Financial Institutions Depth Index in Eritrea
Eritrea: Financial Institutions Depth Index was 0.0434 in 2020. ◆ Volatile
Financial Institutions Depth Index in Eritrea, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Eritrea stood at 0.0434.
The figure is down 21.3% over ten years.
Over the whole period, financial institutions depth index in Eritrea peaked at 0.1451 in 1998 and was at its lowest, 0, in 1980.
Eritrea ranks 161st 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.
Financial Institutions Depth Index in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0 | — |
| 1993 | 0 | — |
| 1994 | 0 | — |
| 1995 | 0.069 | — |
| 1996 | 0.1078 | +56.1% |
| 1997 | 0.1071 | -0.6% |
| 1998 | 0.1451 | +35.6% |
| 1999 | 0.1106 | -23.8% |
| 2000 | 0.1081 | -2.2% |
| 2001 | 0.1114 | +3.0% |
| 2002 | 0.1067 | -4.2% |
| 2003 | 0.1073 | +0.5% |
| 2004 | 0.1007 | -6.1% |
| 2005 | 0.0991 | -1.5% |
| 2006 | 0.0931 | -6.1% |
| 2007 | 0.0775 | -16.8% |
| 2008 | 0.0869 | +12.2% |
| 2009 | 0.0655 | -24.7% |
| 2010 | 0.0552 | -15.7% |
| 2011 | 0.0504 | -8.6% |
| 2012 | 0.054 | +7.0% |
| 2013 | 0.0597 | +10.6% |
| 2014 | 0.0493 | -17.4% |
| 2015 | 0.0506 | +2.6% |
| 2016 | 0.0486 | -3.9% |
| 2017 | 0.0462 | -5.0% |
| 2018 | 0.0447 | -3.3% |
| 2019 | 0.0434 | -2.9% |
| 2020 | 0.0434 | +0.0% |
Eritrea compared with similar countries
- Eritrea's 0.0434 is below the median for low income countries, which is 0.0439, 99% of the median. (22 countries reporting)
- Eritrea's 0.0434 is below the median for Sub-Saharan Africa, which is 0.0655, 66% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Depth Index 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 |
|---|---|---|---|
| 1996 | +56.1% | 0.069 | 0.1078 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.054 | 0 | 0.1451 | 10 |
| 2000s | 0.0956 | 0.0655 | 0.1114 | 10 |
| 2010s | 0.0502 | 0.0434 | 0.0597 | 10 |
| 2020s | 0.0434 | 0.0434 | 0.0434 | 1 |
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 financial institutions depth index in Eritrea?
- Financial institutions depth index in Eritrea was 0.0434 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Eritrea?
- The highest recorded value was 0.1451 in 1998.
- What is the lowest financial institutions depth index recorded in Eritrea?
- The lowest recorded value was 0 in 1980.
- How does Eritrea rank for financial institutions depth index?
- Eritrea ranks 161st out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Eritrea?
- Over the last ten years it is down 21.3%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Depth Index. Statizoid updates them automatically from the source API.
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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.