Money and quasi money (M2), flow in Eritrea
Eritrea: Money and quasi money (M2), flow was 2.65 billion current LCU in 2011. ◆ Volatile
Money and quasi money (M2), flow in Eritrea, 1996–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
In 2011, money and quasi money (m2), flow in Eritrea stood at 2.65 billion current LCU.
That represents a change of up 117.7% on the previous year and down 14.8% over ten years.
Over the whole period, money and quasi money (m2), flow in Eritrea peaked at 4.71 billion current LCU in 2009 and was at its lowest, -14.98 billion current LCU, in 2010.
Eritrea ranks 44th of 52 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Money and quasi money (M2), flow in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 677.26 million current LCU | — |
| 1997 | 1.09 billion current LCU | +61.5% |
| 1998 | 1.02 billion current LCU | -6.4% |
| 1999 | 2.17 billion current LCU | +111.9% |
| 2000 | 1.41 billion current LCU | -34.9% |
| 2001 | 3.11 billion current LCU | +119.9% |
| 2002 | 2.64 billion current LCU | -15.1% |
| 2003 | 2.31 billion current LCU | -12.4% |
| 2004 | 2.06 billion current LCU | -10.7% |
| 2005 | 2.10 billion current LCU | +1.9% |
| 2006 | 1.26 billion current LCU | -40.2% |
| 2007 | 2.80 billion current LCU | +122.3% |
| 2008 | 4.11 billion current LCU | +46.9% |
| 2009 | 4.71 billion current LCU | +14.7% |
| 2010 | -14.98 billion current LCU | -417.9% |
| 2011 | 2.65 billion current LCU | -117.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.24 billion current LCU | 677.26 million current LCU | 2.17 billion current LCU | 4 |
| 2000s | 2.65 billion current LCU | 1.26 billion current LCU | 4.71 billion current LCU | 10 |
| 2010s | -6.17 billion current LCU | -14.98 billion current LCU | 2.65 billion current LCU | 2 |
Countries ranked near Eritrea
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 money and quasi money (m2), flow in Eritrea?
- Money and quasi money (m2), flow in Eritrea was 2.65 billion current LCU in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest money and quasi money (m2), flow recorded in Eritrea?
- The highest recorded value was 4.71 billion current LCU in 2009.
- What is the lowest money and quasi money (m2), flow recorded in Eritrea?
- The lowest recorded value was -14.98 billion current LCU in 2010.
- How does Eritrea rank for money and quasi money (m2), flow?
- Eritrea ranks 44th out of 52 countries with data for 2011.
- Is money and quasi money (m2), flow rising or falling in Eritrea?
- Over the last ten years it is down 14.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Money and quasi money (M2), flow (current LCU). Statizoid updates them automatically from the source API.
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About this data
Money and quasi money (M2), flow (current LCU) is the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government.