Total ODA Private Net, all donors in Eritrea
Eritrea: Total ODA Private Net, all donors was -4.21 million current US$ in 2011. ◆ Volatile
Total ODA Private Net, all donors in Eritrea, 1993–2011
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
Eritrea recorded -4.21 million current US$ for total oda private net, all donors in 2011.
That represents a change of down 501.4% on the previous year and down 1,152.5% over ten years.
Over the whole period, total oda private net, all donors in Eritrea peaked at 7.57 million current US$ in 2000 and was at its lowest, -14.82 million current US$, in 1993.
Eritrea ranks 34th of 53 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total ODA Private Net, all donors in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | -14.82 million current US$ | — |
| 1994 | 20,000 current US$ | -100.1% |
| 1995 | -80,000 current US$ | -500.0% |
| 1996 | -250,000 current US$ | +212.5% |
| 1997 | -6.75 million current US$ | +2600.0% |
| 1998 | -1.19 million current US$ | -82.4% |
| 1999 | 610,000 current US$ | -151.3% |
| 2000 | 7.57 million current US$ | +1141.0% |
| 2001 | 400,000 current US$ | -94.7% |
| 2002 | -13.97 million current US$ | -3592.5% |
| 2003 | -13.53 million current US$ | -3.1% |
| 2004 | -7.63 million current US$ | -43.6% |
| 2005 | -1.07 million current US$ | -86.0% |
| 2006 | 6.91 million current US$ | -745.8% |
| 2007 | 1.85 million current US$ | -73.2% |
| 2008 | -5.78 million current US$ | -412.4% |
| 2009 | 4.46 million current US$ | -177.2% |
| 2010 | -700,000 current US$ | -115.7% |
| 2011 | -4.21 million current US$ | +501.4% |
Eritrea compared with similar countries
- Eritrea's -4.21 million current US$ is below the median for low income countries, which is -3.03 million current US$, 1.4× the median. (20 countries reporting)
- Eritrea's -4.21 million current US$ is below the median for Sub-Saharan Africa, which is 3.65 million current US$. (47 countries reporting)
Biggest year-on-year movements
Years where Total ODA Private Net, all donors in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | -3592.5% | 400,000 current US$ | -13.97 million current US$ |
| 1997 | -2600.0% | -250,000 current US$ | -6.75 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.21 million current US$ | -14.82 million current US$ | 610,000 current US$ | 7 |
| 2000s | -2.08 million current US$ | -13.97 million current US$ | 7.57 million current US$ | 10 |
| 2010s | -2.46 million current US$ | -4.21 million current US$ | -700,000 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 total oda private net, all donors in Eritrea?
- Total oda private net, all donors in Eritrea was -4.21 million current US$ in 2011, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest total oda private net, all donors recorded in Eritrea?
- The highest recorded value was 7.57 million current US$ in 2000.
- What is the lowest total oda private net, all donors recorded in Eritrea?
- The lowest recorded value was -14.82 million current US$ in 1993.
- How does Eritrea rank for total oda private net, all donors?
- Eritrea ranks 34th out of 53 countries with data for 2011.
- Is total oda private net, all donors rising or falling in Eritrea?
- Over the last ten years it is down 1,152.5%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Total ODA Private Net, all donors (current US$). Statizoid updates them automatically from the source API.
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About this data
Net private aid is private transactions broken down into direct investment, portfolio investment and export credits (net). Private transactions are those undertaken by firms and individuals resident in the reporting country. Portfolio investment corresponds to bonds and equities. Inflows into emerging countries’ stocks markets, are, however, heavily understated. Accordingly, the coverage of portfolio investment differs in these regards from the coverage of bank claims, which include indistinguishably export credit lending by banks. The bank claims data represent the net change in banks’ claims after adjustment to eliminate the effect of changes in exchange rates. They are therefore a proxy for net flow data, but are not themselves a net flow figure. They differ in two further regards from other OECD data. First, they relate to loans by banks resident in countries which report quarterly to the Bank for International Settlements (BIS). Secondly, no adjustment has been made to exclude short-term claims.