Claims on private sector (annual growth as % of M2) in Eritrea
Eritrea: Claims on private sector (annual growth as % of M2) was 2.4% in 2007. ◆ Volatile
Claims on private sector in Eritrea, 1996–2007
Source: International Monetary Fund, International Financial Statistics and data files. Measured in annual growth as % of M2.
Analysis
The most recent figure for claims on private sector in Eritrea is 2.4%, measured in 2007.
The figure is up 141.5% on the previous year and down 81.3% over ten years.
Over the whole period, claims on private sector in Eritrea peaked at 18.4% in 1998 and was at its lowest, -10.5%, in 1999.
Eritrea ranks 42nd of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on private sector (annual growth as % of M2) in Eritrea, year by year
| Year | annual growth as % of M2 | Change |
|---|---|---|
| 1996 | 14.4% | — |
| 1997 | 12.6% | -12.5% |
| 1998 | 18.4% | +46.1% |
| 1999 | -10.5% | -157.1% |
| 2000 | 1.4% | -113.5% |
| 2001 | 5.2% | +268.5% |
| 2002 | 3.4% | -34.8% |
| 2003 | 4.0% | +18.4% |
| 2004 | 3.0% | -24.3% |
| 2005 | 2.8% | -6.5% |
| 2006 | 1.0% | -65.6% |
| 2007 | 2.4% | +141.5% |
Eritrea compared with similar countries
- Eritrea's 2.4% is below the median for Sub-Saharan Africa, which is 12.0%, 20% of the median. (46 countries reporting)
- Eritrea's 2.4% is below the median for low income countries, which is 9.1%, 26% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.7% | -10.5% | 18.4% | 4 |
| 2000s | 2.9% | 1.0% | 5.2% | 8 |
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 claims on private sector in Eritrea?
- Claims on private sector in Eritrea was 2.4% in 2007, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest claims on private sector recorded in Eritrea?
- The highest recorded value was 18.4% in 1998.
- What is the lowest claims on private sector recorded in Eritrea?
- The lowest recorded value was -10.5% in 1999.
- How does Eritrea rank for claims on private sector?
- Eritrea ranks 42nd out of 50 countries with data for 2007.
- Is claims on private sector rising or falling in Eritrea?
- Over the last ten years it is down 81.3%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Claims on private sector (annual growth as % of M2). Statizoid updates them automatically from the source API.
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About this data
Claims on private sector (IFS line 32d) include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Money and quasi money (M2) comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government.