Financial Development Index in Eritrea
Eritrea: Financial Development Index was 0.0819 in 2020. β Volatile
Financial Development Index in Eritrea, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Eritrea is 0.0819, measured in 2020.
That represents a change of down 3.1% over ten years.
Over the whole period, financial development index in Eritrea peaked at 0.1165 in 2004 and was at its lowest, 0, in 1980.
Eritrea ranks 176th of 183 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0486 | 0 | 0.1064 | 10 |
| 2000s | 0.0994 | 0.0839 | 0.1165 | 10 |
| 2010s | 0.0834 | 0.0819 | 0.0855 | 10 |
| 2020s | 0.0819 | 0.0819 | 0.0819 | 1 |
Countries ranked near Eritrea
- 173 Cameroon 0.0883 compare
- 174 Equatorial Guinea 0.0839 compare
- 175 Chad 0.082 compare
- 177 Sierra Leone 0.0738 compare
- 178 French Polynesia 0.07 compare
- 179 Micronesia (Federated States of) 0.0559 compare
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 financial development index in Eritrea?
- Financial development index in Eritrea was 0.0819 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Eritrea?
- The highest recorded value was 0.1165 in 2004.
- What is the lowest financial development index recorded in Eritrea?
- The lowest recorded value was 0 in 1980.
- How does Eritrea rank for financial development index?
- Eritrea ranks 176th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Eritrea?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.