Eritrea: Current account forecast

The latest value from 2019 is 12.99 percent, a decline from 15.51 percent in 2018. In comparison, the world average is -2.03 percent, based on data from 190 countries. Historically, the average for Eritrea from 1992 to 2019 is 3.64 percent. The minimum value, -33.32 percent, was reached in 1999 while the maximum of 37 percent was recorded in 1994. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: The current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The series includes actual historical values for past years and forecast values for the current and the next few years.