Eritrea - 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

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts