Broad money growth in Eritrea
Eritrea: Broad money growth was 12.9% in 2014. ▼ Falling
Broad money growth in Eritrea, 1996–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2014, broad money growth in Eritrea stood at 12.9%.
The figure is down 21.6% on the previous year and up 10.4% over ten years.
Over the whole period, broad money growth in Eritrea peaked at 36.1% in 1999 and was at its lowest, 5.8%, in 2006.
Eritrea ranks 58th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Broad money growth in Eritrea, year by year
| Year | annual % | Change |
|---|---|---|
| 1996 | 21.0% | — |
| 1997 | 28.1% | +33.4% |
| 1998 | 20.5% | -26.9% |
| 1999 | 36.1% | +75.8% |
| 2000 | 17.3% | -52.2% |
| 2001 | 32.4% | +87.5% |
| 2002 | 20.8% | -35.9% |
| 2003 | 15.1% | -27.4% |
| 2004 | 11.7% | -22.4% |
| 2005 | 10.7% | -8.8% |
| 2006 | 5.8% | -46.0% |
| 2007 | 12.1% | +110.2% |
| 2008 | 15.9% | +31.1% |
| 2009 | 15.7% | -1.0% |
| 2010 | 15.6% | -0.8% |
| 2011 | 14.6% | -6.2% |
| 2012 | 14.4% | -1.5% |
| 2013 | 16.5% | +14.4% |
| 2014 | 12.9% | -21.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.4% | 20.5% | 36.1% | 4 |
| 2000s | 15.7% | 5.8% | 32.4% | 10 |
| 2010s | 14.8% | 12.9% | 16.5% | 5 |
Countries ranked near Eritrea
More financial sector data for Eritrea
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2000)
- Total reserves in months of imports, per capita 0 units per person (2000)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 18.93 % change on previous year (2019)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0346 SDR per US$ of GDP (2011)
- Reserves excluding gold, foreign exchange (SDR), per capita 41.73 SDR per person (2019)
- Reserves excluding gold (SDR), annual growth rate 18.26 % change on previous year (2019)
- Reserves excluding gold (SDR), per capita 42.78 SDR per person (2019)
- Total reserves (gold at market value) (SDR), annual growth rate 18.26 % change on previous year (2019)
- Total reserves (gold at market value) (SDR), per capita 42.78 SDR per person (2019)
- Total reserves (gold at national valuation) (SDR), annual growth rate 18.26 % change on previous year (2019)
Frequently asked questions
- What is broad money growth in Eritrea?
- Broad money growth in Eritrea was 12.9% in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Eritrea?
- The highest recorded value was 36.1% in 1999.
- What is the lowest broad money growth recorded in Eritrea?
- The lowest recorded value was 5.8% in 2006.
- How does Eritrea rank for broad money growth?
- Eritrea ranks 58th out of 166 countries with data for 2014.
- Is broad money growth rising or falling in Eritrea?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is falling.
- 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.