Bank credit to bank deposits (%) in Eritrea
Eritrea: Bank credit to bank deposits (%) was 14.4% in 2014. ▼ Falling
Bank credit to bank deposits in Eritrea, 1995–2014
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank credit to bank deposits in Eritrea is 14.4%, measured in 2014. That is the lowest value across all 20 years on record.
The figure is down 4.8% on the previous year and down 39.7% over ten years.
Over the whole period, bank credit to bank deposits in Eritrea peaked at 48.7% in 1998 and was at its lowest, 14.4%, in 2014.
Eritrea ranks 185th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Bank credit to bank deposits (%) in Eritrea, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 19.3% | — |
| 1996 | 39.3% | +102.9% |
| 1997 | 38.0% | -3.3% |
| 1998 | 48.7% | +28.4% |
| 1999 | 26.2% | -46.3% |
| 2000 | 22.8% | -12.9% |
| 2001 | 22.1% | -3.3% |
| 2002 | 20.8% | -5.9% |
| 2003 | 22.7% | +9.1% |
| 2004 | 23.9% | +5.3% |
| 2005 | 24.3% | +1.9% |
| 2006 | 24.0% | -1.2% |
| 2007 | 19.0% | -21.0% |
| 2008 | 18.5% | -2.6% |
| 2009 | 16.5% | -10.4% |
| 2010 | 14.8% | -10.4% |
| 2011 | 15.2% | +2.7% |
| 2012 | 16.3% | +6.9% |
| 2013 | 15.1% | -7.1% |
| 2014 | 14.4% | -4.8% |
Eritrea compared with similar countries
- Eritrea's 14.4% is below the median for low income countries, which is 61.3%, 23% of the median. (23 countries reporting)
- Eritrea's 14.4% is below the median for Sub-Saharan Africa, which is 65.6%, 22% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Bank credit to bank deposits (%) in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +102.9% | 19.3% | 39.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.3% | 19.3% | 48.7% | 5 |
| 2000s | 21.4% | 16.5% | 24.3% | 10 |
| 2010s | 15.1% | 14.4% | 16.3% | 5 |
Countries ranked near Eritrea
- 182 Libya 21.5% compare
- 183 Gambia 18.1% compare
- 184 Afghanistan 16.8% compare
- 186 South Sudan 13.0%
More financial sector data for Eritrea
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2011)
- Reserve position in the IMF, US dollar, per capita 0.0019 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2011)
- Reserve position in the IMF, SDR, per capita 0.0014 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2011)
- Reserve tranche position, US dollar, per capita 0.0019 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Eritrea?
- Bank credit to bank deposits in Eritrea was 14.4% in 2014, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Eritrea?
- The highest recorded value was 48.7% in 1998.
- What is the lowest bank credit to bank deposits recorded in Eritrea?
- The lowest recorded value was 14.4% in 2014.
- How does Eritrea rank for bank credit to bank deposits?
- Eritrea ranks 185th out of 186 countries with data for 2014.
- Is bank credit to bank deposits rising or falling in Eritrea?
- Over the last ten years it is down 39.7%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).