Short-term debt in Eritrea
Eritrea: Short-term debt was 17.1% in 2019. ◆ Volatile
Short-term debt in Eritrea, 1995–2019
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
Eritrea recorded 17.1% for short-term debt in 2019.
That represents a change of down 18.2% on the previous year and up 10.5% over ten years.
Over the whole period, short-term debt in Eritrea peaked at 115.1% in 2003 and was at its lowest, 0.0%, in 1995.
Eritrea ranks 73rd of 111 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% | 5 |
| 2000s | 60.5% | 15.4% | 115.1% | 10 |
| 2010s | 22.2% | 13.6% | 48.2% | 10 |
Countries ranked near Eritrea
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 short-term debt in Eritrea?
- Short-term debt in Eritrea was 17.1% in 2019, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Eritrea?
- The highest recorded value was 115.1% in 2003.
- What is the lowest short-term debt recorded in Eritrea?
- The lowest recorded value was 0.0% in 1995.
- How does Eritrea rank for short-term debt?
- Eritrea ranks 73rd out of 111 countries with data for 2019.
- Is short-term debt rising or falling in Eritrea?
- Over the last ten years it is up 10.5%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 reserves includes gold.