Eritrea: Short-term external debt
* indicates monthly or quarterly data series
| Eritrea |
Short-term debt, percent of total external debt |
|---|---|
| Latest value | 6.04 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1994 - 2023 |
| Average | 2.98 |
| Min - Max | 0.00 - 7.98 |
| Source | The World Bank |
The latest value from 2023 is 6.04 percent, an increase from 5.55 percent in 2022. In comparison, the world average is 17.39 percent, based on data from 167 countries. Historically, the average for Eritrea from 1994 to 2023 is 2.98 percent. The minimum value, 0 percent, was reached in 1994 while the maximum of 7.98 percent was recorded in 2015.
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Definition: External debt with of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total external debt. 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 | 99.00 | 2024 | 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 |