Debt service on external debt, total in Eritrea
Eritrea: Debt service on external debt, total was 21.22 million TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, total in Eritrea, 1995–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
Eritrea recorded 21.22 million TDS, current US$ for debt service on external debt, total in 2024.
Compared with earlier readings it is up 31.5% on the previous year and down 51.4% over ten years.
Over the whole period, debt service on external debt, total in Eritrea peaked at 93.08 million TDS, current US$ in 2012 and was at its lowest, 150,000 TDS, current US$, in 1995.
That places Eritrea 120th out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Eritrea, year by year
| Year | TDS, current US$ | 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 | 4.06 million TDS, current US$ | +14.5% |
| 2000 | 4.58 million TDS, current US$ | +12.7% |
| 2001 | 6.90 million TDS, current US$ | +50.6% |
| 2002 | 9.87 million TDS, current US$ | +43.0% |
| 2003 | 11.82 million TDS, current US$ | +19.7% |
| 2004 | 20.43 million TDS, current US$ | +72.9% |
| 2005 | 22.06 million TDS, current US$ | +8.0% |
| 2006 | 14.04 million TDS, current US$ | -36.3% |
| 2007 | 7.32 million TDS, current US$ | -47.9% |
| 2008 | 16.09 million TDS, current US$ | +119.9% |
| 2009 | 21.74 million TDS, current US$ | +35.1% |
| 2010 | 26.83 million TDS, current US$ | +23.4% |
| 2011 | 21.92 million TDS, current US$ | -18.3% |
| 2012 | 93.08 million TDS, current US$ | +324.6% |
| 2013 | 86.89 million TDS, current US$ | -6.7% |
| 2014 | 43.69 million TDS, current US$ | -49.7% |
| 2015 | 31.92 million TDS, current US$ | -26.9% |
| 2016 | 25.53 million TDS, current US$ | -20.0% |
| 2017 | 25.53 million TDS, current US$ | -0.0% |
| 2018 | 26.76 million TDS, current US$ | +4.8% |
| 2019 | 19.83 million TDS, current US$ | -25.9% |
| 2020 | 18.88 million TDS, current US$ | -4.8% |
| 2021 | 19.34 million TDS, current US$ | +2.5% |
| 2022 | 15.68 million TDS, current US$ | -18.9% |
| 2023 | 16.13 million TDS, current US$ | +2.9% |
| 2024 | 21.22 million TDS, current US$ | +31.5% |
Eritrea compared with similar countries
- Eritrea's 21.22 million TDS, current US$ is below the median for low income countries, which is 163.79 million TDS, current US$, 13% of the median. (23 countries reporting)
- Eritrea's 21.22 million TDS, current US$ is below the median for Sub-Saharan Africa, which is 421.48 million TDS, current US$, 5% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +603.7% | 504,638 TDS, current US$ | 3.55 million TDS, current US$ |
| 2012 | +324.6% | 21.92 million TDS, current US$ | 93.08 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.07 million TDS, current US$ | 150,000 TDS, current US$ | 4.06 million TDS, current US$ | 4 |
| 2000s | 13.48 million TDS, current US$ | 4.58 million TDS, current US$ | 22.06 million TDS, current US$ | 10 |
| 2010s | 40.20 million TDS, current US$ | 19.83 million TDS, current US$ | 93.08 million TDS, current US$ | 10 |
| 2020s | 18.25 million TDS, current US$ | 15.68 million TDS, current US$ | 21.22 million TDS, current US$ | 5 |
Countries ranked near Eritrea
- 117 East Timor 26.06 million TDS, current US$ compare
- 118 Solomon Islands 25.98 million TDS, current US$ compare
- 119 Comoros 24.64 million TDS, current US$ compare
- 121 Somalia 16.30 million TDS, current US$ compare
- 122 Sao Tome and Principe 5.22 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, total in Eritrea?
- Debt service on external debt, total in Eritrea was 21.22 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Eritrea?
- The highest recorded value was 93.08 million TDS, current US$ in 2012.
- What is the lowest debt service on external debt, total 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, total?
- Eritrea ranks 120th out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Eritrea?
- Over the last ten years it is down 51.4%. 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, total (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.