Multilateral debt service in Eritrea
Eritrea: Multilateral debt service was 27.2% in 2024. ▼ Falling
Multilateral debt service in Eritrea, 1995–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
The most recent figure for multilateral debt service in Eritrea is 27.2%, measured in 2024.
That represents a change of down 27.1% on the previous year and down 6.5% over ten years.
Over the whole period, multilateral debt service in Eritrea peaked at 100.0% in 1995 and was at its lowest, 16.2%, in 2015.
Eritrea ranks 86th of 123 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Multilateral debt service in Eritrea, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1995 | 100.0% | — |
| 1997 | 52.9% | -47.1% |
| 1998 | 16.2% | -69.5% |
| 1999 | 47.7% | +195.2% |
| 2000 | 61.1% | +28.0% |
| 2001 | 58.0% | -5.1% |
| 2002 | 58.7% | +1.1% |
| 2003 | 55.8% | -4.9% |
| 2004 | 50.1% | -10.2% |
| 2005 | 61.6% | +23.0% |
| 2006 | 75.6% | +22.7% |
| 2007 | 93.8% | +24.2% |
| 2008 | 62.6% | -33.3% |
| 2009 | 56.1% | -10.4% |
| 2010 | 48.3% | -13.8% |
| 2011 | 56.3% | +16.6% |
| 2012 | 22.1% | -60.7% |
| 2013 | 18.5% | -16.6% |
| 2014 | 29.1% | +57.8% |
| 2015 | 16.2% | -44.5% |
| 2016 | 18.1% | +11.8% |
| 2017 | 20.0% | +10.7% |
| 2018 | 22.1% | +10.7% |
| 2019 | 27.5% | +24.2% |
| 2020 | 28.6% | +3.9% |
| 2021 | 29.5% | +3.4% |
| 2022 | 36.6% | +24.0% |
| 2023 | 37.3% | +1.9% |
| 2024 | 27.2% | -27.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.2% | 16.2% | 100.0% | 4 |
| 2000s | 63.3% | 50.1% | 93.8% | 10 |
| 2010s | 27.8% | 16.2% | 56.3% | 10 |
| 2020s | 31.9% | 27.2% | 37.3% | 5 |
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 multilateral debt service in Eritrea?
- Multilateral debt service in Eritrea was 27.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Eritrea?
- The highest recorded value was 100.0% in 1995.
- What is the lowest multilateral debt service recorded in Eritrea?
- The lowest recorded value was 16.2% in 2015.
- How does Eritrea rank for multilateral debt service?
- Eritrea ranks 86th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Eritrea?
- Over the last ten years it is down 6.5%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. 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.