Eritrea: Share of manufacturing

* indicates monthly or quarterly data series
 Eritrea

Value added by the manufacturing sector as percent of GDP

 Latest value 5.49
 Year 2009
 Measure percent
 Data availability 1992 - 2009
 Average 7.87
 Min - Max 5.46 - 9.59
 Source The World Bank
The latest value from 2009 is 5.49 percent, a decline from 6.52 percent in 2008. In comparison, the world average is 11.83 percent, based on data from 176 countries. Historically, the average for Eritrea from 1992 to 2009 is 7.87 percent. The minimum value, 5.46 percent, was reached in 2007 while the maximum of 9.59 percent was recorded in 1997. 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 data
Eritrea - Share of manufacturing - Recent values chart

Historical series
Eritrea - Share of manufacturing - historical chart - 1992-2009




The importance of manufacturing in the economy of Eritrea and other countries is measured as the value added of manufacturing as percent of GDP. Manufacturing is part of the industrial sector of the economy.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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 Related indicators Latest 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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