Central government debt, monetary system credit in Eritrea

Eritrea: Central government debt, monetary system credit was 27.13 billion current LCU in 2009. ◆ Volatile

Latest (2009)
27.13 billion current LCU
Change on year
up 12.9%
World rank
24th
of 41 countries
All-time high
27.13 billion current LCU
in 2009
All-time low
0 current LCU
in 1993
Years of data
17
1993–2009

Central government debt, monetary system credit in Eritrea, 1993–2009

010.0B20.0B30.0B1993200120091993: 0 current LCU1994: 311.0M current LCU1995: 1.0B current LCU1996: 1.8B current LCU1997: 2.1B current LCU1998: 4.0B current LCU1999: 5.8B current LCU2000: 7.8B current LCU2001: 8.2B current LCU2002: 10.2B current LCU2003: 11.5B current LCU2004: 13.5B current LCU2005: 15.8B current LCU2006: 17.4B current LCU2007: 18.7B current LCU2008: 24.0B current LCU2009: 27.1B current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 21 Malawi 36.91 billion current LCU compare
  2. 22 Burundi 34.38 billion current LCU compare
  3. 23 Guinea-Bissau 33.08 billion current LCU compare
  4. 25 Namibia 21.12 billion current LCU compare
  5. 26 Eswatini 5.34 billion current LCU compare
  6. 27 Seychelles 3.23 billion current LCU compare

See the full ranking of 41 places →

More science & technology data for Eritrea

All data for Eritrea →

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

Indicator
Central government debt, monetary system credit (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
41 places, 819 data points, 1965–2011
Last refreshed

Domestic debt consists of the outstanding stock or recognized, direct liabilities to the monetary system. Data are in current local currencies.