Eritrea: Short-term external debt

* indicates monthly or quarterly data series
 Eritrea

Short-term debt, percent of total external debt

 Latest value 5.63
 Year 2022
 Measure percent
 Data availability 1994 - 2022
 Average 2.89
 Min - Max 0 - 8
 Source The World Bank
For that indicator, we provide data for Eritrea from 1994 to 2022. The average value for Eritrea during that period was 2.89 percent with a minimum of 0 percent in 1994 and a maximum of 8 percent in 2015. The latest value from 2022 is 5.63 percent. For comparison, the world average in 2022 based on 120 countries is 11.19 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Eritrea - Short-term external debt - recent values

Historical chart
Eritrea - Short-term external debt - historical chart - 1994-2022




Definition: Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.


 Related indicators Latest value Reference Measure
 Terms of trade 106.48 2021 percent
 Trade openness 47.39 2011 percent
 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 2022 billion U.S. dollars
 Current account, percent of GDP 12.20 2022 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
 Net errors and omissions -22.87 2000 million USD
 External debt 51.48 2011 percent
 Short-term external debt 5.63 2022 percent
 Short-term debt to reserves 17.05 2019 percent
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