Government debt — all countries

Government debt — Eritrea

Government debt in Eritrea in 2019 — 260.4%. Ranked 193 in the world out of 193. Since 2000, the indicator has risen by 41.3 pp.

2019 260.4% −6.7 pp vs 2018
World rank 193of 193
Period maximum 290.4%2017
Period minimum 171.6%2011

Trend over time

2000–2019 · % of GDP

Government debt — Eritrea, 2000–2019150200250300200020022004200620082010201220142016201820192000: 219.1%2001: 238.6%2002: 243.4%2003: 264%2004: 193.5%2005: 205.4%2006: 199%2007: 201.3%2008: 259.7%2009: 207.1%2010: 201.8%2011: 171.6%2012: 171.6%2013: 232.4%2014: 204.5%2015: 271.4%2016: 251.2%2017: 290.4%2018: 267.1%2019: 260.4%
Change over the period: +41.3 pp Annual average: 2.17 pp

Comparison, 2019

How the value compares with the world and the groups this territory belongs to: Eritrea

Eritrea 260.4%
World computed 82.1%
Sub-Saharan Africa computed 47.2%
Eastern Africa computed 57.1%
Low-income countries computed 56.3%
Government debt — Eritrea, by year Eritrea All countries CSV XLSX
Year % Change, pp
2019 260.4 −6.7 pp
2018 267.1 −23.3 pp
2017 290.4 +39.2 pp
2016 251.2 −20.2 pp
2015 271.4 +66.9 pp
2014 204.5 −27.9 pp
2013 232.4 +60.8 pp
2012 171.6 +0 pp
2011 171.6 −30.2 pp
2010 201.8 −5.3 pp
2009 207.1 −52.6 pp
2008 259.7 +58.4 pp
2007 201.3 +2.3 pp
2006 199 −6.4 pp
2005 205.4 +11.9 pp
2004 193.5 −70.5 pp
2003 264 +20.6 pp
2002 243.4 +4.8 pp
2001 238.6 +19.5 pp
2000 219.1

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.