Total debt service in Eritrea
Eritrea: Total debt service was 1.1% in 2011. ◆ Volatile
Total debt service in Eritrea, 1995–2011
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2011, total debt service in Eritrea stood at 1.1%.
The figure is down 37.2% on the previous year and up 16.7% over ten years.
Over the whole period, total debt service in Eritrea peaked at 2.0% in 2005 and was at its lowest, 0.0%, in 1995.
That places Eritrea 111th out of 121 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Eritrea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1995 | 0.0% | — |
| 1997 | 0.1% | +188.3% |
| 1998 | 0.5% | +541.3% |
| 1999 | 0.6% | +23.5% |
| 2000 | 0.6% | +10.8% |
| 2001 | 0.9% | +42.0% |
| 2002 | 1.4% | +48.3% |
| 2003 | 1.4% | +0.6% |
| 2004 | 1.9% | +36.1% |
| 2005 | 2.0% | +8.4% |
| 2006 | 1.2% | -42.4% |
| 2007 | 0.6% | -52.2% |
| 2008 | 1.2% | +110.7% |
| 2009 | 1.2% | +0.4% |
| 2010 | 1.7% | +44.7% |
| 2011 | 1.1% | -37.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.0% | 0.6% | 4 |
| 2000s | 1.2% | 0.6% | 2.0% | 10 |
| 2010s | 1.4% | 1.1% | 1.7% | 2 |
Countries ranked near Eritrea
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)
- GDP deflator (base year varies by country), annual growth rate 19.54 % change on previous year (2011)
- Gross value added at basic prices (GVA) (current US$), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9721 current US$ per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current US$), per capita 625.02 current US$ per person (2009)
- Gross value added at basic prices (GVA) (current LCU), annual growth 35.5 % change on previous year (2009)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 14.95 current LCU per US$ of GDP (2009)
- Gross value added at basic prices (GVA) (current LCU), per capita 9,610 current LCU per person (2009)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.29 % change on previous year (2009)
Frequently asked questions
- What is total debt service in Eritrea?
- Total debt service in Eritrea was 1.1% in 2011, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Eritrea?
- The highest recorded value was 2.0% in 2005.
- What is the lowest total debt service recorded in Eritrea?
- The lowest recorded value was 0.0% in 1995.
- How does Eritrea rank for total debt service?
- Eritrea ranks 111th out of 121 countries with data for 2011.
- Is total debt service rising or falling in Eritrea?
- Over the last ten years it is up 16.7%. 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 Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.