Total debt service (% of GDP) in Eritrea
Eritrea: Total debt service (% of GDP) was 0.8% in 2011. ◆ Volatile
Total debt service in Eritrea, 1994–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
Eritrea recorded 0.8% for total debt service in 2011.
The figure is down 21.2% on the previous year and down 15.4% over ten years.
Over the whole period, total debt service in Eritrea peaked at 2.0% in 2005 and was at its lowest, 0.0%, in 1994.
That places Eritrea 26th out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service (% of GDP) in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | -100.0% |
| 1997 | 0.1% | — |
| 1998 | 0.5% | +547.5% |
| 1999 | 0.6% | +23.9% |
| 2000 | 0.7% | +22.5% |
| 2001 | 1.0% | +38.8% |
| 2002 | 1.5% | +45.6% |
| 2003 | 1.4% | -7.1% |
| 2004 | 1.8% | +35.7% |
| 2005 | 2.0% | +9.0% |
| 2006 | 1.2% | -42.3% |
| 2007 | 0.6% | -52.1% |
| 2008 | 1.2% | +110.0% |
| 2009 | 1.2% | +0.4% |
| 2010 | 1.1% | -8.0% |
| 2011 | 0.8% | -21.2% |
Eritrea compared with similar countries
- Eritrea's 0.8% is above the median for low income countries, which is 0.6%, 1.4× the median. (20 countries reporting)
- Eritrea's 0.8% is above the median for Sub-Saharan Africa, which is 0.8%, 1.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Total debt service (% of GDP) 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 | +547.5% | 0.1% | 0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.0% | 0.6% | 6 |
| 2000s | 1.2% | 0.6% | 2.0% | 10 |
| 2010s | 1.0% | 0.8% | 1.1% | 2 |
Countries ranked near Eritrea
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 total debt service in Eritrea?
- Total debt service in Eritrea was 0.8% in 2011, according to World Bank, Global Development Finance.
- What is the highest total debt service recorded in Eritrea?
- The highest recorded value was 2.0% in 2005.
- What is the lowest total debt service recorded in Eritrea?
- The lowest recorded value was 0.0% in 1994.
- How does Eritrea rank for total debt service?
- Eritrea ranks 26th out of 50 countries with data for 2011.
- Is total debt service rising or falling in Eritrea?
- Over the last ten years it is down 15.4%. 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 Total debt service (% of GDP). 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.