Current account balance in Eritrea
Eritrea: Current account balance was -104.66 million BoP, current US$ in 2000. ◆ Volatile
Current account balance in Eritrea, 1992–2000
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Eritrea is -104.66 million BoP, current US$, measured in 2000.
That represents a change of up 49.9% on the previous year and down 155.7% over ten years.
Over the whole period, current account balance in Eritrea peaked at 187.93 million BoP, current US$ in 1992 and was at its lowest, -292.74 million BoP, current US$, in 1998.
Eritrea ranks 88th of 199 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -21.13 million BoP, current US$ | -292.74 million BoP, current US$ | 187.93 million BoP, current US$ | 8 |
| 2000s | -104.66 million BoP, current US$ | -104.66 million BoP, current US$ | -104.66 million BoP, current US$ | 1 |
Countries ranked near Eritrea
- 85 Estonia -69.99 million BoP, current US$ compare
- 86 Belize -92.27 million BoP, current US$ compare
- 87 Gambia -99.79 million BoP, current US$ compare
- 89 Sint Maarten (Dutch part) -116.69 million BoP, current US$ compare
- 90 Vanuatu -127.43 million BoP, current US$ compare
- 91 Palau -134.25 million BoP, current US$ compare
More economy & growth data for Eritrea
- Exports of goods and services 18.2% (2011)
- Gross national expenditure 137.4% (2011)
- Exports of goods and services 374.90 million current US$ (2011)
- Exports of goods and services 5.76 billion current LCU (2011)
- Exports of goods and services 575.7% (2011)
- Inflation, GDP deflator 19.5% (2011)
- Gross fixed capital formation 260.73 million current US$ (2011)
- Gross fixed capital formation 466.9% (2011)
- Gross fixed capital formation 4.01 billion current LCU (2011)
- GDP deflator 100 base year varies by country (2011)
Frequently asked questions
- What is current account balance in Eritrea?
- Current account balance in Eritrea was -104.66 million BoP, current US$ in 2000, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Eritrea?
- The highest recorded value was 187.93 million BoP, current US$ in 1992.
- What is the lowest current account balance recorded in Eritrea?
- The lowest recorded value was -292.74 million BoP, current US$ in 1998.
- How does Eritrea rank for current account balance?
- Eritrea ranks 88th out of 199 countries with data for 2000.
- Is current account balance rising or falling in Eritrea?
- Over the last ten years it is down 155.7%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.