahamas 144.5 million USD compare
  4. 185 Maldives 130.46 million USD compare
  5. 186 Andorra 128.59 million USD compare
  6. 187 Cabo Verde 120.3 million USD compare

See the full ranking of 252 places →

More economy & growth data for Eritrea

All data for Eritrea →

Frequently asked questions

What is value added (total manufacturing) — value us$ in Eritrea?
Value added (total manufacturing) — value us$ in Eritrea was 139.93 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value us$ recorded in Eritrea?
The highest recorded value was 155.67 million USD in 2014.
What is the lowest value added (total manufacturing) — value us$ recorded in Eritrea?
The lowest recorded value was 25.04 million USD in 1990.
How does Eritrea rank for value added (total manufacturing) — value us$?
Eritrea ranks 184th out of 220 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Eritrea?
Over the last ten years it is up 22.8%. 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 US$. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).