Net domestic credit (current LCU), annual growth rate in Eritrea
Eritrea: Net domestic credit (current LCU), annual growth rate was 11.16 % change on previous year in 2014. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Eritrea, 1996–2014
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Eritrea recorded 11.16 % change on previous year for net domestic credit (current lcu), annual growth rate in 2014.
The figure is down 44.8% on the previous year and down 32.5% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Eritrea peaked at 83.86 % change on previous year in 1996 and was at its lowest, 5.93 % change on previous year, in 2007.
Eritrea ranks 78th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Eritrea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 83.86 % change on previous year | — |
| 1997 | 6.37 % change on previous year | -92.4% |
| 1998 | 68.84 % change on previous year | +980.5% |
| 1999 | 35.69 % change on previous year | -48.2% |
| 2000 | 23.19 % change on previous year | -35.0% |
| 2001 | 10.69 % change on previous year | -53.9% |
| 2002 | 19.85 % change on previous year | +85.6% |
| 2003 | 16.36 % change on previous year | -17.6% |
| 2004 | 16.53 % change on previous year | +1.1% |
| 2005 | 15.34 % change on previous year | -7.2% |
| 2006 | 9.19 % change on previous year | -40.1% |
| 2007 | 5.93 % change on previous year | -35.5% |
| 2008 | 16.79 % change on previous year | +183.2% |
| 2009 | 12.64 % change on previous year | -24.7% |
| 2010 | 15.27 % change on previous year | +20.8% |
| 2011 | 11.97 % change on previous year | -21.6% |
| 2012 | 11.91 % change on previous year | -0.5% |
| 2013 | 20.23 % change on previous year | +69.9% |
| 2014 | 11.16 % change on previous year | -44.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.69 % change on previous year | 6.37 % change on previous year | 83.86 % change on previous year | 4 |
| 2000s | 14.65 % change on previous year | 5.93 % change on previous year | 23.19 % change on previous year | 10 |
| 2010s | 14.11 % change on previous year | 11.16 % change on previous year | 20.23 % change on previous year | 5 |
Countries ranked near Eritrea
- 75 Brazil 11.32 % change on previous year compare
- 76 Bahrain 11.22 % change on previous year compare
- 77 South Africa 11.21 % change on previous year compare
- 79 Senegal 10.99 % change on previous year compare
- 80 United Arab Emirates 10.95 % change on previous year compare
- 81 Pakistan 10.73 % change on previous year compare
More financial sector data for Eritrea
- 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)
- Total reserves (gold at market value) (SDR), per capita 42.78 SDR per person (2019)
- Total reserves (gold at national valuation) (SDR), annual growth rate 18.26 % change on previous year (2019)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Eritrea?
- Net domestic credit (current lcu), annual growth rate in Eritrea was 11.16 % change on previous year in 2014, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Eritrea?
- The highest recorded value was 83.86 % change on previous year in 1996.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Eritrea?
- The lowest recorded value was 5.93 % change on previous year in 2007.
- How does Eritrea rank for net domestic credit (current lcu), annual growth rate?
- Eritrea ranks 78th out of 186 countries with data for 2014.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Eritrea?
- Over the last ten years it is down 32.5%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.