Broad money in Eritrea
Eritrea: Broad money was 69.14 billion current LCU in 2014. ◆ Volatile
Broad money in Eritrea, 1995–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for broad money in Eritrea is 69.14 billion current LCU, measured in 2014. That is the highest value across all 20 years on record.
The figure is up 12.9% on the previous year and up 250.7% over ten years.
Over the whole period, broad money in Eritrea peaked at 69.14 billion current LCU in 2014 and was at its lowest, 3.22 billion current LCU, in 1995.
Eritrea ranks 126th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 3.22 billion current LCU | — |
| 1996 | 3.90 billion current LCU | +21.0% |
| 1997 | 4.99 billion current LCU | +28.1% |
| 1998 | 6.01 billion current LCU | +20.5% |
| 1999 | 8.18 billion current LCU | +36.1% |
| 2000 | 9.60 billion current LCU | +17.3% |
| 2001 | 12.70 billion current LCU | +32.4% |
| 2002 | 15.34 billion current LCU | +20.8% |
| 2003 | 17.65 billion current LCU | +15.1% |
| 2004 | 19.71 billion current LCU | +11.7% |
| 2005 | 21.82 billion current LCU | +10.7% |
| 2006 | 23.07 billion current LCU | +5.8% |
| 2007 | 25.87 billion current LCU | +12.1% |
| 2008 | 29.98 billion current LCU | +15.9% |
| 2009 | 34.69 billion current LCU | +15.7% |
| 2010 | 40.10 billion current LCU | +15.6% |
| 2011 | 45.96 billion current LCU | +14.6% |
| 2012 | 52.58 billion current LCU | +14.4% |
| 2013 | 61.24 billion current LCU | +16.5% |
| 2014 | 69.14 billion current LCU | +12.9% |
Eritrea compared with similar countries
- Eritrea's 69.14 billion current LCU is below the median for low income countries, which is 1.69 trillion current LCU, 4% of the median. (24 countries reporting)
- Eritrea's 69.14 billion current LCU is below the median for Sub-Saharan Africa, which is 1.40 trillion current LCU, 5% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.26 billion current LCU | 3.22 billion current LCU | 8.18 billion current LCU | 5 |
| 2000s | 21.04 billion current LCU | 9.60 billion current LCU | 34.69 billion current LCU | 10 |
| 2010s | 53.80 billion current LCU | 40.10 billion current LCU | 69.14 billion current LCU | 5 |
Countries ranked near Eritrea
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 broad money in Eritrea?
- Broad money in Eritrea was 69.14 billion current LCU in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Eritrea?
- The highest recorded value was 69.14 billion current LCU in 2014.
- What is the lowest broad money recorded in Eritrea?
- The lowest recorded value was 3.22 billion current LCU in 1995.
- How does Eritrea rank for broad money?
- Eritrea ranks 126th out of 167 countries with data for 2014.
- Is broad money rising or falling in Eritrea?
- Over the last ten years it is up 250.7%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.