External debt, end year in Eritrea
Eritrea: External debt, end year was 716.88 million current US$ in 2007. ◆ Volatile
External debt, end year in Eritrea, 1992–2007
Source: World Bank country economists. Measured in current US$.
Analysis
In 2007, external debt, end year in Eritrea stood at 716.88 million current US$. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 850.1% over ten years.
Over the whole period, external debt, end year in Eritrea peaked at 716.88 million current US$ in 2007 and was at its lowest, 0 current US$, in 1992.
Eritrea ranks 29th of 42 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt, end year in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 0 current US$ | — |
| 1993 | 2.40 million current US$ | — |
| 1994 | 29.06 million current US$ | +1113.2% |
| 1995 | 36.69 million current US$ | +26.3% |
| 1996 | 44.29 million current US$ | +20.7% |
| 1997 | 75.45 million current US$ | +70.4% |
| 1998 | 146.13 million current US$ | +93.7% |
| 1999 | 252.56 million current US$ | +72.8% |
| 2000 | 298.00 million current US$ | +18.0% |
| 2001 | 394.85 million current US$ | +32.5% |
| 2002 | 489.21 million current US$ | +23.9% |
| 2003 | 605.12 million current US$ | +23.7% |
| 2004 | 628.13 million current US$ | +3.8% |
| 2005 | 659.46 million current US$ | +5.0% |
| 2006 | 700.12 million current US$ | +6.2% |
| 2007 | 716.88 million current US$ | +2.4% |
Eritrea compared with similar countries
- Eritrea's 716.88 million current US$ is below the median for Sub-Saharan Africa, which is 1.39 billion current US$, 52% of the median. (38 countries reporting)
- Eritrea's 716.88 million current US$ is below the median for low income countries, which is 1.49 billion current US$, 48% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where External debt, end year in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +1113.2% | 2.40 million current US$ | 29.06 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 73.32 million current US$ | 0 current US$ | 252.56 million current US$ | 8 |
| 2000s | 561.47 million current US$ | 298.00 million current US$ | 716.88 million current US$ | 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 external debt, end year in Eritrea?
- External debt, end year in Eritrea was 716.88 million current US$ in 2007, according to World Bank country economists.
- What is the highest external debt, end year recorded in Eritrea?
- The highest recorded value was 716.88 million current US$ in 2007.
- What is the lowest external debt, end year recorded in Eritrea?
- The lowest recorded value was 0 current US$ in 1992.
- How does Eritrea rank for external debt, end year?
- Eritrea ranks 29th out of 42 countries with data for 2007.
- Is external debt, end year rising or falling in Eritrea?
- Over the last ten years it is up 850.1%. 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 US$). Statizoid updates them automatically from the source API.
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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 U.S. dollars.