Total reserves in Eritrea
Eritrea: Total reserves was 191.69 million includes gold, current US$ in 2019. ◆ Volatile
Total reserves in Eritrea, 1995–2019
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.
Analysis
In 2019, total reserves in Eritrea stood at 191.69 million includes gold, current US$.
The figure is up 17.6% on the previous year and up 113.0% over ten years.
Over the whole period, total reserves in Eritrea peaked at 229.58 million includes gold, current US$ in 1997 and was at its lowest, 23.58 million includes gold, current US$, in 2006.
That places Eritrea 176th out of 182 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in Eritrea, year by year
| Year | includes gold, current US$ | Change |
|---|---|---|
| 1995 | 40.49 million includes gold, current US$ | — |
| 1996 | 81.32 million includes gold, current US$ | +100.8% |
| 1997 | 229.58 million includes gold, current US$ | +182.3% |
| 1998 | 68.15 million includes gold, current US$ | -70.3% |
| 1999 | 58.87 million includes gold, current US$ | -13.6% |
| 2000 | 36.13 million includes gold, current US$ | -38.6% |
| 2001 | 50.45 million includes gold, current US$ | +39.6% |
| 2002 | 30.28 million includes gold, current US$ | -40.0% |
| 2003 | 24.71 million includes gold, current US$ | -18.4% |
| 2004 | 34.75 million includes gold, current US$ | +40.6% |
| 2005 | 27.94 million includes gold, current US$ | -19.6% |
| 2006 | 23.58 million includes gold, current US$ | -15.6% |
| 2007 | 32.41 million includes gold, current US$ | +37.5% |
| 2008 | 56.02 million includes gold, current US$ | +72.9% |
| 2009 | 90.01 million includes gold, current US$ | +60.7% |
| 2010 | 114.15 million includes gold, current US$ | +26.8% |
| 2011 | 115.33 million includes gold, current US$ | +1.0% |
| 2012 | 132.76 million includes gold, current US$ | +15.1% |
| 2013 | 133.34 million includes gold, current US$ | +0.4% |
| 2014 | 151.75 million includes gold, current US$ | +13.8% |
| 2015 | 145.07 million includes gold, current US$ | -4.4% |
| 2016 | 145.37 million includes gold, current US$ | +0.2% |
| 2017 | 143.41 million includes gold, current US$ | -1.3% |
| 2018 | 163.03 million includes gold, current US$ | +13.7% |
| 2019 | 191.69 million includes gold, current US$ | +17.6% |
Eritrea compared with similar countries
- Eritrea's 191.69 million includes gold, current US$ is below the median for low income countries, which is 939.84 million includes gold, current US$, 20% of the median. (20 countries reporting)
- Eritrea's 191.69 million includes gold, current US$ is below the median for Sub-Saharan Africa, which is 1.30 billion includes gold, current US$, 15% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95.68 million includes gold, current US$ | 40.49 million includes gold, current US$ | 229.58 million includes gold, current US$ | 5 |
| 2000s | 40.63 million includes gold, current US$ | 23.58 million includes gold, current US$ | 90.01 million includes gold, current US$ | 10 |
| 2010s | 143.59 million includes gold, current US$ | 114.15 million includes gold, current US$ | 191.69 million includes gold, current US$ | 10 |
Countries ranked near Eritrea
- 173 Saint Kitts and Nevis 282.05 million includes gold, current US$ compare
- 174 Saint Vincent and the Grenadines 281.22 million includes gold, current US$ compare
- 175 Cayman Islands 252.10 million includes gold, current US$
- 177 Sudan 177.93 million includes gold, current US$ compare
- 178 Dominica 164.69 million includes gold, current US$ compare
- 179 Burundi 90.35 million includes gold, 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is total reserves in Eritrea?
- Total reserves in Eritrea was 191.69 million includes gold, current US$ in 2019, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves recorded in Eritrea?
- The highest recorded value was 229.58 million includes gold, current US$ in 1997.
- What is the lowest total reserves recorded in Eritrea?
- The lowest recorded value was 23.58 million includes gold, current US$ in 2006.
- How does Eritrea rank for total reserves?
- Eritrea ranks 176th out of 182 countries with data for 2019.
- Is total reserves rising or falling in Eritrea?
- Over the last ten years it is up 113.0%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.