Total reserves includes gold in Eritrea
Eritrea: Total reserves includes gold was 4.4% in 2011. ◆ Volatile
Total reserves includes gold in Eritrea, 1995–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in % of GDP.
Analysis
The most recent figure for total reserves includes gold in Eritrea is 4.4%, measured in 2011.
The figure is down 18.4% on the previous year and down 40.0% over ten years.
Over the whole period, total reserves includes gold in Eritrea peaked at 33.4% in 1997 and was at its lowest, 2.1%, in 2006.
Eritrea ranks 49th of 53 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves includes gold in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 7.0% | — |
| 1996 | 11.7% | +67.4% |
| 1997 | 33.4% | +185.2% |
| 1998 | 9.1% | -72.7% |
| 1999 | 8.5% | -6.5% |
| 2000 | 5.7% | -33.3% |
| 2001 | 7.3% | +28.7% |
| 2002 | 4.5% | -38.9% |
| 2003 | 2.8% | -36.7% |
| 2004 | 3.1% | +10.3% |
| 2005 | 2.5% | -18.8% |
| 2006 | 2.1% | -17.7% |
| 2007 | 2.6% | +24.3% |
| 2008 | 4.2% | +61.3% |
| 2009 | 4.8% | +15.6% |
| 2010 | 5.4% | +11.2% |
| 2011 | 4.4% | -18.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.0% | 7.0% | 33.4% | 5 |
| 2000s | 4.0% | 2.1% | 7.3% | 10 |
| 2010s | 4.9% | 4.4% | 5.4% | 2 |
Countries ranked near Eritrea
More financial sector data for Eritrea
- Net domestic credit (current LCU), per capita 20,139 current LCU per person (2014)
- Net domestic credit (current LCU), per unit of GDP 20.18 current LCU per US$ of GDP (2011)
- Net domestic credit (current LCU), annual growth rate 11.16 % change on previous year (2014)
- Gold reserves at 35 SDRs per ounce 0 SDR (2019)
- Gold reserves at market value 0 SDR (2019)
- Reserves excluding gold, foreign exchange 135.20 million SDR (2019)
- Reserves excluding gold 138.62 million SDR (2019)
- Total reserves (gold at market value) 138.62 million SDR (2019)
- Total reserves (gold at national valuation) 138.62 million SDR (2019)
- Total reserves (gold at national valuation) (SDR), per capita 42.78 SDR per person (2019)
Frequently asked questions
- What is total reserves includes gold in Eritrea?
- Total reserves includes gold in Eritrea was 4.4% in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest total reserves includes gold recorded in Eritrea?
- The highest recorded value was 33.4% in 1997.
- What is the lowest total reserves includes gold recorded in Eritrea?
- The lowest recorded value was 2.1% in 2006.
- How does Eritrea rank for total reserves includes gold?
- Eritrea ranks 49th out of 53 countries with data for 2011.
- Is total reserves includes gold rising or falling in Eritrea?
- Over the last ten years it is down 40.0%. 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 Total reserves includes gold (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices.