Net domestic credit (current LCU) in Eritrea
Eritrea: Net domestic credit (current LCU) was 62.33 billion current LCU in 2014. ◆ Volatile
Net domestic credit in Eritrea, 1995–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Eritrea recorded 62.33 billion current LCU for net domestic credit in 2014. That is the highest value across all 20 years on record.
That represents a change of up 11.2% on the previous year and up 238.8% over ten years.
Over the whole period, net domestic credit in Eritrea peaked at 62.33 billion current LCU in 2014 and was at its lowest, 1.85 billion current LCU, in 1995.
That places Eritrea 136th out of 187 countries with data for 2014, putting it 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) in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 1.85 billion current LCU | — |
| 1996 | 3.41 billion current LCU | +83.9% |
| 1997 | 3.62 billion current LCU | +6.4% |
| 1998 | 6.12 billion current LCU | +68.8% |
| 1999 | 8.30 billion current LCU | +35.7% |
| 2000 | 10.23 billion current LCU | +23.2% |
| 2001 | 11.32 billion current LCU | +10.7% |
| 2002 | 13.57 billion current LCU | +19.8% |
| 2003 | 15.79 billion current LCU | +16.4% |
| 2004 | 18.40 billion current LCU | +16.5% |
| 2005 | 21.22 billion current LCU | +15.3% |
| 2006 | 23.17 billion current LCU | +9.2% |
| 2007 | 24.55 billion current LCU | +5.9% |
| 2008 | 28.67 billion current LCU | +16.8% |
| 2009 | 32.29 billion current LCU | +12.6% |
| 2010 | 37.22 billion current LCU | +15.3% |
| 2011 | 41.68 billion current LCU | +12.0% |
| 2012 | 46.64 billion current LCU | +11.9% |
| 2013 | 56.07 billion current LCU | +20.2% |
| 2014 | 62.33 billion current LCU | +11.2% |
Eritrea compared with similar countries
- Eritrea's 62.33 billion current LCU is below the median for low income countries, which is 2.33 trillion current LCU, 3% of the median. (24 countries reporting)
- Eritrea's 62.33 billion current LCU is below the median for Sub-Saharan Africa, which is 1.92 trillion current LCU, 3% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +83.9% | 1.85 billion current LCU | 3.41 billion current LCU |
| 1998 | +68.8% | 3.62 billion current LCU | 6.12 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.66 billion current LCU | 1.85 billion current LCU | 8.30 billion current LCU | 5 |
| 2000s | 19.92 billion current LCU | 10.23 billion current LCU | 32.29 billion current LCU | 10 |
| 2010s | 48.79 billion current LCU | 37.22 billion current LCU | 62.33 billion current LCU | 5 |
Countries ranked near Eritrea
More financial sector data for Eritrea
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2011)
- Reserve position in the IMF, US dollar, per capita 0.0019 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2011)
- Reserve position in the IMF, SDR, per capita 0.0014 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2011)
- Reserve tranche position, US dollar, per capita 0.0019 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is net domestic credit in Eritrea?
- Net domestic credit in Eritrea was 62.33 billion current LCU in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Eritrea?
- The highest recorded value was 62.33 billion current LCU in 2014.
- What is the lowest net domestic credit recorded in Eritrea?
- The lowest recorded value was 1.85 billion current LCU in 1995.
- How does Eritrea rank for net domestic credit?
- Eritrea ranks 136th out of 187 countries with data for 2014.
- Is net domestic credit rising or falling in Eritrea?
- Over the last ten years it is up 238.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.