Foreign Assets, Net Foreign Assets in Eritrea
Eritrea: Foreign Assets, Net Foreign Assets was 2.90 billion in 2008. ▲ Rising
Foreign Assets, Net Foreign Assets in Eritrea, 1995–2008
Source: International Monetary Fund.
Analysis
In 2008, foreign assets, net foreign assets in Eritrea stood at 2.90 billion.
Compared with earlier readings it is up 16.5% on the previous year and up 177.1% over ten years.
Over the whole period, foreign assets, net foreign assets in Eritrea peaked at 3.99 billion in 2004 and was at its lowest, 1.02 billion, in 2000.
That places Eritrea 137th out of 178 countries with data for 2008, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Foreign Assets, Net Foreign Assets in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 2.63 billion | — |
| 1996 | 2.89 billion | +9.7% |
| 1997 | 2.07 billion | -28.4% |
| 1998 | 1.05 billion | -49.4% |
| 1999 | 1.26 billion | +20.3% |
| 2000 | 1.02 billion | -19.1% |
| 2001 | 2.77 billion | +172.1% |
| 2002 | 3.13 billion | +13.0% |
| 2003 | 3.51 billion | +12.0% |
| 2004 | 3.99 billion | +13.9% |
| 2005 | 3.13 billion | -21.7% |
| 2006 | 2.75 billion | -12.1% |
| 2007 | 2.49 billion | -9.4% |
| 2008 | 2.90 billion | +16.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.98 billion | 1.05 billion | 2.89 billion | 5 |
| 2000s | 2.85 billion | 1.02 billion | 3.99 billion | 9 |
Countries ranked near Eritrea
More financial sector data for Eritrea
- Total reserves (gold at national valuation) (SDR), annual growth rate 18.26 % change on previous year (2019)
- Total reserves (gold at national valuation) (SDR), per capita 42.78 SDR per person (2019)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2000)
- Total reserves in months of imports, per capita 0 units per person (2000)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 18.93 % change on previous year (2019)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0346 SDR per US$ of GDP (2011)
- Reserves excluding gold, foreign exchange (SDR), per capita 41.73 SDR per person (2019)
- Reserves excluding gold (SDR), annual growth rate 18.26 % change on previous year (2019)
- Reserves excluding gold (SDR), per capita 42.78 SDR per person (2019)
- Total reserves (gold at market value) (SDR), annual growth rate 18.26 % change on previous year (2019)
Frequently asked questions
- What is foreign assets, net foreign assets in Eritrea?
- Foreign assets, net foreign assets in Eritrea was 2.90 billion in 2008, according to International Monetary Fund.
- What is the highest foreign assets, net foreign assets recorded in Eritrea?
- The highest recorded value was 3.99 billion in 2004.
- What is the lowest foreign assets, net foreign assets recorded in Eritrea?
- The lowest recorded value was 1.02 billion in 2000.
- How does Eritrea rank for foreign assets, net foreign assets?
- Eritrea ranks 137th out of 178 countries with data for 2008.
- Is foreign assets, net foreign assets rising or falling in Eritrea?
- Over the last ten years it is up 177.1%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, published as part of Foreign Assets, Net Foreign Assets (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.