Total expenditure and net lending in Eritrea
Eritrea: Total expenditure and net lending was 8.96 billion current LCU in 2009. ◆ Volatile
Total expenditure and net lending in Eritrea, 1992–2009
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for total expenditure and net lending in Eritrea is 8.96 billion current LCU, measured in 2009.
That represents a change of down 8.9% on the previous year and up 63.5% over ten years.
Over the whole period, total expenditure and net lending in Eritrea peaked at 9.84 billion current LCU in 2008 and was at its lowest, 553.40 million current LCU, in 1992.
Eritrea ranks 46th of 51 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total expenditure and net lending in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1992 | 553.40 million current LCU | — |
| 1993 | 1.32 billion current LCU | +138.1% |
| 1994 | 1.42 billion current LCU | +7.8% |
| 1995 | 2.47 billion current LCU | +73.9% |
| 1996 | 2.52 billion current LCU | +1.9% |
| 1997 | 2.56 billion current LCU | +1.8% |
| 1998 | 4.22 billion current LCU | +64.7% |
| 1999 | 5.48 billion current LCU | +29.9% |
| 2000 | 5.81 billion current LCU | +6.0% |
| 2001 | 6.12 billion current LCU | +5.3% |
| 2002 | 6.40 billion current LCU | +4.7% |
| 2003 | 7.84 billion current LCU | +22.4% |
| 2004 | 8.43 billion current LCU | +7.5% |
| 2005 | 9.54 billion current LCU | +13.2% |
| 2006 | 7.27 billion current LCU | -23.7% |
| 2007 | 7.14 billion current LCU | -1.8% |
| 2008 | 9.84 billion current LCU | +37.8% |
| 2009 | 8.96 billion current LCU | -8.9% |
Eritrea compared with similar countries
- Eritrea's 8.96 billion current LCU is below the median for low income countries, which is 376.50 billion current LCU, 2% of the median. (19 countries reporting)
- Eritrea's 8.96 billion current LCU is below the median for Sub-Saharan Africa, which is 486.62 billion current LCU, 2% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Total expenditure and net lending 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 | +138.1% | 553.40 million current LCU | 1.32 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.57 billion current LCU | 553.40 million current LCU | 5.48 billion current LCU | 8 |
| 2000s | 7.74 billion current LCU | 5.81 billion current LCU | 9.84 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 total expenditure and net lending in Eritrea?
- Total expenditure and net lending in Eritrea was 8.96 billion current LCU in 2009, according to World Bank country economists.
- What is the highest total expenditure and net lending recorded in Eritrea?
- The highest recorded value was 9.84 billion current LCU in 2008.
- What is the lowest total expenditure and net lending recorded in Eritrea?
- The lowest recorded value was 553.40 million current LCU in 1992.
- How does Eritrea rank for total expenditure and net lending?
- Eritrea ranks 46th out of 51 countries with data for 2009.
- Is total expenditure and net lending rising or falling in Eritrea?
- Over the last ten years it is up 63.5%. 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 Total expenditure and net lending (current LCU). Statizoid updates them automatically from the source API.
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About this data
Total expenditure and net lending includes both current and capital (development) expenditures and includes lending minus repayments. Data are shown for central government only. Data are in current local currency.