Consolidated foreign claims of BIS reporting banks to GDP in Eritrea
Eritrea: Consolidated foreign claims of BIS reporting banks to GDP was 0.0% in 2020. ◆ Volatile
Consolidated foreign claims of BIS reporting banks to GDP in Eritrea, 1998–2020
Source: Consolidated banking statistics, Bank for International Settlements (BIS). Measured in %.
Analysis
In 2020, consolidated foreign claims of bis reporting banks to gdp in Eritrea stood at 0.0%. That is the lowest value across all 22 years on record.
That represents a change of down 22.9% on the previous year and down 98.2% over ten years.
Over the whole period, consolidated foreign claims of bis reporting banks to gdp in Eritrea peaked at 4.1% in 2002 and was at its lowest, 0.0%, in 2020.
Eritrea ranks 182nd of 182 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Consolidated foreign claims of BIS reporting banks to GDP in Eritrea, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 2.3% | — |
| 2000 | 1.4% | -37.9% |
| 2001 | 2.4% | +69.0% |
| 2002 | 4.1% | +71.9% |
| 2003 | 3.1% | -24.6% |
| 2004 | 2.8% | -9.9% |
| 2005 | 1.0% | -64.2% |
| 2006 | 1.3% | +31.9% |
| 2007 | 1.0% | -25.3% |
| 2008 | 1.0% | +2.8% |
| 2009 | 0.4% | -57.5% |
| 2010 | 0.6% | +46.0% |
| 2011 | 0.5% | -15.3% |
| 2012 | 1.3% | +142.7% |
| 2013 | 0.5% | -58.2% |
| 2014 | 1.5% | +170.2% |
| 2015 | 2.5% | +70.4% |
| 2016 | 0.2% | -92.0% |
| 2017 | 0.0% | -90.2% |
| 2018 | 0.2% | +1093.9% |
| 2019 | 0.0% | -93.7% |
| 2020 | 0.0% | -22.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.3% | 2.3% | 2.3% | 1 |
| 2000s | 1.9% | 0.4% | 4.1% | 10 |
| 2010s | 0.7% | 0.0% | 2.5% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Eritrea
- 179 Tajikistan 0.4% compare
- 180 Lesotho 0.1% compare
- 181 South Sudan 0.0% compare
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 consolidated foreign claims of bis reporting banks to gdp in Eritrea?
- Consolidated foreign claims of bis reporting banks to gdp in Eritrea was 0.0% in 2020, according to Consolidated banking statistics, Bank for International Settlements (BIS).
- What is the highest consolidated foreign claims of bis reporting banks to gdp recorded in Eritrea?
- The highest recorded value was 4.1% in 2002.
- What is the lowest consolidated foreign claims of bis reporting banks to gdp recorded in Eritrea?
- The lowest recorded value was 0.0% in 2020.
- How does Eritrea rank for consolidated foreign claims of bis reporting banks to gdp?
- Eritrea ranks 182nd out of 182 countries with data for 2020.
- Is consolidated foreign claims of bis reporting banks to gdp rising or falling in Eritrea?
- Over the last ten years it is down 98.2%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Consolidated banking statistics, Bank for International Settlements (BIS), published as part of Consolidated foreign claims of BIS reporting banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.