Debt service on external debt, total (TDS, current US$) … annual in Eritrea
Eritrea: Debt service on external debt, total (TDS, current US$) … annual was 31.51 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, total (TDS, current US$), annual in Eritrea, 1998–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, debt service on external debt, total (tds, current us$), annual in Eritrea stood at 31.51 % change on previous year.
That represents a change of up 1,004.0% on the previous year and up 163.4% over ten years.
Over the whole period, debt service on external debt, total (tds, current us$), annual in Eritrea peaked at 603.72 % change on previous year in 1998 and was at its lowest, -49.72 % change on previous year, in 2014.
That places Eritrea 27th out of 121 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total (TDS, current US$) … annual in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1998 | 603.72 % change on previous year | — |
| 1999 | 14.45 % change on previous year | -97.6% |
| 2000 | 12.69 % change on previous year | -12.2% |
| 2001 | 50.62 % change on previous year | +298.8% |
| 2002 | 43.04 % change on previous year | -15.0% |
| 2003 | 19.74 % change on previous year | -54.1% |
| 2004 | 72.91 % change on previous year | +269.4% |
| 2005 | 7.95 % change on previous year | -89.1% |
| 2006 | -36.34 % change on previous year | -556.9% |
| 2007 | -47.88 % change on previous year | +31.7% |
| 2008 | 119.93 % change on previous year | -350.5% |
| 2009 | 35.06 % change on previous year | -70.8% |
| 2010 | 23.43 % change on previous year | -33.2% |
| 2011 | -18.29 % change on previous year | -178.1% |
| 2012 | 324.58 % change on previous year | -1874.6% |
| 2013 | -6.65 % change on previous year | -102.0% |
| 2014 | -49.72 % change on previous year | +647.5% |
| 2015 | -26.93 % change on previous year | -45.8% |
| 2016 | -20.04 % change on previous year | -25.6% |
| 2017 | -0.0035 % change on previous year | -100.0% |
| 2018 | 4.84 % change on previous year | -137371.4% |
| 2019 | -25.91 % change on previous year | -635.4% |
| 2020 | -4.78 % change on previous year | -81.6% |
| 2021 | 2.46 % change on previous year | -151.4% |
| 2022 | -18.92 % change on previous year | -870.6% |
| 2023 | 2.85 % change on previous year | -115.1% |
| 2024 | 31.51 % change on previous year | +1004.0% |
Eritrea compared with similar countries
- Eritrea's 31.51 % change on previous year is above the median for low income countries, which is 0.1043 % change on previous year, 302.2× the median. (23 countries reporting)
- Eritrea's 31.51 % change on previous year is above the median for Sub-Saharan Africa, which is 1.74 % change on previous year, 18.1× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total (TDS, current US$) … annual in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +137371.4% | -0.0035 % change on previous year | 4.84 % change on previous year |
| 2012 | +1874.6% | -18.29 % change on previous year | 324.58 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 309.08 % change on previous year | 14.45 % change on previous year | 603.72 % change on previous year | 2 |
| 2000s | 27.77 % change on previous year | -47.88 % change on previous year | 119.93 % change on previous year | 10 |
| 2010s | 20.53 % change on previous year | -49.72 % change on previous year | 324.58 % change on previous year | 10 |
| 2020s | 2.63 % change on previous year | -18.92 % change on previous year | 31.51 % change on previous year | 5 |
Countries ranked near Eritrea
- 24 Djibouti 38.09 % change on previous year compare
- 25 Georgia 35.18 % change on previous year compare
- 26 Ukraine 33.08 % change on previous year compare
- 28 Comoros 30.54 % change on previous year compare
- 29 Benin 30.16 % change on previous year compare
- 30 Togo 29.67 % change on previous year compare
More external debt data for Eritrea
- IFC, private nonguaranteed (NFL, US$), 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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 0 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 41.63 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 627.14 million DOD, current US$ (2025)
- External debt stocks, long-term 627.14 million DOD, current US$ (2025)
- External debt stocks, short-term 51.72 million DOD, current US$ (2025)
Frequently asked questions
- What is debt service on external debt, total (tds, current us$), annual in Eritrea?
- Debt service on external debt, total (tds, current us$), annual in Eritrea was 31.51 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, total (tds, current us$), annual recorded in Eritrea?
- The highest recorded value was 603.72 % change on previous year in 1998.
- What is the lowest debt service on external debt, total (tds, current us$), annual recorded in Eritrea?
- The lowest recorded value was -49.72 % change on previous year in 2014.
- How does Eritrea rank for debt service on external debt, total (tds, current us$), annual?
- Eritrea ranks 27th out of 121 countries with data for 2024.
- Is debt service on external debt, total (tds, current us$), annual rising or falling in Eritrea?
- Over the last ten years it is up 163.4%. 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, total (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, total 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, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.