PPG, official creditors in Eritrea
Eritrea: PPG, official creditors was -16.40 million NFL, US$ in 2024. ◆ Volatile
PPG, official creditors in Eritrea, 1994–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
Eritrea recorded -16.40 million NFL, US$ for ppg, official creditors in 2024.
That represents a change of down 83.4% on the previous year and up 11.2% over ten years.
Over the whole period, ppg, official creditors in Eritrea peaked at 108.24 million NFL, US$ in 1999 and was at its lowest, -58.13 million NFL, US$, in 2012.
Eritrea ranks 93rd of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, official creditors in Eritrea, year by year
| Year | NFL, US$ | Change |
|---|---|---|
| 1994 | 26.60 million NFL, US$ | — |
| 1995 | 7.22 million NFL, US$ | -72.8% |
| 1996 | 6.93 million NFL, US$ | -4.0% |
| 1997 | 33.32 million NFL, US$ | +380.7% |
| 1998 | 67.28 million NFL, US$ | +101.9% |
| 1999 | 108.24 million NFL, US$ | +60.9% |
| 2000 | 50.25 million NFL, US$ | -53.6% |
| 2001 | 103.26 million NFL, US$ | +105.5% |
| 2002 | 73.34 million NFL, US$ | -29.0% |
| 2003 | 83.58 million NFL, US$ | +14.0% |
| 2004 | 82.01 million NFL, US$ | -1.9% |
| 2005 | 58.85 million NFL, US$ | -28.2% |
| 2006 | 31.67 million NFL, US$ | -46.2% |
| 2007 | 40.40 million NFL, US$ | +27.5% |
| 2008 | 98.34 million NFL, US$ | +143.4% |
| 2009 | 46.33 million NFL, US$ | -52.9% |
| 2010 | -8.26 million NFL, US$ | -117.8% |
| 2011 | 10.15 million NFL, US$ | -222.9% |
| 2012 | -58.13 million NFL, US$ | -672.6% |
| 2013 | -53.99 million NFL, US$ | -7.1% |
| 2014 | -18.48 million NFL, US$ | -65.8% |
| 2015 | -12.76 million NFL, US$ | -30.9% |
| 2016 | -12.48 million NFL, US$ | -2.2% |
| 2017 | -15.44 million NFL, US$ | +23.7% |
| 2018 | -19.25 million NFL, US$ | +24.7% |
| 2019 | -12.84 million NFL, US$ | -33.3% |
| 2020 | -13.68 million NFL, US$ | +6.6% |
| 2021 | -16.15 million NFL, US$ | +18.0% |
| 2022 | -12.64 million NFL, US$ | -21.7% |
| 2023 | -8.94 million NFL, US$ | -29.3% |
| 2024 | -16.40 million NFL, US$ | +83.4% |
Eritrea compared with similar countries
- Eritrea's -16.40 million NFL, US$ is below the median for low income countries, which is 30.98 million NFL, US$. (23 countries reporting)
- Eritrea's -16.40 million NFL, US$ is below the median for Sub-Saharan Africa, which is 203.60 million NFL, US$. (44 countries reporting)
Biggest year-on-year movements
Years where PPG, official creditors in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | -672.6% | 10.15 million NFL, US$ | -58.13 million NFL, US$ |
| 1997 | +380.7% | 6.93 million NFL, US$ | 33.32 million NFL, US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41.60 million NFL, US$ | 6.93 million NFL, US$ | 108.24 million NFL, US$ | 6 |
| 2000s | 66.80 million NFL, US$ | 31.67 million NFL, US$ | 103.26 million NFL, US$ | 10 |
| 2010s | -20.15 million NFL, US$ | -58.13 million NFL, US$ | 10.15 million NFL, US$ | 10 |
| 2020s | -13.56 million NFL, US$ | -16.40 million NFL, US$ | -8.94 million NFL, US$ | 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 ppg, official creditors in Eritrea?
- Ppg, official creditors in Eritrea was -16.40 million NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, official creditors recorded in Eritrea?
- The highest recorded value was 108.24 million NFL, US$ in 1999.
- What is the lowest ppg, official creditors recorded in Eritrea?
- The lowest recorded value was -58.13 million NFL, US$ in 2012.
- How does Eritrea rank for ppg, official creditors?
- Eritrea ranks 93rd out of 123 countries with data for 2024.
- Is ppg, official creditors rising or falling in Eritrea?
- Over the last ten years it is up 11.2%. 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 PPG, official creditors (NFL, US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.