Debt service on external debt, public and publicly guaranteed (PPG) in Eritrea
Eritrea: Debt service on external debt, public and publicly guaranteed (PPG) was 34.84 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Eritrea, 1998–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Eritrea stood at 34.84 % change on previous year.
The figure is up 1,030.6% on the previous year and up 169.4% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Eritrea peaked at 603.72 % change on previous year in 1998 and was at its lowest, -53.47 % change on previous year, in 2007.
Eritrea ranks 28th of 122 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1998 | 603.72 % change on previous year | — |
| 1999 | -8.08 % change on previous year | -101.3% |
| 2000 | -8.94 % change on previous year | +10.7% |
| 2001 | 104.05 % change on previous year | -1264.4% |
| 2002 | 47.09 % change on previous year | -54.7% |
| 2003 | 21.94 % change on previous year | -53.4% |
| 2004 | 73.87 % change on previous year | +236.6% |
| 2005 | 6.86 % change on previous year | -90.7% |
| 2006 | -39.13 % change on previous year | -670.0% |
| 2007 | -53.47 % change on previous year | +36.6% |
| 2008 | 172.12 % change on previous year | -421.9% |
| 2009 | 38.3 % change on previous year | -77.7% |
| 2010 | 23.6 % change on previous year | -38.4% |
| 2011 | -18.42 % change on previous year | -178.0% |
| 2012 | 327.87 % change on previous year | -1879.8% |
| 2013 | -6.75 % change on previous year | -102.1% |
| 2014 | -50.21 % change on previous year | +644.3% |
| 2015 | -27.81 % change on previous year | -44.6% |
| 2016 | -18.29 % change on previous year | -34.2% |
| 2017 | 0.1889 % change on previous year | -101.0% |
| 2018 | 4.21 % change on previous year | +2127.8% |
| 2019 | -26.21 % change on previous year | -722.9% |
| 2020 | -4.11 % change on previous year | -84.3% |
| 2021 | 2.7 % change on previous year | -165.7% |
| 2022 | -21.59 % change on previous year | -900.4% |
| 2023 | -3.74 % change on previous year | -82.7% |
| 2024 | 34.84 % change on previous year | -1030.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 297.82 % change on previous year | -8.08 % change on previous year | 603.72 % change on previous year | 2 |
| 2000s | 36.27 % change on previous year | -53.47 % change on previous year | 172.12 % change on previous year | 10 |
| 2010s | 20.82 % change on previous year | -50.21 % change on previous year | 327.87 % change on previous year | 10 |
| 2020s | 1.62 % change on previous year | -21.59 % change on previous year | 34.84 % change on previous year | 5 |
Countries ranked near Eritrea
- 25 Indonesia 46.67 % change on previous year compare
- 26 Mexico 43.44 % change on previous year compare
- 27 Uzbekistan 37.64 % change on previous year compare
- 29 Brazil 33.59 % change on previous year compare
- 30 Mozambique 32.88 % change on previous year compare
- 31 Tunisia 27.55 % change on previous year 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 service on external debt, public and publicly guaranteed (ppg) in Eritrea?
- Debt service on external debt, public and publicly guaranteed (ppg) in Eritrea was 34.84 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Eritrea?
- The highest recorded value was 603.72 % change on previous year in 1998.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Eritrea?
- The lowest recorded value was -53.47 % change on previous year in 2007.
- How does Eritrea rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Eritrea ranks 28th out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Eritrea?
- Over the last ten years it is up 169.4%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.