Eritrea - Industry

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Eritrea was $405,118,700 as of 2009. Over the past 17 years, the value for this indicator has fluctuated between $405,118,700 in 2009 and $51,338,560 in 1992.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 $51,338,560
1993 $63,680,870
1994 $68,051,950
1995 $87,187,500
1996 $131,121,500
1997 $144,029,800
1998 $143,740,100
1999 $143,806,900
2000 $135,345,500
2001 $139,440,300
2002 $139,838,900
2003 $171,409,200
2004 $217,515,900
2005 $224,764,200
2006 $219,861,100
2007 $252,988,000
2008 $357,671,600
2009 $405,118,700

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Eritrea was 6,228,700,000 as of 2009. As the graph below shows, over the past 17 years this indicator reached a maximum value of 6,228,700,000 in 2009 and a minimum value of 235,300,000 in 1992.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 235,300,000
1993 333,000,000
1994 419,200,000
1995 558,000,000
1996 833,500,000
1997 1,037,000,000
1998 1,058,200,000
1999 1,172,400,000
2000 1,302,700,000
2001 1,577,000,000
2002 1,951,900,000
2003 2,378,800,000
2004 2,999,000,000
2005 3,454,153,000
2006 3,380,364,000
2007 3,889,690,000
2008 5,499,200,000
2009 6,228,700,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Eritrea was -0.24 as of 2009. As the graph below shows, over the past 16 years this indicator reached a maximum value of 43.43 in 1993 and a minimum value of -9.00 in 2005.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1993 43.43
1994 13.96
1995 21.22
1996 36.94
1997 19.75
1998 -6.46
1999 2.81
2000 -6.37
2001 -8.30
2002 8.19
2003 13.63
2004 4.57
2005 -9.00
2006 -7.88
2007 1.74
2008 1.44
2009 -0.24

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Eritrea was 1,325,259,000 as of 2009. As the graph below shows, over the past 17 years this indicator reached a maximum value of 1,535,646,000 in 2004 and a minimum value of 445,272,100 in 1992.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 445,272,100
1993 638,671,200
1994 727,801,300
1995 882,217,800
1996 1,208,082,000
1997 1,446,708,000
1998 1,353,226,000
1999 1,391,262,000
2000 1,302,700,000
2001 1,194,564,000
2002 1,292,389,000
2003 1,468,549,000
2004 1,535,646,000
2005 1,397,409,000
2006 1,287,229,000
2007 1,309,569,000
2008 1,328,477,000
2009 1,325,259,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Eritrea was 21.82 as of 2009. Its highest value over the past 17 years was 25.91 in 2008, while its lowest value was 10.76 in 1992.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 10.76
1993 13.61
1994 12.80
1995 15.08
1996 18.91
1997 20.98
1998 19.28
1999 20.87
2000 19.16
2001 18.53
2002 19.17
2003 19.70
2004 19.61
2005 20.46
2006 18.15
2007 19.20
2008 25.91
2009 21.82

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts