Eritrea External Debt to GNI
External debt stocks as % of GNI DT.DOD.DECT.GN.ZS
Eritrea's external debt to gni was 51.48% in 2011, ranked 81st globally. This represents a 22.1% decrease from 2010. Data from World Bank, covering 1994–2011.
Overview
Eritrea's external debt to gni stood at 51.48% in 2011, a decline of +14.59pp from 2010. Eritrea ranked 81st globally.
Eritrea's external debt to GNI ratio has fluctuated significantly over the 18 years of available data, with the latest value standing at 51.48% in 2011. This places the country at 81st globally, closely ranked with peers such as Samoa at 51.43% and Burkina Faso at 51.56%. The all-time peak of 76.24% was reached in 2003, while the trough of 5.46% was recorded in 1994, the earliest year of available data. Compared to its peers, Eritrea's ratio is slightly higher than Albania's 49.97% but lower than Côte d'Ivoire's 52.36%. The country's external debt to GNI ratio has been relatively stable in recent years, but a significant change in global economic conditions or an increase in foreign borrowing could alter the trajectory of this trend, potentially impacting Eritrea's economic stability in the years to come.
Data & projection
| Year | External Debt to GNI | YoY change | Rank |
|---|---|---|---|
| 2011 | 51.48% | −14.59pp | #81 |
| 2010 | 66.08% | +8.99pp | #96 |
| 2009 | 57.08% | −15.83pp | #86 |
| 2008 | 72.91% | +4.50pp | #105 |
| 2007 | 68.41% | −0.01pp | #95 |
| 2006 | 68.42% | −1.11pp | #91 |
| 2005 | 69.53% | +0.02pp | #84 |
| 2004 | 69.51% | −6.73pp | #75 |
| 2003 | 76.24% | +1.47pp | #80 |
| 2002 | 74.77% | +17.06pp | #79 |
| 2001 | 57.71% | +11.06pp | #52 |
| 2000 | 46.64% | +7.31pp | #37 |
| 1999 | 39.33% | +19.84pp | #27 |
| 1998 | 19.49% | +8.45pp | #10 |
| 1997 | 11.04% | +4.59pp | #3 |
Detected Pattern
Analysis
Eritrea matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw external debt to gni improve within 24 months. View full analysis →
Frequently Asked Questions
Eritrea's external debt to gni was 51.48% in 2011. Ranked 81st globally. This represents a 22.1% decrease from the previous year.
Eritrea's external debt to gni peaked at 76.24% in 2003.
The lowest external debt to gni in Eritrea was 5.46% in 1994.
Eritrea ranks 81st globally in external debt to gni as of 2011.
The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.
The external debt to gni of Eritrea in 2011 was 51.48%. This ranks 81st in the world.
Cite this page
@misc{historysaid_eritrea_external-debt-to-gni,
title = {Eritrea External Debt to GNI},
url = {https://historysaid.com/eritrea/external-debt-to-gni/},
publisher = {HistorySaid},
year = {2026}
}