Broad money to total reserves ratio (International Financial) in Eritrea
Eritrea: Broad money to total reserves ratio (International Financial) was 29.63 in 2014. ◆ Volatile
Broad money to total reserves ratio in Eritrea, 1995–2014
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2014, broad money to total reserves ratio in Eritrea stood at 29.63.
The figure is down 0.8% on the previous year and down 28.0% over ten years.
Over the whole period, broad money to total reserves ratio in Eritrea peaked at 63.65 in 2006 and was at its lowest, 3.02, in 1997.
Eritrea ranks 8th of 159 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money to total reserves ratio (International Financial) in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 12.42 | — |
| 1996 | 7.54 | -39.3% |
| 1997 | 3.02 | -59.9% |
| 1998 | 11.98 | +297.0% |
| 1999 | 17.05 | +42.3% |
| 2000 | 27.59 | +61.8% |
| 2001 | 22.26 | -19.3% |
| 2002 | 36.29 | +63.0% |
| 2003 | 51.47 | +41.8% |
| 2004 | 41.15 | -20.1% |
| 2005 | 50.8 | +23.5% |
| 2006 | 63.65 | +25.3% |
| 2007 | 51.92 | -18.4% |
| 2008 | 34.8 | -33.0% |
| 2009 | 25.07 | -28.0% |
| 2010 | 22.85 | -8.9% |
| 2011 | 25.92 | +13.5% |
| 2012 | 25.76 | -0.6% |
| 2013 | 29.87 | +16.0% |
| 2014 | 29.63 | -0.8% |
Eritrea compared with similar countries
- Eritrea's 29.63 is above the median for low income countries, which is 3.24, 9.1× the median. (20 countries reporting)
- Eritrea's 29.63 is above the median for Sub-Saharan Africa, which is 2.91, 10.2× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Broad money to total reserves ratio (International Financial) 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 |
|---|---|---|---|
| 1998 | +297.0% | 3.02 | 11.98 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.4 | 3.02 | 17.05 | 5 |
| 2000s | 40.5 | 22.26 | 63.65 | 10 |
| 2010s | 26.81 | 22.85 | 29.87 | 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 to total reserves ratio in Eritrea?
- Broad money to total reserves ratio in Eritrea was 29.63 in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Eritrea?
- The highest recorded value was 63.65 in 2006.
- What is the lowest broad money to total reserves ratio recorded in Eritrea?
- The lowest recorded value was 3.02 in 1997.
- How does Eritrea rank for broad money to total reserves ratio?
- Eritrea ranks 8th out of 159 countries with data for 2014.
- Is broad money to total reserves ratio rising or falling in Eritrea?
- Over the last ten years it is down 28.0%. 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 to total reserves ratio. 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. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).