Debt service on external debt, public and publicly guaranteed (PPG) in Eritrea
Eritrea: Debt service on external debt, public and publicly guaranteed (PPG) was 19.66 million TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Eritrea, 1995–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Eritrea stood at 19.66 million TDS, current US$.
The figure is up 34.8% on the previous year and down 54.5% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Eritrea peaked at 92.98 million TDS, current US$ in 2012 and was at its lowest, 150,000 TDS, current US$, in 1995.
Eritrea ranks 115th of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Eritrea, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1995 | 150,000 TDS, current US$ | — |
| 1997 | 504,638 TDS, current US$ | +236.4% |
| 1998 | 3.55 million TDS, current US$ | +603.7% |
| 1999 | 3.26 million TDS, current US$ | -8.1% |
| 2000 | 2.97 million TDS, current US$ | -8.9% |
| 2001 | 6.07 million TDS, current US$ | +104.0% |
| 2002 | 8.92 million TDS, current US$ | +47.1% |
| 2003 | 10.88 million TDS, current US$ | +21.9% |
| 2004 | 18.92 million TDS, current US$ | +73.9% |
| 2005 | 20.22 million TDS, current US$ | +6.9% |
| 2006 | 12.31 million TDS, current US$ | -39.1% |
| 2007 | 5.73 million TDS, current US$ | -53.5% |
| 2008 | 15.58 million TDS, current US$ | +172.1% |
| 2009 | 21.55 million TDS, current US$ | +38.3% |
| 2010 | 26.64 million TDS, current US$ | +23.6% |
| 2011 | 21.73 million TDS, current US$ | -18.4% |
| 2012 | 92.98 million TDS, current US$ | +327.9% |
| 2013 | 86.71 million TDS, current US$ | -6.7% |
| 2014 | 43.18 million TDS, current US$ | -50.2% |
| 2015 | 31.17 million TDS, current US$ | -27.8% |
| 2016 | 25.47 million TDS, current US$ | -18.3% |
| 2017 | 25.51 million TDS, current US$ | +0.2% |
| 2018 | 26.59 million TDS, current US$ | +4.2% |
| 2019 | 19.62 million TDS, current US$ | -26.2% |
| 2020 | 18.81 million TDS, current US$ | -4.1% |
| 2021 | 19.32 million TDS, current US$ | +2.7% |
| 2022 | 15.15 million TDS, current US$ | -21.6% |
| 2023 | 14.58 million TDS, current US$ | -3.7% |
| 2024 | 19.66 million TDS, current US$ | +34.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.87 million TDS, current US$ | 150,000 TDS, current US$ | 3.55 million TDS, current US$ | 4 |
| 2000s | 12.31 million TDS, current US$ | 2.97 million TDS, current US$ | 21.55 million TDS, current US$ | 10 |
| 2010s | 39.96 million TDS, current US$ | 19.62 million TDS, current US$ | 92.98 million TDS, current US$ | 10 |
| 2020s | 17.51 million TDS, current US$ | 14.58 million TDS, current US$ | 19.66 million TDS, current US$ | 5 |
Countries ranked near Eritrea
- 112 Guinea-Bissau 31.59 million TDS, current US$ compare
- 113 Timor-Leste 24.33 million TDS, current US$ compare
- 114 Burundi 21.19 million TDS, current US$ compare
- 116 Comoros 16.16 million TDS, current US$ compare
- 117 Vanuatu 15.37 million TDS, current US$ compare
- 118 Central African Republic 14.07 million TDS, current US$ 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 19.66 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Eritrea?
- The highest recorded value was 92.98 million TDS, current US$ in 2012.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Eritrea?
- The lowest recorded value was 150,000 TDS, current US$ in 1995.
- How does Eritrea rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Eritrea ranks 115th 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 down 54.5%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.