Financial Institutions Index in Eritrea
Eritrea: Financial Institutions Index was 0.1608 in 2020. ◆ Volatile
Financial Institutions Index in Eritrea, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions index in Eritrea stood at 0.1608.
Compared with earlier readings it is down 3.1% over ten years.
Over the whole period, financial institutions index in Eritrea peaked at 0.2287 in 2004 and was at its lowest, 0, in 1980.
That places Eritrea 175th out of 183 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Institutions 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 | 0.1731 | — |
| 1996 | 0.1899 | +9.7% |
| 1997 | 0.1895 | -0.2% |
| 1998 | 0.209 | +10.3% |
| 1999 | 0.194 | -7.2% |
| 2000 | 0.1909 | -1.6% |
| 2001 | 0.1943 | +1.8% |
| 2002 | 0.1923 | -1.0% |
| 2003 | 0.1925 | +0.1% |
| 2004 | 0.2287 | +18.8% |
| 2005 | 0.2237 | -2.2% |
| 2006 | 0.2155 | -3.6% |
| 2007 | 0.1648 | -23.5% |
| 2008 | 0.1796 | +9.0% |
| 2009 | 0.1703 | -5.2% |
| 2010 | 0.1659 | -2.6% |
| 2011 | 0.1638 | -1.2% |
| 2012 | 0.1654 | +0.9% |
| 2013 | 0.1678 | +1.5% |
| 2014 | 0.1633 | -2.7% |
| 2015 | 0.1639 | +0.3% |
| 2016 | 0.163 | -0.5% |
| 2017 | 0.162 | -0.6% |
| 2018 | 0.1613 | -0.4% |
| 2019 | 0.1608 | -0.3% |
| 2020 | 0.1608 | +0.0% |
Eritrea compared with similar countries
- Eritrea's 0.1608 is below the median for low income countries, which is 0.1872, 86% of the median. (22 countries reporting)
- Eritrea's 0.1608 is below the median for Sub-Saharan Africa, which is 0.2105, 76% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0955 | 0 | 0.209 | 10 |
| 2000s | 0.1953 | 0.1648 | 0.2287 | 10 |
| 2010s | 0.1637 | 0.1608 | 0.1678 | 10 |
| 2020s | 0.1608 | 0.1608 | 0.1608 | 1 |
Countries ranked near Eritrea
- 172 Cameroon 0.1712 compare
- 173 Tanzania 0.1659 compare
- 174 Equatorial Guinea 0.1647 compare
- 176 Sierra Leone 0.14 compare
- 177 French Polynesia 0.1375 compare
- 178 Chad 0.1318 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 financial institutions index in Eritrea?
- Financial institutions index in Eritrea was 0.1608 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Eritrea?
- The highest recorded value was 0.2287 in 2004.
- What is the lowest financial institutions index recorded in Eritrea?
- The lowest recorded value was 0 in 1980.
- How does Eritrea rank for financial institutions index?
- Eritrea ranks 175th out of 183 countries with data for 2020.
- Is financial institutions 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 Institutions 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.