Net foreign assets in Eritrea
Eritrea: Net foreign assets was 10.37 billion current LCU in 2014. ◆ Volatile
Net foreign assets in Eritrea, 1995–2014
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Eritrea recorded 10.37 billion current LCU for net foreign assets in 2014. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 27.1% on the previous year and up 159.7% over ten years.
Over the whole period, net foreign assets in Eritrea peaked at 10.37 billion current LCU in 2014 and was at its lowest, 1.02 billion current LCU, in 2000.
That places Eritrea 142nd out of 187 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets in Eritrea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 2.63 billion current LCU | — |
| 1996 | 2.89 billion current LCU | +9.7% |
| 1997 | 2.07 billion current LCU | -28.4% |
| 1998 | 1.05 billion current LCU | -49.4% |
| 1999 | 1.26 billion current LCU | +20.3% |
| 2000 | 1.02 billion current LCU | -19.1% |
| 2001 | 2.77 billion current LCU | +172.1% |
| 2002 | 3.13 billion current LCU | +13.0% |
| 2003 | 3.51 billion current LCU | +12.0% |
| 2004 | 3.99 billion current LCU | +13.9% |
| 2005 | 3.13 billion current LCU | -21.7% |
| 2006 | 2.75 billion current LCU | -12.1% |
| 2007 | 2.49 billion current LCU | -9.4% |
| 2008 | 2.90 billion current LCU | +16.5% |
| 2009 | 4.03 billion current LCU | +39.1% |
| 2010 | 5.74 billion current LCU | +42.5% |
| 2011 | 7.02 billion current LCU | +22.2% |
| 2012 | 8.25 billion current LCU | +17.6% |
| 2013 | 8.16 billion current LCU | -1.2% |
| 2014 | 10.37 billion current LCU | +27.1% |
Eritrea compared with similar countries
- Eritrea's 10.37 billion current LCU is below the median for low income countries, which is 280.01 billion current LCU, 4% of the median. (24 countries reporting)
- Eritrea's 10.37 billion current LCU is below the median for Sub-Saharan Africa, which is 241.93 billion current LCU, 4% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets 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 | +172.1% | 1.02 billion current LCU | 2.77 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.98 billion current LCU | 1.05 billion current LCU | 2.89 billion current LCU | 5 |
| 2000s | 2.97 billion current LCU | 1.02 billion current LCU | 4.03 billion current LCU | 10 |
| 2010s | 7.91 billion current LCU | 5.74 billion current LCU | 10.37 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 foreign assets in Eritrea?
- Net foreign assets in Eritrea was 10.37 billion current LCU in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Eritrea?
- The highest recorded value was 10.37 billion current LCU in 2014.
- What is the lowest net foreign assets recorded in Eritrea?
- The lowest recorded value was 1.02 billion current LCU in 2000.
- How does Eritrea rank for net foreign assets?
- Eritrea ranks 142nd out of 187 countries with data for 2014.
- Is net foreign assets rising or falling in Eritrea?
- Over the last ten years it is up 159.7%. 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 foreign assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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.