Net foreign assets in Eritrea
Eritrea: Net foreign assets was 262.16 million current US$ in 2009. ▼ Falling
Net foreign assets in Eritrea, 1995–2009
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current US$.
Analysis
In 2009, net foreign assets in Eritrea stood at 262.16 million current US$.
Compared with earlier readings it is up 39.1% on the previous year and up 100.0% over ten years.
Over the whole period, net foreign assets in Eritrea peaked at 454.07 million current US$ in 1996 and was at its lowest, 99.81 million current US$, in 2000.
Eritrea ranks 39th of 51 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Net foreign assets in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 417.15 million current US$ | — |
| 1996 | 454.07 million current US$ | +8.9% |
| 1997 | 291.17 million current US$ | -35.9% |
| 1998 | 137.67 million current US$ | -52.7% |
| 1999 | 131.08 million current US$ | -4.8% |
| 2000 | 99.81 million current US$ | -23.9% |
| 2001 | 200.86 million current US$ | +101.2% |
| 2002 | 221.53 million current US$ | +10.3% |
| 2003 | 254.39 million current US$ | +14.8% |
| 2004 | 289.68 million current US$ | +13.9% |
| 2005 | 203.36 million current US$ | -29.8% |
| 2006 | 178.67 million current US$ | -12.1% |
| 2007 | 161.84 million current US$ | -9.4% |
| 2008 | 188.51 million current US$ | +16.5% |
| 2009 | 262.16 million current US$ | +39.1% |
Eritrea compared with similar countries
- Eritrea's 262.16 million current US$ is below the median for low income countries, which is 369.86 million current US$, 71% of the median. (19 countries reporting)
- Eritrea's 262.16 million current US$ is below the median for Sub-Saharan Africa, which is 1.19 billion current US$, 22% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 286.23 million current US$ | 131.08 million current US$ | 454.07 million current US$ | 5 |
| 2000s | 206.08 million current US$ | 99.81 million current US$ | 289.68 million current US$ | 10 |
Countries ranked near Eritrea
- 36 Liberia 369.86 million current US$ compare
- 37 Sierra Leone 353.09 million current US$ compare
- 38 Seychelles 310.57 million current US$ compare
- 40 Guinea-Bissau 261.40 million current US$ compare
- 41 Cape Verde 235.16 million current US$ compare
- 42 Mauritania 163.75 million current US$ 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 in Eritrea?
- Net foreign assets in Eritrea was 262.16 million current US$ in 2009, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest net foreign assets recorded in Eritrea?
- The highest recorded value was 454.07 million current US$ in 1996.
- What is the lowest net foreign assets recorded in Eritrea?
- The lowest recorded value was 99.81 million current US$ in 2000.
- How does Eritrea rank for net foreign assets?
- Eritrea ranks 39th out of 51 countries with data for 2009.
- Is net foreign assets rising or falling in Eritrea?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is falling.
- 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 foreign assets (current US$). 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. Data are in current U.S. dollars.