Overall surplus/deficit, excluding current grants in Eritrea
Eritrea: Overall surplus/deficit, excluding current grants was -16.17 billion current LCU in 2009. ◆ Volatile
Overall surplus/deficit, excluding current grants in Eritrea, 1992–2009
Source: World Bank country economists. Measured in current LCU.
Analysis
Eritrea recorded -16.17 billion current LCU for overall surplus/deficit, excluding current grants in 2009. That is the lowest value across all 18 years on record.
That represents a change of down 85.9% on the previous year and down 342.8% over ten years.
Over the whole period, overall surplus/deficit, excluding current grants in Eritrea peaked at -64.90 million current LCU in 1992 and was at its lowest, -16.17 billion current LCU, in 2009.
Eritrea ranks 21st 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.
Overall surplus/deficit, excluding current grants in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | -64.90 million current LCU | — |
| 1993 | -427.00 million current LCU | +557.9% |
| 1994 | -469.70 million current LCU | +10.0% |
| 1995 | -1.15 billion current LCU | +144.7% |
| 1996 | -1.14 billion current LCU | -0.4% |
| 1997 | -594.52 million current LCU | -48.1% |
| 1998 | -2.45 billion current LCU | +312.8% |
| 1999 | -3.65 billion current LCU | +48.8% |
| 2000 | -3.77 billion current LCU | +3.2% |
| 2001 | -4.14 billion current LCU | +9.7% |
| 2002 | -3.82 billion current LCU | -7.7% |
| 2003 | -3.91 billion current LCU | +2.5% |
| 2004 | -4.84 billion current LCU | +23.8% |
| 2005 | -5.08 billion current LCU | +5.0% |
| 2006 | -3.00 billion current LCU | -41.0% |
| 2007 | -2.53 billion current LCU | -15.5% |
| 2008 | -8.70 billion current LCU | +243.1% |
| 2009 | -16.17 billion current LCU | +85.9% |
Eritrea compared with similar countries
- Eritrea's -16.17 billion current LCU is above the median for low income countries, which is -74.03 billion current LCU, 22% of the median. (18 countries reporting)
- Eritrea's -16.17 billion current LCU is above the median for Sub-Saharan Africa, which is -32.01 billion current LCU, 51% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Overall surplus/deficit, excluding current grants 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 |
|---|---|---|---|
| 1993 | -557.9% | -64.90 million current LCU | -427.00 million current LCU |
| 1998 | -312.8% | -594.52 million current LCU | -2.45 billion current LCU |
| 2008 | -243.1% | -2.53 billion current LCU | -8.70 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.24 billion current LCU | -3.65 billion current LCU | -64.90 million current LCU | 8 |
| 2000s | -5.60 billion current LCU | -16.17 billion current LCU | -2.53 billion 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 overall surplus/deficit, excluding current grants in Eritrea?
- Overall surplus/deficit, excluding current grants in Eritrea was -16.17 billion current LCU in 2009, according to World Bank country economists.
- What is the highest overall surplus/deficit, excluding current grants recorded in Eritrea?
- The highest recorded value was -64.90 million current LCU in 1992.
- What is the lowest overall surplus/deficit, excluding current grants recorded in Eritrea?
- The lowest recorded value was -16.17 billion current LCU in 2009.
- How does Eritrea rank for overall surplus/deficit, excluding current grants?
- Eritrea ranks 21st out of 50 countries with data for 2009.
- Is overall surplus/deficit, excluding current grants rising or falling in Eritrea?
- Over the last ten years it is down 342.8%. 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 Overall surplus/deficit, excluding current grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Overall budget surplus/deficit (excluding current grants) is current and capital revenue excluding current grants, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.