Total government debt in Eritrea
Eritrea: Total government debt was 40.90 billion current LCU in 2009. ◆ Volatile
Total government debt in Eritrea, 1993–2009
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2009, total government debt in Eritrea stood at 40.90 billion current LCU. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 10.0% on the previous year and up 402.0% over ten years.
Over the whole period, total government debt in Eritrea peaked at 40.90 billion current LCU in 2009 and was at its lowest, 0 current LCU, in 2003.
That places Eritrea 32nd out of 44 countries with data for 2009, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.79 billion current LCU | 9.02 million current LCU | 8.15 billion current LCU | 7 |
| 2000s | 22.64 billion current LCU | 0 current LCU | 40.90 billion current LCU | 10 |
Countries ranked near Eritrea
More science & technology data for Eritrea
- Scientific and technical journal articles 29.08 (2023)
- Mobile phone subscriptions 2.02 million (2022)
- Mobile phone subscriptions per 100 people 59.12 per 100 people (2022)
- Mobile and landline phone subscriptions per 100 people 59.12 per 100 people (2022)
- Share of the population using the Internet 14.3% (2020)
- Number of people using the Internet 472,278 users (2020)
- Landline Internet subscriptions per 100 people 0.1654 per 100 people (2022)
- Landline Internet subscriptions 5,639 (2022)
- Landline Internet subscriptions per 100 people, by download speed 0.17 per 100 population (2022)
- Net official development assistance to medical research and basic health sectors 19.49 million millions of constant united states dollars (2023)
Frequently asked questions
- What is total government debt in Eritrea?
- Total government debt in Eritrea was 40.90 billion current LCU in 2009, according to World Bank country economists.
- What is the highest total government debt recorded in Eritrea?
- The highest recorded value was 40.90 billion current LCU in 2009.
- What is the lowest total government debt recorded in Eritrea?
- The lowest recorded value was 0 current LCU in 2003.
- How does Eritrea rank for total government debt?
- Eritrea ranks 32nd out of 44 countries with data for 2009.
- Is total government debt rising or falling in Eritrea?
- Over the last ten years it is up 402.0%. 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 government debt (current LCU). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.