External borrowing, net in Eritrea

Eritrea: External borrowing, net was 242.00 million current LCU in 2007. ◆ Volatile

Latest (2007)
242.00 million current LCU
Change on year
down 66.7%
World rank
37th
of 50 countries
All-time high
1.04 billion current LCU
in 2004
All-time low
0 current LCU
in 1992
Years of data
16
1992–2007

External borrowing, net in Eritrea, 1992–2007

0250.0M500.0M750.0M1.0B1992199920071992: 0 current LCU1993: 1.3M current LCU1994: 154.2M current LCU1995: 46.0M current LCU1996: 54.7M current LCU1997: 204.8M current LCU1998: 194.9M current LCU1999: 521.7M current LCU2000: 423.7M current LCU2001: 946.4M current LCU2002: 732.8M current LCU2003: 876.8M current LCU2004: 1.0B current LCU2005: 769.4M current LCU2006: 727.4M current LCU2007: 242.0M current LCU

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

Analysis

Eritrea recorded 242.00 million current LCU for external borrowing, net in 2007.

The figure is down 66.7% on the previous year and up 18.2% over ten years.

Over the whole period, external borrowing, net in Eritrea peaked at 1.04 billion current LCU in 2004 and was at its lowest, 0 current LCU, in 1992.

That places Eritrea 37th out of 50 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 147.20 million current LCU 0 current LCU 521.70 million current LCU 8
2000s 719.80 million current LCU 242.00 million current LCU 1.04 billion current LCU 8

Countries ranked near Eritrea

  1. 34 Gambia 857.00 million current LCU compare
  2. 35 Ghana 829.87 million current LCU compare
  3. 36 Namibia 552.00 million current LCU compare
  4. 38 Cape Verde 14,484 current LCU compare
  5. 39 Kenya 0 current LCU compare
  6. 39 Mali 0 current LCU compare

See the full ranking of 50 places →

More science & technology data for Eritrea

All data for Eritrea →

Frequently asked questions

What is external borrowing, net in Eritrea?
External borrowing, net in Eritrea was 242.00 million current LCU in 2007, according to World Bank country economists.
What is the highest external borrowing, net recorded in Eritrea?
The highest recorded value was 1.04 billion current LCU in 2004.
What is the lowest external borrowing, net recorded in Eritrea?
The lowest recorded value was 0 current LCU in 1992.
How does Eritrea rank for external borrowing, net?
Eritrea ranks 37th out of 50 countries with data for 2007.
Is external borrowing, net rising or falling in Eritrea?
Over the last ten years it is up 18.2%. 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 External borrowing, net (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
External borrowing, net (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,388 data points, 1965–2011
Last refreshed

Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.