Broad money in Eritrea
Eritrea: Broad money was 176.8% in 2014. ▲ Rising
Broad money in Eritrea, 1995–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for broad money in Eritrea is 176.8%, measured in 2014. That is the highest value across all 20 years on record.
The figure is up 30.0% on the previous year and up 37.1% over ten years.
Over the whole period, broad money in Eritrea peaked at 176.8% in 2014 and was at its lowest, 87.0%, in 1995.
Eritrea ranks 7th of 166 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Broad money in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 87.0% | — |
| 1996 | 88.4% | +1.6% |
| 1997 | 100.9% | +14.2% |
| 1998 | 109.6% | +8.5% |
| 1999 | 145.7% | +33.0% |
| 2000 | 141.1% | -3.1% |
| 2001 | 149.3% | +5.8% |
| 2002 | 150.7% | +0.9% |
| 2003 | 146.1% | -3.0% |
| 2004 | 128.9% | -11.8% |
| 2005 | 129.2% | +0.2% |
| 2006 | 123.9% | -4.1% |
| 2007 | 127.7% | +3.0% |
| 2008 | 141.3% | +10.7% |
| 2009 | 121.5% | -14.0% |
| 2010 | 164.1% | +35.0% |
| 2011 | 144.8% | -11.8% |
| 2012 | 127.5% | -11.9% |
| 2013 | 136.0% | +6.7% |
| 2014 | 176.8% | +30.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 106.3% | 87.0% | 145.7% | 5 |
| 2000s | 136.0% | 121.5% | 150.7% | 10 |
| 2010s | 149.8% | 127.5% | 176.8% | 5 |
Countries ranked near Eritrea
More financial sector data for Eritrea
- Net domestic credit (current LCU), per capita 20,139 current LCU per person (2014)
- Net domestic credit (current LCU), per unit of GDP 20.18 current LCU per US$ of GDP (2011)
- Net domestic credit (current LCU), annual growth rate 11.16 % change on previous year (2014)
- Gold reserves at 35 SDRs per ounce 0 SDR (2019)
- Gold reserves at market value 0 SDR (2019)
- Reserves excluding gold, foreign exchange 135.20 million SDR (2019)
- Reserves excluding gold 138.62 million SDR (2019)
- Total reserves (gold at market value) 138.62 million SDR (2019)
- Total reserves (gold at national valuation) 138.62 million SDR (2019)
- Total reserves (gold at national valuation) (SDR), per capita 42.78 SDR per person (2019)
Frequently asked questions
- What is broad money in Eritrea?
- Broad money in Eritrea was 176.8% 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 176.8% in 2014.
- What is the lowest broad money recorded in Eritrea?
- The lowest recorded value was 87.0% in 1995.
- How does Eritrea rank for broad money?
- Eritrea ranks 7th out of 166 countries with data for 2014.
- Is broad money rising or falling in Eritrea?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.