Eritrea: Share of industry

* indicates monthly or quarterly data series
 Eritrea

Value added by industry as percent of GDP

 Latest value 21.82
 Year 2009
 Measure percent
 Data availability 1992 - 2009
 Average 18.56
 Min - Max 10.76 - 25.91
 Source The World Bank
For that indicator, we provide data for Eritrea from 1992 to 2009. The average value for Eritrea during that period was 18.56 percent with a minimum of 10.76 percent in 1992 and a maximum of 25.91 percent in 2008. The latest value from 2009 is 21.82 percent. For comparison, the world average in 2009 based on 185 countries is 26.37 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Eritrea - Share of industry - recent values

Historical chart
Eritrea - Share of industry - historical chart - 1992-2009




The importance of industry in the economy of Eritrea and other countries is measured as the value added of the industrial sector as percent of GDP. Industry includes mining, manufacturing, construction, electricity, water, and gas.
Definition: Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). 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 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.


 Related indicators Latest value Reference Measure
 Share of industry 21.82 2009 percent
 Share of manufacturing 5.49 2009 percent
 Industry value added 0.41 2009 billion U.S. dollars
 Manufacturing value added 0.10 2009 billion U.S. dollars
 Savings, percent of GDP 15.82 2000 percent
 Savings, in dollars 0.11 2000 billion U.S. dollars
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