Short-term debt in Eritrea
Eritrea: Short-term debt was 6.7% in 2024. ◆ Volatile
Short-term debt in Eritrea, 1994–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Eritrea recorded 6.7% for short-term debt in 2024.
Compared with earlier readings it is up 10.9% on the previous year and up 8.6% over ten years.
Over the whole period, short-term debt in Eritrea peaked at 8.0% in 2015 and was at its lowest, 0.0%, in 1994.
Eritrea ranks 73rd of 121 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 6 |
| 2000s | 3.1% | 1.3% | 5.7% | 10 |
| 2010s | 3.7% | 1.5% | 8.0% | 10 |
| 2020s | 5.6% | 4.7% | 6.7% | 5 |
Countries ranked near Eritrea
More external debt data for Eritrea
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- Public and publicly guaranteed debt service 1.1% (2011)
- Net financial flows, IDA 0 NFL, current US$ (2024)
- Public and publicly guaranteed debt service 2.8% (2000)
- Multilateral debt service 27.2% (2024)
- Use of IMF credit 39.64 million DOD, current US$ (2024)
- Multilateral debt service 5.35 million TDS, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 19.66 million TDS, current US$ (2024)
- IMF repurchases and charges 1.55 million TDS, current US$ (2024)
- PPG, official creditors -16.40 million NFL, US$ (2024)
Frequently asked questions
- What is short-term debt in Eritrea?
- Short-term debt in Eritrea was 6.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Eritrea?
- The highest recorded value was 8.0% in 2015.
- What is the lowest short-term debt recorded in Eritrea?
- The lowest recorded value was 0.0% in 1994.
- How does Eritrea rank for short-term debt?
- Eritrea ranks 73rd out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Eritrea?
- Over the last ten years it is up 8.6%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.