Interest on domestic debt in Eritrea
Eritrea: Interest on domestic debt was 721.00 million current LCU in 2009. ◆ Volatile
Interest on domestic debt in Eritrea, 1992–2009
Source: World Bank country economists. Measured in current LCU.
Analysis
Eritrea recorded 721.00 million current LCU for interest on domestic debt in 2009. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 11.3% on the previous year and up 614.6% over ten years.
Over the whole period, interest on domestic debt in Eritrea peaked at 721.00 million current LCU in 2009 and was at its lowest, 0 current LCU, in 1992.
Eritrea ranks 36th of 50 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.
Interest on domestic debt in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 0 current LCU | — |
| 1993 | 900,000 current LCU | — |
| 1994 | 3.40 million current LCU | +277.8% |
| 1995 | 16.90 million current LCU | +397.1% |
| 1996 | 36.20 million current LCU | +114.2% |
| 1997 | 49.30 million current LCU | +36.2% |
| 1998 | 62.90 million current LCU | +27.6% |
| 1999 | 100.90 million current LCU | +60.4% |
| 2000 | 157.02 million current LCU | +55.6% |
| 2001 | 202.49 million current LCU | +29.0% |
| 2002 | 239.18 million current LCU | +18.1% |
| 2003 | 278.00 million current LCU | +16.2% |
| 2004 | 331.80 million current LCU | +19.4% |
| 2005 | 395.41 million current LCU | +19.2% |
| 2006 | 502.84 million current LCU | +27.2% |
| 2007 | 560.00 million current LCU | +11.4% |
| 2008 | 648.00 million current LCU | +15.7% |
| 2009 | 721.00 million current LCU | +11.3% |
Eritrea compared with similar countries
- Eritrea's 721.00 million current LCU is below the median for Sub-Saharan Africa, which is 3.25 billion current LCU, 22% of the median. (46 countries reporting)
- Eritrea's 721.00 million current LCU is below the median for low income countries, which is 3.00 billion current LCU, 24% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Interest on domestic debt 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 |
|---|---|---|---|
| 1995 | +397.1% | 3.40 million current LCU | 16.90 million current LCU |
| 1994 | +277.8% | 900,000 current LCU | 3.40 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.81 million current LCU | 0 current LCU | 100.90 million current LCU | 8 |
| 2000s | 403.57 million current LCU | 157.02 million current LCU | 721.00 million current LCU | 10 |
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 interest on domestic debt in Eritrea?
- Interest on domestic debt in Eritrea was 721.00 million current LCU in 2009, according to World Bank country economists.
- What is the highest interest on domestic debt recorded in Eritrea?
- The highest recorded value was 721.00 million current LCU in 2009.
- What is the lowest interest on domestic debt recorded in Eritrea?
- The lowest recorded value was 0 current LCU in 1992.
- How does Eritrea rank for interest on domestic debt?
- Eritrea ranks 36th out of 50 countries with data for 2009.
- Is interest on domestic debt rising or falling in Eritrea?
- Over the last ten years it is up 614.6%. 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 Interest on domestic debt (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest on domestic debt. Data are in current local currency.