Money in Eritrea
Eritrea: Money was 13.78 billion in 2008. ◆ Volatile
Money in Eritrea, 1995–2008
Source: International Monetary Fund.
Analysis
In 2008, money in Eritrea stood at 13.78 billion. That is the highest value across all 14 years on record.
That represents a change of up 19.6% on the previous year and up 482.3% over ten years.
Over the whole period, money in Eritrea peaked at 13.78 billion in 2008 and was at its lowest, 1.13 billion, in 1995.
That places Eritrea 121st out of 162 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Money in Eritrea, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1.13 billion | — |
| 1996 | 1.47 billion | +29.9% |
| 1997 | 2.01 billion | +36.1% |
| 1998 | 2.37 billion | +18.0% |
| 1999 | 3.47 billion | +46.4% |
| 2000 | 3.93 billion | +13.4% |
| 2001 | 5.03 billion | +27.9% |
| 2002 | 5.98 billion | +19.0% |
| 2003 | 6.93 billion | +15.8% |
| 2004 | 7.80 billion | +12.6% |
| 2005 | 9.10 billion | +16.7% |
| 2006 | 9.64 billion | +5.9% |
| 2007 | 11.52 billion | +19.6% |
| 2008 | 13.78 billion | +19.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.09 billion | 1.13 billion | 3.47 billion | 5 |
| 2000s | 8.19 billion | 3.93 billion | 13.78 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 money in Eritrea?
- Money in Eritrea was 13.78 billion in 2008, according to International Monetary Fund.
- What is the highest money recorded in Eritrea?
- The highest recorded value was 13.78 billion in 2008.
- What is the lowest money recorded in Eritrea?
- The lowest recorded value was 1.13 billion in 1995.
- How does Eritrea rank for money?
- Eritrea ranks 121st out of 162 countries with data for 2008.
- Is money rising or falling in Eritrea?
- Over the last ten years it is up 482.3%. 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 Money (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.