Interest on external debt in Eritrea
Eritrea: Interest on external debt was 212.00 million current LCU in 2009. ◆ Volatile
Interest on external debt in Eritrea, 1992–2009
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for interest on external debt in Eritrea is 212.00 million current LCU, measured in 2009. That is the highest value across all 18 years on record.
That represents a change of up 51.4% on the previous year and up 739.6% over ten years.
Over the whole period, interest on external debt in Eritrea peaked at 212.00 million current LCU in 2009 and was at its lowest, 0 current LCU, in 1992.
Eritrea ranks 39th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest on external debt in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 0 current LCU | — |
| 1993 | 0 current LCU | — |
| 1994 | 800,184 current LCU | — |
| 1995 | 2.11 million current LCU | +164.2% |
| 1996 | 2.51 million current LCU | +18.9% |
| 1997 | 3.84 million current LCU | +52.9% |
| 1998 | 4.40 million current LCU | +14.5% |
| 1999 | 25.25 million current LCU | +473.9% |
| 2000 | 17.96 million current LCU | -28.9% |
| 2001 | 63.66 million current LCU | +254.4% |
| 2002 | 111.91 million current LCU | +75.8% |
| 2003 | 104.06 million current LCU | -7.0% |
| 2004 | 142.50 million current LCU | +36.9% |
| 2005 | 132.66 million current LCU | -6.9% |
| 2006 | 98.35 million current LCU | -25.9% |
| 2007 | 73.00 million current LCU | -25.8% |
| 2008 | 140.00 million current LCU | +91.8% |
| 2009 | 212.00 million current LCU | +51.4% |
Eritrea compared with similar countries
- Eritrea's 212.00 million current LCU is below the median for Sub-Saharan Africa, which is 4.02 billion current LCU, 5% of the median. (46 countries reporting)
- Eritrea's 212.00 million current LCU is below the median for low income countries, which is 4.87 billion current LCU, 4% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Interest on external 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 |
|---|---|---|---|
| 1999 | +473.9% | 4.40 million current LCU | 25.25 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.86 million current LCU | 0 current LCU | 25.25 million current LCU | 8 |
| 2000s | 109.61 million current LCU | 17.96 million current LCU | 212.00 million current LCU | 10 |
Countries ranked near Eritrea
- 36 Central African Republic 300.00 million current LCU compare
- 37 Seychelles 293.00 million current LCU compare
- 38 Sudan 213.67 million current LCU compare
- 40 Eswatini 209.00 million current LCU compare
- 41 Guinea-Bissau 200.00 million current LCU compare
- 42 Zimbabwe 198.43 million current LCU compare
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 external debt in Eritrea?
- Interest on external debt in Eritrea was 212.00 million current LCU in 2009, according to World Bank country economists.
- What is the highest interest on external debt recorded in Eritrea?
- The highest recorded value was 212.00 million current LCU in 2009.
- What is the lowest interest on external debt recorded in Eritrea?
- The lowest recorded value was 0 current LCU in 1992.
- How does Eritrea rank for interest on external debt?
- Eritrea ranks 39th out of 50 countries with data for 2009.
- Is interest on external debt rising or falling in Eritrea?
- Over the last ten years it is up 739.6%. 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 external debt (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest on external debt (current LCU). Data are in current local currency.