Claims on other sectors of the domestic economy in Eritrea
Eritrea: Claims on other sectors of the domestic economy was 9.1% in 2014. ◆ Volatile
Claims on other sectors of the domestic economy in Eritrea, 2002–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
The most recent figure for claims on other sectors of the domestic economy in Eritrea is 9.1%, measured in 2014.
Compared with earlier readings it is down 44.8% on the previous year and up 177.0% over ten years.
Over the whole period, claims on other sectors of the domestic economy in Eritrea peaked at 16.5% in 2013 and was at its lowest, -2.9%, in 2007.
That places Eritrea 44th out of 151 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on other sectors of the domestic economy in Eritrea, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 2002 | 3.7% | — |
| 2003 | 1.4% | -61.1% |
| 2004 | 3.3% | +127.1% |
| 2005 | 3.4% | +3.0% |
| 2006 | 0.4% | -88.8% |
| 2007 | -2.9% | -855.9% |
| 2008 | 2.0% | -168.3% |
| 2009 | 0.2% | -88.6% |
| 2010 | 1.6% | +612.1% |
| 2011 | 1.0% | -39.8% |
| 2012 | 2.3% | +145.4% |
| 2013 | 16.5% | +603.4% |
| 2014 | 9.1% | -44.8% |
Eritrea compared with similar countries
- Eritrea's 9.1% is above the median for low income countries, which is 7.3%, 1.3× the median. (21 countries reporting)
- Eritrea's 9.1% is above the median for Sub-Saharan Africa, which is 6.5%, 1.4× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4% | -2.9% | 3.7% | 8 |
| 2010s | 6.1% | 1.0% | 16.5% | 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 claims on other sectors of the domestic economy in Eritrea?
- Claims on other sectors of the domestic economy in Eritrea was 9.1% in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on other sectors of the domestic economy recorded in Eritrea?
- The highest recorded value was 16.5% in 2013.
- What is the lowest claims on other sectors of the domestic economy recorded in Eritrea?
- The lowest recorded value was -2.9% in 2007.
- How does Eritrea rank for claims on other sectors of the domestic economy?
- Eritrea ranks 44th out of 151 countries with data for 2014.
- Is claims on other sectors of the domestic economy rising or falling in Eritrea?
- Over the last ten years it is up 177.0%. 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 Claims on other sectors of the domestic economy (annual growth as % of broad money). Statizoid updates them automatically from the source API.
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About this data
Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. 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 represents the annual percentage growth in the ratio of claims to broad money.