Eritrea - Gross value added at factor cost
Gross value added at factor cost (current US$)
The latest value for Gross value added at factor cost (current US$) in Eritrea was $1,804,988,000 as of 2009. Over the past 17 years, the value for this indicator has fluctuated between $1,804,988,000 in 2009 and $405,836,400 in 1993.
Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1992 | $427,028,600 |
| 1993 | $405,836,400 |
| 1994 | $478,133,100 |
| 1995 | $519,281,200 |
| 1996 | $625,418,900 |
| 1997 | $615,453,000 |
| 1998 | $682,391,700 |
| 1999 | $629,124,500 |
| 2000 | $661,934,500 |
| 2001 | $702,136,400 |
| 2002 | $658,724,900 |
| 2003 | $799,639,000 |
| 2004 | $1,019,625,000 |
| 2005 | $1,025,417,000 |
| 2006 | $1,141,178,000 |
| 2007 | $1,259,958,000 |
| 2008 | $1,332,059,000 |
| 2009 | $1,804,988,000 |
Gross value added at factor cost (current LCU)
The value for Gross value added at factor cost (current LCU) in Eritrea was 27,751,690,000 as of 2009. As the graph below shows, over the past 17 years this indicator reached a maximum value of 27,751,690,000 in 2009 and a minimum value of 1,957,200,000 in 1992.
Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1992 | 1,957,200,000 |
| 1993 | 2,122,200,000 |
| 1994 | 2,945,300,000 |
| 1995 | 3,323,400,000 |
| 1996 | 3,975,600,000 |
| 1997 | 4,431,200,000 |
| 1998 | 5,023,700,000 |
| 1999 | 5,129,000,000 |
| 2000 | 6,371,119,000 |
| 2001 | 7,940,811,000 |
| 2002 | 9,194,614,000 |
| 2003 | 11,097,310,000 |
| 2004 | 14,058,080,000 |
| 2005 | 15,758,500,000 |
| 2006 | 17,545,610,000 |
| 2007 | 19,371,860,000 |
| 2008 | 20,480,400,000 |
| 2009 | 27,751,690,000 |
Gross value added at factor cost (constant LCU)
The value for Gross value added at factor cost (constant LCU) in Eritrea was 7,162,727,000 as of 2009. As the graph below shows, over the past 17 years this indicator reached a maximum value of 7,623,656,000 in 2007 and a minimum value of 3,552,718,000 in 1992.
Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1992 | 3,552,718,000 |
| 1993 | 3,767,673,000 |
| 1994 | 4,934,861,000 |
| 1995 | 5,065,391,000 |
| 1996 | 5,578,427,000 |
| 1997 | 5,945,993,000 |
| 1998 | 6,319,003,000 |
| 1999 | 6,289,756,000 |
| 2000 | 6,371,119,000 |
| 2001 | 7,142,182,000 |
| 2002 | 7,298,949,000 |
| 2003 | 7,138,677,000 |
| 2004 | 7,258,231,000 |
| 2005 | 7,519,980,000 |
| 2006 | 7,477,688,000 |
| 2007 | 7,623,656,000 |
| 2008 | 6,934,428,000 |
| 2009 | 7,162,727,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
