Domestic financing, monetary system credit in Eritrea
Eritrea: Domestic financing, monetary system credit was 1.24 billion current LCU in 2007. ◆ Volatile
Domestic financing, monetary system credit in Eritrea, 1992–2007
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.
Domestic financing, monetary system credit in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 64.60 million current LCU | — |
| 1993 | 157.48 million current LCU | +143.8% |
| 1994 | 258.37 million current LCU | +64.1% |
| 1995 | 831.29 million current LCU | +221.7% |
| 1996 | 1.01 billion current LCU | +21.5% |
| 1997 | -256.85 million current LCU | -125.4% |
| 1998 | 1.89 billion current LCU | -837.2% |
| 1999 | 2.76 billion current LCU | +45.8% |
| 2000 | 2.13 billion current LCU | -22.7% |
| 2001 | 1.89 billion current LCU | -11.6% |
| 2002 | 2.26 billion current LCU | +19.7% |
| 2003 | 1.35 billion current LCU | -40.1% |
| 2004 | 2.08 billion current LCU | +54.1% |
| 2005 | 2.50 billion current LCU | +20.0% |
| 2006 | 1.64 billion current LCU | -34.3% |
| 2007 | 1.24 billion current LCU | -24.3% |
Eritrea compared with similar countries
- Eritrea's 1.24 billion current LCU is above the median for Sub-Saharan Africa, which is 100.00 million current LCU, 12.4× the median. (45 countries reporting)
- Eritrea's 1.24 billion current LCU is above the median for low income countries, which is 1.05 billion current LCU, 1.2× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Domestic financing, monetary system credit 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 |
|---|---|---|---|
| 1998 | +837.2% | -256.85 million current LCU | 1.89 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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.
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About this data
Domestic financing, monetary system credit. Data are in current local currency.