Eritrea: Bank credit to government
* indicates monthly or quarterly data series
| Eritrea |
Bank credit to government and public enterprises, percent of GDP |
|---|---|
| Latest value | 56.69 |
| Year | 2014 |
| Measure | percent |
| Data availability | 1995 - 2014 |
| Average | 53.65 |
| Min - Max | 12.47 - 75.00 |
| Source | The International Monetary Fund |
The latest value from 2014 is 56.69 percent, a decline from 74.57 percent in 2013. In comparison, the world average is 12.11 percent, based on data from 168 countries. Historically, the average for Eritrea from 1995 to 2014 is 53.65 percent. The minimum value, 12.47 percent, was reached in 1996 while the maximum of 75 percent was recorded in 2006.
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Definition: Bank credit is the amount of credit available to the government sector. It consists of the total amount of combined funds that are provided to the government by the bank sector.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Firms using credit to finance investment | 11.90 | 2009 | percent |
| Small firms with bank credit | 6.60 | 2009 | percent |
| Domestic credit to the private sector | 53.24 | 2014 | percent |
| Bank credit to the private sector | 19.00 | 2014 | percent |
| Liquid liabilities, percent of GDP | 172.68 | 2014 | percent |
| Bank assets to GDP | 75.24 | 2014 | percent |
| Bank credit to government | 56.69 | 2014 | percent |