External debt stocks, total (DOD, current US$) in Eritrea
Eritrea: External debt stocks, total was 693.28 million DOD, current US$ in 2024. ▲ Rising
External debt stocks, total in Eritrea, 1994–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Eritrea recorded 693.28 million DOD, current US$ for external debt stocks, total in 2024.
Compared with earlier readings it is down 4.5% on the previous year and down 23.6% over ten years.
Over the whole period, external debt stocks, total in Eritrea peaked at 1.05 billion DOD, current US$ in 2011 and was at its lowest, 29.06 million DOD, current US$, in 1994.
That places Eritrea 114th out of 122 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
External debt stocks, total in Eritrea, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1994 | 29.06 million DOD, current US$ | — |
| 1995 | 36.69 million DOD, current US$ | +26.3% |
| 1996 | 44.29 million DOD, current US$ | +20.7% |
| 1997 | 75.46 million DOD, current US$ | +70.4% |
| 1998 | 146.14 million DOD, current US$ | +93.7% |
| 1999 | 273.36 million DOD, current US$ | +87.1% |
| 2000 | 329.70 million DOD, current US$ | +20.6% |
| 2001 | 432.80 million DOD, current US$ | +31.3% |
| 2002 | 540.75 million DOD, current US$ | +24.9% |
| 2003 | 656.09 million DOD, current US$ | +21.3% |
| 2004 | 760.24 million DOD, current US$ | +15.9% |
| 2005 | 757.21 million DOD, current US$ | -0.4% |
| 2006 | 822.74 million DOD, current US$ | +8.7% |
| 2007 | 896.73 million DOD, current US$ | +9.0% |
| 2008 | 997.78 million DOD, current US$ | +11.3% |
| 2009 | 1.05 billion DOD, current US$ | +5.3% |
| 2010 | 1.04 billion DOD, current US$ | -1.3% |
| 2011 | 1.05 billion DOD, current US$ | +1.3% |
| 2012 | 990.96 million DOD, current US$ | -5.7% |
| 2013 | 942.83 million DOD, current US$ | -4.9% |
| 2014 | 907.61 million DOD, current US$ | -3.7% |
| 2015 | 875.47 million DOD, current US$ | -3.5% |
| 2016 | 800.80 million DOD, current US$ | -8.5% |
| 2017 | 825.67 million DOD, current US$ | +3.1% |
| 2018 | 797.46 million DOD, current US$ | -3.4% |
| 2019 | 779.33 million DOD, current US$ | -2.3% |
| 2020 | 798.65 million DOD, current US$ | +2.5% |
| 2021 | 772.10 million DOD, current US$ | -3.3% |
| 2022 | 727.11 million DOD, current US$ | -5.8% |
| 2023 | 725.95 million DOD, current US$ | -0.2% |
| 2024 | 693.28 million DOD, current US$ | -4.5% |
Eritrea compared with similar countries
- Eritrea's 693.28 million DOD, current US$ is below the median for low income countries, which is 4.76 billion DOD, current US$, 15% of the median. (23 countries reporting)
- Eritrea's 693.28 million DOD, current US$ is below the median for Sub-Saharan Africa, which is 6.69 billion DOD, current US$, 10% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +93.7% | 75.46 million DOD, current US$ | 146.14 million DOD, current US$ |
| 1999 | +87.1% | 146.14 million DOD, current US$ | 273.36 million DOD, current US$ |
| 1997 | +70.4% | 44.29 million DOD, current US$ | 75.46 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.83 million DOD, current US$ | 29.06 million DOD, current US$ | 273.36 million DOD, current US$ | 6 |
| 2000s | 724.47 million DOD, current US$ | 329.70 million DOD, current US$ | 1.05 billion DOD, current US$ | 10 |
| 2010s | 900.85 million DOD, current US$ | 779.33 million DOD, current US$ | 1.05 billion DOD, current US$ | 10 |
| 2020s | 743.42 million DOD, current US$ | 693.28 million DOD, current US$ | 798.65 million DOD, current US$ | 5 |
Countries ranked near Eritrea
- 111 Haiti 944.74 million DOD, current US$ compare
- 112 Grenada 863.28 million DOD, current US$ compare
- 113 Saint Vincent and the Grenadines 806.45 million DOD, current US$ compare
- 115 Solomon Islands 596.14 million DOD, current US$ compare
- 116 Dominica 569.53 million DOD, current US$ compare
- 117 Vanuatu 519.88 million DOD, current US$ compare
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- SDRs holdings, US dollar, annual growth rate 2.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2011)
- SDRs holdings, US dollar, per capita 6.53 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.25 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0017 units per US$ of GDP (2011)
- SDRs holdings, SDR, per capita 4.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0118 units per US$ of GDP (2011)
Frequently asked questions
- What is external debt stocks, total in Eritrea?
- External debt stocks, total in Eritrea was 693.28 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, total recorded in Eritrea?
- The highest recorded value was 1.05 billion DOD, current US$ in 2011.
- What is the lowest external debt stocks, total recorded in Eritrea?
- The lowest recorded value was 29.06 million DOD, current US$ in 1994.
- How does Eritrea rank for external debt stocks, total?
- Eritrea ranks 114th out of 122 countries with data for 2024.
- Is external debt stocks, total rising or falling in Eritrea?
- Over the last ten years it is down 23.6%. 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 External debt stocks, total (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
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. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.