Net foreign assets, flow in Eritrea

Eritrea: Net foreign assets, flow was 1.27 billion current LCU in 2011. ◆ Volatile

Latest (2011)
1.27 billion current LCU
Change on year
down 25.7%
World rank
29th
of 52 countries
All-time high
1.75 billion current LCU
in 2001
All-time low
-1.02 billion current LCU
in 1998
Years of data
16
1996–2011

Net foreign assets, flow in Eritrea, 1996–2011

-1.0B01.0B2.0B1996200320111996: 254.2M current LCU1997: -819.1M current LCU1998: -1.0B current LCU1999: 212.5M current LCU2000: -240.3M current LCU2001: 1.8B current LCU2002: 360.6M current LCU2003: 377.0M current LCU2004: 486.7M current LCU2005: -867.4M current LCU2006: -379.6M current LCU2007: -258.9M current LCU2008: 410.2M current LCU2009: 1.1B current LCU2010: 1.7B current LCU2011: 1.3B current LCU

Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.

Analysis

Eritrea recorded 1.27 billion current LCU for net foreign assets, flow in 2011.

The figure is down 25.7% on the previous year and down 27.3% over ten years.

Over the whole period, net foreign assets, flow in Eritrea peaked at 1.75 billion current LCU in 2001 and was at its lowest, -1.02 billion current LCU, in 1998.

That places Eritrea 29th out of 52 countries with data for 2011, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -343.46 million current LCU -1.02 billion current LCU 254.19 million current LCU 4
2000s 277.23 million current LCU -867.42 million current LCU 1.75 billion current LCU 10
2010s 1.49 billion current LCU 1.27 billion current LCU 1.71 billion current LCU 2

Countries ranked near Eritrea

  1. 26 Namibia 3.10 billion current LCU compare
  2. 27 Central African Republic 2.76 billion current LCU compare
  3. 28 Ghana 1.90 billion current LCU compare
  4. 30 Seychelles 773.45 million current LCU compare
  5. 31 Gambia 736.16 million current LCU compare
  6. 32 Zimbabwe 224.25 million current LCU compare

See the full ranking of 52 places →

More financial sector data for Eritrea

All data for Eritrea →

Frequently asked questions

What is net foreign assets, flow in Eritrea?
Net foreign assets, flow in Eritrea was 1.27 billion current LCU in 2011, according to International Monetary Fund, International Financial Statistics and data files.
What is the highest net foreign assets, flow recorded in Eritrea?
The highest recorded value was 1.75 billion current LCU in 2001.
What is the lowest net foreign assets, flow recorded in Eritrea?
The lowest recorded value was -1.02 billion current LCU in 1998.
How does Eritrea rank for net foreign assets, flow?
Eritrea ranks 29th out of 52 countries with data for 2011.
Is net foreign assets, flow rising or falling in Eritrea?
Over the last ten years it is down 27.3%. The long-run trend across the full record is volatile.
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, flow (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net foreign assets, flow (current LCU)
Unit
current LCU
Source
International Monetary Fund, International Financial Statistics and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 2,130 data points, 1961–2011
Last refreshed

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 local currency.