Eritrea vs Namibia: Total government debt
Total government debt over time
- Eritrea
- Namibia
How they compare
Eritrea currently reports 40.90 billion current LCU against 26.52 billion current LCU in Namibia, a difference of 14.38 billion current LCU.
That makes Eritrea's figure about 1.5 times Namibia's.
The two have swapped places 3 times across 17 shared years of data; in 1993 it was Namibia ahead.
Eritrea ranks 32nd and Namibia ranks 35th of 44 countries.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.