Domestic financing, monetary system credit in Eritrea

Eritrea: Domestic financing, monetary system credit was 1.24 billion current LCU in 2007. ◆ Volatile

Latest (2007)
1.24 billion current LCU
Change on year
down 24.3%
World rank
19th
of 49 countries
All-time high
2.76 billion current LCU
in 1999
All-time low
-256.85 million current LCU
in 1997
Years of data
16
1992–2007

Domestic financing, monetary system credit in Eritrea, 1992–2007

01.0B2.0B3.0B1992199920071992: 64.6M current LCU1993: 157.5M current LCU1994: 258.4M current LCU1995: 831.3M current LCU1996: 1.0B current LCU1997: -256.9M current LCU1998: 1.9B current LCU1999: 2.8B current LCU2000: 2.1B current LCU2001: 1.9B current LCU2002: 2.3B current LCU2003: 1.4B current LCU2004: 2.1B current LCU2005: 2.5B current LCU2006: 1.6B current LCU2007: 1.2B current LCU

Source: World Bank country economists. Measured in current LCU.

Analysis

The most recent figure for domestic financing, monetary system credit in Eritrea is 1.24 billion current LCU, measured in 2007.

That represents a change of down 24.3% on the previous year and up 583.9% over ten years.

Over the whole period, domestic financing, monetary system credit in Eritrea peaked at 2.76 billion current LCU in 1999 and was at its lowest, -256.85 million current LCU, in 1997.

That places Eritrea 19th out of 49 countries with data for 2007, 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 839.97 million current LCU -256.85 million current LCU 2.76 billion current LCU 8
2000s 1.89 billion current LCU 1.24 billion current LCU 2.50 billion current LCU 8

Countries ranked near Eritrea

  1. 16 Ethiopia 5.00 billion current LCU compare
  2. 17 Niger 3.20 billion current LCU compare
  3. 18 Morocco 2.86 billion current LCU compare
  4. 20 Botswana 1.20 billion current LCU compare
  5. 21 Sudan 852.00 million current LCU compare
  6. 22 Namibia 273.25 million current LCU compare

See the full ranking of 49 places →

More science & technology data for Eritrea

All data for Eritrea →

Frequently asked questions

What is domestic financing, monetary system credit in Eritrea?
Domestic financing, monetary system credit in Eritrea was 1.24 billion current LCU in 2007, according to World Bank country economists.
What is the highest domestic financing, monetary system credit recorded in Eritrea?
The highest recorded value was 2.76 billion current LCU in 1999.
What is the lowest domestic financing, monetary system credit recorded in Eritrea?
The lowest recorded value was -256.85 million current LCU in 1997.
How does Eritrea rank for domestic financing, monetary system credit?
Eritrea ranks 19th out of 49 countries with data for 2007.
Is domestic financing, monetary system credit rising or falling in Eritrea?
Over the last ten years it is up 583.9%. 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 Domestic financing, monetary system credit (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Domestic financing, monetary system credit (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
49 places, 1,361 data points, 1965–2011
Last refreshed

Domestic financing, monetary system credit. Data are in current local currency.