Debt outstanding and disbursed, Total to GDP in Eritrea
Eritrea: Debt outstanding and disbursed, Total to GDP was 40.5% in 2011. ◆ Volatile
Debt outstanding and disbursed, Total to GDP in Eritrea, 1994–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, debt outstanding and disbursed, total to gdp in Eritrea stood at 40.5%.
The figure is down 17.8% on the previous year and down 35.7% over ten years.
Over the whole period, debt outstanding and disbursed, total to gdp in Eritrea peaked at 80.1% in 2002 and was at its lowest, 5.5%, in 1994.
That places Eritrea 14th out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt outstanding and disbursed, Total to GDP in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 5.5% | — |
| 1995 | 6.3% | +16.1% |
| 1996 | 6.4% | +0.6% |
| 1997 | 11.0% | +72.1% |
| 1998 | 19.6% | +78.3% |
| 1999 | 39.7% | +102.4% |
| 2000 | 52.0% | +31.1% |
| 2001 | 62.9% | +21.0% |
| 2002 | 80.1% | +27.2% |
| 2003 | 75.4% | -5.8% |
| 2004 | 68.5% | -9.1% |
| 2005 | 68.9% | +0.6% |
| 2006 | 67.9% | -1.5% |
| 2007 | 68.0% | +0.1% |
| 2008 | 72.3% | +6.3% |
| 2009 | 56.6% | -21.7% |
| 2010 | 49.2% | -13.1% |
| 2011 | 40.5% | -17.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.7% | 5.5% | 39.7% | 6 |
| 2000s | 67.3% | 52.0% | 80.1% | 10 |
| 2010s | 44.8% | 40.5% | 49.2% | 2 |
Countries ranked near Eritrea
- 11 Tunisia 48.1% compare
- 12 Comoros 45.5% compare
- 13 Tanzania, United Republic of 42.1% compare
- 15 Sierra Leone 35.3% compare
- 16 Congo, Democratic Republic of the 34.8% compare
- 17 Sudan 33.0% compare
More external debt data for Eritrea
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2011)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.1% (2011)
- Net financial flows, IDA 0 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.006 NFL, current US$ per US$ of GDP (2011)
- Public and publicly guaranteed debt service 2.8% (2000)
- Net financial flows, IDA (NFL, current US$), per square kilometre 0 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is debt outstanding and disbursed, total to gdp in Eritrea?
- Debt outstanding and disbursed, total to gdp in Eritrea was 40.5% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt outstanding and disbursed, total to gdp recorded in Eritrea?
- The highest recorded value was 80.1% in 2002.
- What is the lowest debt outstanding and disbursed, total to gdp recorded in Eritrea?
- The lowest recorded value was 5.5% in 1994.
- How does Eritrea rank for debt outstanding and disbursed, total to gdp?
- Eritrea ranks 14th out of 50 countries with data for 2011.
- Is debt outstanding and disbursed, total to gdp rising or falling in Eritrea?
- Over the last ten years it is down 35.7%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt outstanding and disbursed, Total to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data expressed as a percentage of GDP at market prices.