Private credit by deposit money banks to GDP in Eritrea
Eritrea: Private credit by deposit money banks to GDP was 18.6% in 2014. ▼ Falling
Private credit by deposit money banks to GDP in Eritrea, 1995–2014
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Eritrea recorded 18.6% for private credit by deposit money banks to gdp in 2014.
That represents a change of down 20.2% on the previous year and down 43.8% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Eritrea peaked at 53.7% in 1998 and was at its lowest, 17.2%, in 2011.
That places Eritrea 149th out of 187 countries with data for 2014, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Private credit by deposit money banks to GDP in Eritrea, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 19.4% | — |
| 1996 | 39.9% | +105.3% |
| 1997 | 39.6% | -0.6% |
| 1998 | 53.7% | +35.6% |
| 1999 | 35.4% | -34.0% |
| 2000 | 34.7% | -2.2% |
| 2001 | 35.7% | +3.1% |
| 2002 | 34.2% | -4.2% |
| 2003 | 35.7% | +4.5% |
| 2004 | 33.0% | -7.6% |
| 2005 | 33.7% | +2.0% |
| 2006 | 32.4% | -3.7% |
| 2007 | 26.1% | -19.5% |
| 2008 | 32.2% | +23.3% |
| 2009 | 23.2% | -27.9% |
| 2010 | 19.3% | -16.9% |
| 2011 | 17.2% | -10.8% |
| 2012 | 18.9% | +9.5% |
| 2013 | 23.3% | +23.3% |
| 2014 | 18.6% | -20.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.6% | 19.4% | 53.7% | 5 |
| 2000s | 32.1% | 23.2% | 35.7% | 10 |
| 2010s | 19.4% | 17.2% | 23.3% | 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 private credit by deposit money banks to gdp in Eritrea?
- Private credit by deposit money banks to gdp in Eritrea was 18.6% in 2014, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Eritrea?
- The highest recorded value was 53.7% in 1998.
- What is the lowest private credit by deposit money banks to gdp recorded in Eritrea?
- The lowest recorded value was 17.2% in 2011.
- How does Eritrea rank for private credit by deposit money banks to gdp?
- Eritrea ranks 149th out of 187 countries with data for 2014.
- Is private credit by deposit money banks to gdp rising or falling in Eritrea?
- Over the last ten years it is down 43.8%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).