Eritrea: Short-term debt to reserves
* indicates monthly or quarterly data series
| Eritrea |
Short-term external debt, percent of international reserves |
|---|---|
| Latest value | 17.07 |
| Year | 2019 |
| Measure | percent |
| Data availability | 1995 - 2019 |
| Average | 33.09 |
| Min - Max | 0.00 - 115.13 |
| Source | The World Bank |
The latest value from 2019 is 17.07 percent, a decline from 20.88 percent in 2018. In comparison, the world average is 918.12 percent, based on data from 151 countries. Historically, the average for Eritrea from 1995 to 2019 is 33.09 percent. The minimum value, 0 percent, was reached in 1995 while the maximum of 115.13 percent was recorded in 2003.
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Definition: Debt of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total foreign exchange reserves. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 95.70 | 2023 | percent |
| Trade openness | 47.39 | 2011 | percent |
| Financial openness | -1.935 | 2022 | index points |
| Exports, percent of GDP | 18.15 | 2011 | percent |
| Exports, billion dollars | 0.37 | 2011 | billion U.S. dollars |
| Growth of exports | 575.74 | 2011 | percent |
| Imports, percent of GDP | 29.24 | 2011 | percent |
| Imports, billion dollars | 0.60 | 2011 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 1.89 | 2011 | percent |
| Foreign Direct Investment, billion dollars | -0.03 | 2024 | billion U.S. dollars |
| Current account, percent of GDP | -14.82 | 2000 | percent |
| Current account, in dollars | -0.10 | 2000 | billion U.S. dollars |
| Trade balance, percent of GDP | -11.08 | 2011 | percent |
| Trade balance, in dollars | -0.40 | 2000 | billion U.S. dollars |
| Reserves | 0.19 | 2019 | billion U.S. dollars |
| Remittances, percent of GDP | 0.47 | 2000 | percent |
| Remittances | 3.28 | 2000 | million U.S. dollars |
| Net errors and omissions | -22.87 | 2000 | million USD |
| External debt | 39.32 | 2019 | percent |
| Short-term external debt | 6.04 | 2023 | percent |
| Short-term debt to reserves | 17.07 | 2019 | percent |