Central government debt, monetary system credit (current LCU) in Eritrea
Eritrea: Central government debt, monetary system credit (current LCU) was 27.13 billion current LCU in 2009. ◆ Volatile
Central government debt, monetary system credit in Eritrea, 1993–2009
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2009, central government debt, monetary system credit in Eritrea stood at 27.13 billion current LCU. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 12.9% on the previous year and up 364.8% over ten years.
Over the whole period, central government debt, monetary system credit in Eritrea peaked at 27.13 billion current LCU in 2009 and was at its lowest, 0 current LCU, in 1993.
That places Eritrea 24th out of 41 countries with data for 2009, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Central government debt, monetary system credit (current LCU) in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1993 | 0 current LCU | — |
| 1994 | 311.00 million current LCU | — |
| 1995 | 1.01 billion current LCU | +224.6% |
| 1996 | 1.81 billion current LCU | +79.5% |
| 1997 | 2.14 billion current LCU | +18.3% |
| 1998 | 4.05 billion current LCU | +88.9% |
| 1999 | 5.84 billion current LCU | +44.1% |
| 2000 | 7.83 billion current LCU | +34.1% |
| 2001 | 8.20 billion current LCU | +4.7% |
| 2002 | 10.24 billion current LCU | +24.9% |
| 2003 | 11.52 billion current LCU | +12.5% |
| 2004 | 13.50 billion current LCU | +17.2% |
| 2005 | 15.78 billion current LCU | +16.9% |
| 2006 | 17.42 billion current LCU | +10.4% |
| 2007 | 18.66 billion current LCU | +7.1% |
| 2008 | 24.03 billion current LCU | +28.7% |
| 2009 | 27.13 billion current LCU | +12.9% |
Eritrea compared with similar countries
- Eritrea's 27.13 billion current LCU is below the median for low income countries, which is 48.75 billion current LCU, 56% of the median. (14 countries reporting)
- Eritrea's 27.13 billion current LCU is below the median for Sub-Saharan Africa, which is 35.65 billion current LCU, 76% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Central government debt, monetary system credit (current LCU) in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +224.6% | 311.00 million current LCU | 1.01 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.17 billion current LCU | 0 current LCU | 5.84 billion current LCU | 7 |
| 2000s | 15.43 billion current LCU | 7.83 billion current LCU | 27.13 billion current LCU | 10 |
Countries ranked near Eritrea
More science & technology data for Eritrea
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2011)
- Mobile landline subscriptions, gaps filled 59.12 (2022)
- Mobile cellular subscriptions by country, per capita 0.5912 units per person (2022)
- Mobile cellular subscriptions by country, per unit of GDP 0.0001 units per US$ of GDP (2011)
- Mobile cellular subscriptions by country, gaps filled 2.02 million (2022)
- Mobile cellular subscriptions by country, per square kilometre 16.64 units per square kilometre (2022)
- Mobile landline subscriptions, annual growth rate 9.98 % change on previous year (2022)
- Mobile cellular subscriptions by country, annual growth rate 11.93 % change on previous year (2022)
- Scientific and technical journal articles 29.08 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is central government debt, monetary system credit in Eritrea?
- Central government debt, monetary system credit in Eritrea was 27.13 billion current LCU in 2009, according to World Bank country economists.
- What is the highest central government debt, monetary system credit recorded in Eritrea?
- The highest recorded value was 27.13 billion current LCU in 2009.
- What is the lowest central government debt, monetary system credit recorded in Eritrea?
- The lowest recorded value was 0 current LCU in 1993.
- How does Eritrea rank for central government debt, monetary system credit?
- Eritrea ranks 24th out of 41 countries with data for 2009.
- Is central government debt, monetary system credit rising or falling in Eritrea?
- Over the last ten years it is up 364.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Bank country economists, published as part of Central government debt, monetary system credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic debt consists of the outstanding stock or recognized, direct liabilities to the monetary system. Data are in current local currencies.