Use of IMF credit in Eritrea
Eritrea: Use of IMF credit was 39.64 million DOD, current US$ in 2024. ▲ Rising
Use of IMF credit in Eritrea, 1999–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, use of imf credit in Eritrea stood at 39.64 million DOD, current US$.
The figure is down 2.8% on the previous year and up 80.5% over ten years.
Over the whole period, use of imf credit in Eritrea peaked at 42.54 million DOD, current US$ in 2021 and was at its lowest, 19.05 million DOD, current US$, in 2001.
Eritrea ranks 119th of 122 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.80 million DOD, current US$ | 20.80 million DOD, current US$ | 20.80 million DOD, current US$ | 1 |
| 2000s | 22.10 million DOD, current US$ | 19.05 million DOD, current US$ | 23.95 million DOD, current US$ | 10 |
| 2010s | 22.02 million DOD, current US$ | 20.38 million DOD, current US$ | 23.34 million DOD, current US$ | 10 |
| 2020s | 37.05 million DOD, current US$ | 21.83 million DOD, current US$ | 42.54 million DOD, current US$ | 5 |
Countries ranked near Eritrea
- 116 Saint Vincent and the Grenadines 50.86 million DOD, current US$ compare
- 117 Tonga 43.83 million DOD, current US$ compare
- 118 East Timor 42.08 million DOD, current US$ compare
- 120 Dominica 39.61 million DOD, current US$ compare
- 121 Bhutan 33.31 million DOD, current US$ compare
- 122 Saint Kitts and Nevis 3.43 million DOD, current US$ compare
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)
- 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)
- Net financial flows, multilateral -2.83 million NFL, current US$ (2024)
Frequently asked questions
- What is use of imf credit in Eritrea?
- Use of imf credit in Eritrea was 39.64 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Eritrea?
- The highest recorded value was 42.54 million DOD, current US$ in 2021.
- What is the lowest use of imf credit recorded in Eritrea?
- The lowest recorded value was 19.05 million DOD, current US$ in 2001.
- How does Eritrea rank for use of imf credit?
- Eritrea ranks 119th out of 122 countries with data for 2024.
- Is use of imf credit rising or falling in Eritrea?
- Over the last ten years it is up 80.5%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.