External debt, end year in Eritrea
Eritrea: External debt, end year was 13.77 billion current LCU in 2009. ◆ Volatile
External debt, end year in Eritrea, 1993–2009
Source: World Bank country economists. Measured in current LCU.
Analysis
Eritrea recorded 13.77 billion current LCU for external debt, end year in 2009. That is the highest value across all 16 years on record.
The figure is up 4.7% on the previous year and up 495.8% over ten years.
Over the whole period, external debt, end year in Eritrea peaked at 13.77 billion current LCU in 2009 and was at its lowest, 9.02 million current LCU, in 1993.
That places Eritrea 34th out of 47 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.
External debt, end year in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1993 | 9.02 million current LCU | — |
| 1994 | 159.43 million current LCU | +1667.4% |
| 1995 | 200.87 million current LCU | +26.0% |
| 1996 | 238.91 million current LCU | +18.9% |
| 1997 | 472.49 million current LCU | +97.8% |
| 1998 | 974.55 million current LCU | +106.3% |
| 1999 | 2.31 billion current LCU | +137.1% |
| 2000 | 3.32 billion current LCU | +43.8% |
| 2001 | 5.82 billion current LCU | +75.0% |
| 2002 | 7.00 billion current LCU | +20.4% |
| 2004 | 8.66 billion current LCU | +23.7% |
| 2005 | 10.13 billion current LCU | +17.0% |
| 2006 | 10.76 billion current LCU | +6.2% |
| 2007 | 11.02 billion current LCU | +2.4% |
| 2008 | 13.14 billion current LCU | +19.3% |
| 2009 | 13.77 billion current LCU | +4.7% |
Eritrea compared with similar countries
- Eritrea's 13.77 billion current LCU is below the median for low income countries, which is 346.38 billion current LCU, 4% of the median. (16 countries reporting)
- Eritrea's 13.77 billion current LCU is below the median for Sub-Saharan Africa, which is 106.85 billion current LCU, 13% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where External debt, end year 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 |
|---|---|---|---|
| 1994 | +1667.4% | 9.02 million current LCU | 159.43 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 623.71 million current LCU | 9.02 million current LCU | 2.31 billion current LCU | 7 |
| 2000s | 9.29 billion current LCU | 3.32 billion current LCU | 13.77 billion current LCU | 9 |
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 external debt, end year in Eritrea?
- External debt, end year in Eritrea was 13.77 billion current LCU in 2009, according to World Bank country economists.
- What is the highest external debt, end year recorded in Eritrea?
- The highest recorded value was 13.77 billion current LCU in 2009.
- What is the lowest external debt, end year recorded in Eritrea?
- The lowest recorded value was 9.02 million current LCU in 1993.
- How does Eritrea rank for external debt, end year?
- Eritrea ranks 34th out of 47 countries with data for 2009.
- Is external debt, end year rising or falling in Eritrea?
- Over the last ten years it is up 495.8%. 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 External debt, end year (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
Foreign debt consists of the outstanding stock or recognized, direct liabilities of the government to the rest of the world, generated in the past and scheduled to be extinguished by government operations in the future or to continue as perpetual debt. Data are in current local currency.