Net domestic credit (current LCU), per unit of GDP in Eritrea
Eritrea: Net domestic credit (current LCU), per unit of GDP was 20.18 current LCU per US$ of GDP in 2011. ▲ Rising
Net domestic credit (current LCU), per unit of GDP in Eritrea, 1995–2011
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for net domestic credit (current lcu), per unit of gdp in Eritrea is 20.18 current LCU per US$ of GDP, measured in 2011.
That represents a change of down 13.8% on the previous year and up 34.1% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Eritrea peaked at 23.42 current LCU per US$ of GDP in 2010 and was at its lowest, 3.21 current LCU per US$ of GDP, in 1995.
Eritrea ranks 76th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Net domestic credit (current LCU), per unit of GDP in Eritrea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 3.21 current LCU per US$ of GDP | — |
| 1996 | 4.91 current LCU per US$ of GDP | +53.2% |
| 1997 | 5.28 current LCU per US$ of GDP | +7.5% |
| 1998 | 8.21 current LCU per US$ of GDP | +55.5% |
| 1999 | 12.05 current LCU per US$ of GDP | +46.8% |
| 2000 | 14.48 current LCU per US$ of GDP | +20.1% |
| 2001 | 15.05 current LCU per US$ of GDP | +3.9% |
| 2002 | 18.61 current LCU per US$ of GDP | +23.6% |
| 2003 | 18.14 current LCU per US$ of GDP | -2.5% |
| 2004 | 16.59 current LCU per US$ of GDP | -8.6% |
| 2005 | 19.32 current LCU per US$ of GDP | +16.5% |
| 2006 | 19.13 current LCU per US$ of GDP | -1.0% |
| 2007 | 18.63 current LCU per US$ of GDP | -2.7% |
| 2008 | 20.77 current LCU per US$ of GDP | +11.5% |
| 2009 | 17.39 current LCU per US$ of GDP | -16.3% |
| 2010 | 23.42 current LCU per US$ of GDP | +34.6% |
| 2011 | 20.18 current LCU per US$ of GDP | -13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.73 current LCU per US$ of GDP | 3.21 current LCU per US$ of GDP | 12.05 current LCU per US$ of GDP | 5 |
| 2000s | 17.81 current LCU per US$ of GDP | 14.48 current LCU per US$ of GDP | 20.77 current LCU per US$ of GDP | 10 |
| 2010s | 21.8 current LCU per US$ of GDP | 20.18 current LCU per US$ of GDP | 23.42 current LCU per US$ of GDP | 2 |
Countries ranked near Eritrea
- 73 Mozambique 26.63 current LCU per US$ of GDP compare
- 74 Syria 23.99 current LCU per US$ of GDP compare
- 75 Honduras 20.85 current LCU per US$ of GDP compare
- 77 Türkiye 19.64 current LCU per US$ of GDP compare
- 78 Hong Kong 19.14 current LCU per US$ of GDP compare
- 79 China 18.86 current LCU per US$ of GDP 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), per unit of gdp in Eritrea?
- Net domestic credit (current lcu), per unit of gdp in Eritrea was 20.18 current LCU per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Eritrea?
- The highest recorded value was 23.42 current LCU per US$ of GDP in 2010.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 3.21 current LCU per US$ of GDP in 1995.
- How does Eritrea rank for net domestic credit (current lcu), per unit of gdp?
- Eritrea ranks 76th out of 186 countries with data for 2011.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.