Net domestic credit, flow (current LCU) in Eritrea
Eritrea: Net domestic credit, flow (current LCU) was 4.48 billion current LCU in 2011. ▲ Rising
Net domestic credit, flow in Eritrea, 1996–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
In 2011, net domestic credit, flow in Eritrea stood at 4.48 billion current LCU.
Compared with earlier readings it is down 9.2% on the previous year and up 309.3% over ten years.
Over the whole period, net domestic credit, flow in Eritrea peaked at 4.93 billion current LCU in 2010 and was at its lowest, 217.10 million current LCU, in 1997.
Eritrea ranks 37th of 52 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Net domestic credit, flow (current LCU) in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 1.55 billion current LCU | — |
| 1997 | 217.10 million current LCU | -86.0% |
| 1998 | 2.50 billion current LCU | +1049.4% |
| 1999 | 2.18 billion current LCU | -12.5% |
| 2000 | 1.93 billion current LCU | -11.8% |
| 2001 | 1.09 billion current LCU | -43.2% |
| 2002 | 2.25 billion current LCU | +105.5% |
| 2003 | 2.22 billion current LCU | -1.2% |
| 2004 | 2.61 billion current LCU | +17.6% |
| 2005 | 2.82 billion current LCU | +8.1% |
| 2006 | 1.95 billion current LCU | -30.9% |
| 2007 | 1.37 billion current LCU | -29.6% |
| 2008 | 4.12 billion current LCU | +200.0% |
| 2009 | 3.62 billion current LCU | -12.0% |
| 2010 | 4.93 billion current LCU | +36.0% |
| 2011 | 4.48 billion current LCU | -9.2% |
Eritrea compared with similar countries
- Eritrea's 4.48 billion current LCU is below the median for low income countries, which is 40.70 billion current LCU, 11% of the median. (19 countries reporting)
- Eritrea's 4.48 billion current LCU is below the median for Sub-Saharan Africa, which is 37.43 billion current LCU, 12% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit, flow (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 |
|---|---|---|---|
| 1998 | +1049.4% | 217.10 million current LCU | 2.50 billion current LCU |
| 2008 | +200.0% | 1.37 billion current LCU | 4.12 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.61 billion current LCU | 217.10 million current LCU | 2.50 billion current LCU | 4 |
| 2000s | 2.40 billion current LCU | 1.09 billion current LCU | 4.12 billion current LCU | 10 |
| 2010s | 4.70 billion current LCU | 4.48 billion current LCU | 4.93 billion current LCU | 2 |
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, flow in Eritrea?
- Net domestic credit, flow in Eritrea was 4.48 billion current LCU in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest net domestic credit, flow recorded in Eritrea?
- The highest recorded value was 4.93 billion current LCU in 2010.
- What is the lowest net domestic credit, flow recorded in Eritrea?
- The lowest recorded value was 217.10 million current LCU in 1997.
- How does Eritrea rank for net domestic credit, flow?
- Eritrea ranks 37th out of 52 countries with data for 2011.
- Is net domestic credit, flow rising or falling in Eritrea?
- Over the last ten years it is up 309.3%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Net domestic credit, flow (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 credit to the non financial public sector, credit to the private sector, and other accounts. Data are in current local currency.