Interest payments, Long-term debt including IMF credit in Eritrea
Eritrea: Interest payments, Long-term debt including IMF credit was 7.96 million current US$ in 2011. ◆ Volatile
Interest payments, Long-term debt including IMF credit in Eritrea, 1994–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
In 2011, interest payments, long-term debt including imf credit in Eritrea stood at 7.96 million current US$.
That represents a change of down 15.2% on the previous year and up 37.0% over ten years.
Over the whole period, interest payments, long-term debt including imf credit in Eritrea peaked at 10.34 million current US$ in 2009 and was at its lowest, 0 current US$, in 1994.
Eritrea ranks 38th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments, Long-term debt including IMF credit in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1994 | 0 current US$ | — |
| 1995 | 150,000 current US$ | — |
| 1996 | 0 current US$ | -100.0% |
| 1997 | 505,000 current US$ | — |
| 1998 | 3.55 million current US$ | +603.2% |
| 1999 | 4.06 million current US$ | +14.4% |
| 2000 | 3.35 million current US$ | -17.6% |
| 2001 | 5.81 million current US$ | +73.6% |
| 2002 | 6.69 million current US$ | +15.1% |
| 2003 | 5.38 million current US$ | -19.6% |
| 2004 | 9.06 million current US$ | +68.4% |
| 2005 | 9.12 million current US$ | +0.6% |
| 2006 | 7.01 million current US$ | -23.1% |
| 2007 | 4.85 million current US$ | -30.8% |
| 2008 | 9.25 million current US$ | +90.6% |
| 2009 | 10.34 million current US$ | +11.8% |
| 2010 | 9.38 million current US$ | -9.2% |
| 2011 | 7.96 million current US$ | -15.2% |
Eritrea compared with similar countries
- Eritrea's 7.96 million current US$ is below the median for low income countries, which is 9.16 million current US$, 87% of the median. (20 countries reporting)
- Eritrea's 7.96 million current US$ is below the median for Sub-Saharan Africa, which is 20.75 million current US$, 38% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Interest payments, Long-term debt including IMF credit in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +603.2% | 505,000 current US$ | 3.55 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.38 million current US$ | 0 current US$ | 4.06 million current US$ | 6 |
| 2000s | 7.09 million current US$ | 3.35 million current US$ | 10.34 million current US$ | 10 |
| 2010s | 8.67 million current US$ | 7.96 million current US$ | 9.38 million current US$ | 2 |
Countries ranked near Eritrea
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 interest payments, long-term debt including imf credit in Eritrea?
- Interest payments, long-term debt including imf credit in Eritrea was 7.96 million current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest interest payments, long-term debt including imf credit recorded in Eritrea?
- The highest recorded value was 10.34 million current US$ in 2009.
- What is the lowest interest payments, long-term debt including imf credit recorded in Eritrea?
- The lowest recorded value was 0 current US$ in 1994.
- How does Eritrea rank for interest payments, long-term debt including imf credit?
- Eritrea ranks 38th out of 50 countries with data for 2011.
- Is interest payments, long-term debt including imf credit rising or falling in Eritrea?
- Over the last ten years it is up 37.0%. 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 Interest payments, Long-term debt including IMF credit (current US$). Statizoid updates them automatically from the source API.
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About this data
Interest payments on long-term debt are actual amounts of interest paid in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. IMF charges cover interest payments with respect to all uses of IMF resources, excluding those resulting from drawings in the reserve tranche.