Net foreign assets (current LCU), per unit of GDP in Eritrea
Eritrea: Net foreign assets (current LCU), per unit of GDP was 3.4 current LCU per US$ of GDP in 2011. ▼ Falling
Net foreign assets (current LCU), per unit of GDP in Eritrea, 1995–2011
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Eritrea recorded 3.4 current LCU per US$ of GDP for net foreign assets (current lcu), per unit of gdp in 2011.
The figure is down 6.0% on the previous year and down 7.7% over ten years.
Over the whole period, net foreign assets (current lcu), per unit of gdp in Eritrea peaked at 4.55 current LCU per US$ of GDP in 1995 and was at its lowest, 1.4 current LCU per US$ of GDP, in 1998.
Eritrea ranks 86th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Net foreign assets (current LCU), per unit of GDP in Eritrea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 4.55 current LCU per US$ of GDP | — |
| 1996 | 4.16 current LCU per US$ of GDP | -8.6% |
| 1997 | 3.01 current LCU per US$ of GDP | -27.6% |
| 1998 | 1.4 current LCU per US$ of GDP | -53.4% |
| 1999 | 1.83 current LCU per US$ of GDP | +30.2% |
| 2000 | 1.44 current LCU per US$ of GDP | -21.1% |
| 2001 | 3.68 current LCU per US$ of GDP | +155.4% |
| 2002 | 4.29 current LCU per US$ of GDP | +16.6% |
| 2003 | 4.03 current LCU per US$ of GDP | -6.1% |
| 2004 | 3.6 current LCU per US$ of GDP | -10.6% |
| 2005 | 2.85 current LCU per US$ of GDP | -21.0% |
| 2006 | 2.27 current LCU per US$ of GDP | -20.3% |
| 2007 | 1.89 current LCU per US$ of GDP | -16.8% |
| 2008 | 2.1 current LCU per US$ of GDP | +11.2% |
| 2009 | 2.17 current LCU per US$ of GDP | +3.4% |
| 2010 | 3.61 current LCU per US$ of GDP | +66.5% |
| 2011 | 3.4 current LCU per US$ of GDP | -6.0% |
Eritrea compared with similar countries
- Eritrea's 3.4 current LCU per US$ of GDP is below the median for low income countries, which is 12.33 current LCU per US$ of GDP, 28% of the median. (24 countries reporting)
- Eritrea's 3.4 current LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 12.33 current LCU per US$ of GDP, 28% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets (current LCU), per unit of GDP 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 |
|---|---|---|---|
| 2001 | +155.4% | 1.44 current LCU per US$ of GDP | 3.68 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.99 current LCU per US$ of GDP | 1.4 current LCU per US$ of GDP | 4.55 current LCU per US$ of GDP | 5 |
| 2000s | 2.83 current LCU per US$ of GDP | 1.44 current LCU per US$ of GDP | 4.29 current LCU per US$ of GDP | 10 |
| 2010s | 3.51 current LCU per US$ of GDP | 3.4 current LCU per US$ of GDP | 3.61 current LCU per US$ of GDP | 2 |
Countries ranked near Eritrea
- 83 Honduras 4.6 current LCU per US$ of GDP compare
- 84 Luxembourg 4.28 current LCU per US$ of GDP compare
- 85 Solomon Islands 3.57 current LCU per US$ of GDP compare
- 87 South Africa 3.34 current LCU per US$ of GDP compare
- 88 Egypt 3.04 current LCU per US$ of GDP compare
- 89 Botswana 3.01 current LCU per US$ of GDP compare
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 foreign assets (current lcu), per unit of gdp in Eritrea?
- Net foreign assets (current lcu), per unit of gdp in Eritrea was 3.4 current LCU per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per unit of gdp recorded in Eritrea?
- The highest recorded value was 4.55 current LCU per US$ of GDP in 1995.
- What is the lowest net foreign assets (current lcu), per unit of gdp recorded in Eritrea?
- The lowest recorded value was 1.4 current LCU per US$ of GDP in 1998.
- How does Eritrea rank for net foreign assets (current lcu), per unit of gdp?
- Eritrea ranks 86th out of 186 countries with data for 2011.
- Is net foreign assets (current lcu), per unit of gdp rising or falling in Eritrea?
- Over the last ten years it is down 7.7%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from Statizoid (derived), published as part of Net foreign assets (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Net foreign assets (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net foreign assets (current LCU) ÷ GDP (current US$)
Computed from
- Net foreign assets 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 foreign assets (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.