Eritrea vs North Africa: Debt on Concessional terms to GDP
Debt on Concessional terms to GDP over time
- Eritrea
- North Africa
How they compare
Eritrea currently reports 34.4% against 0.1% in North Africa, a difference of 34.3%.
That makes Eritrea's figure about 543.6 times North Africa's.
Across all 18 years both countries report, Eritrea has been ahead every year.
Eritrea ranks 9th and North Africa ranks 6th of 50 countries.
Eritrea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Eritrea | North Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13.6% | 0.2% | 13.4% | Eritrea |
| 2000s | 58.9% | 0.1% | 58.8% | Eritrea |
| 2010s | 38.0% | 0.1% | 37.9% | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher debt on concessional terms to gdp, Eritrea or North Africa?
- Eritrea, at 34.4% against 0.1% in North Africa as of 2011.
- What is the difference in debt on concessional terms to gdp between Eritrea and North Africa?
- 34.3%, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and North Africa?
- 18 years are reported by both, from 1994 to 2011.
- How do Eritrea and North Africa rank globally for debt on concessional terms to gdp?
- Eritrea ranks 9th and North Africa ranks 6th of 50 countries.
- Where does this data come from?
- World Bank, Global Development Finance, published as Debt on Concessional terms to GDP (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services.