Eritrea Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Eritrea's foreign reserves was $191.7M in 2019, ranked 165th globally. This represents a 17.6% increase from 2018. Data from World Bank, covering 1995–2019.
Overview
Eritrea's foreign reserves stood at $191.7M in 2019, a rise of +$28.7M from 2018. Eritrea ranked 165th globally.
Eritrea's foreign reserves experienced a significant fluctuation over the 25-year period from 1995 to 2019. The country's reserves peaked at 229,576,077.05 in 1997, indicating a period of relative economic stability and access to international capital. Conversely, the reserves plummeted to 23,576,837.33 in 2006, likely due to the country's involvement in a border conflict with Ethiopia that year. As of 2019, Eritrea's foreign reserves stood at 191,694,416.40, ranking 165 globally. This is comparable to St. Vincent and the Grenadines, which ranked 163 with 193,357,067.38 in foreign reserves that same year. The trend suggests that Eritrea's foreign reserves have been on an upward trajectory since the trough in 2006, albeit at a slower pace than the peak in the late 1990s. A potential shift in the country's trade policies or a significant increase in foreign investment could alter this trajectory and propel Eritrea's foreign reserves to new heights.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2019 | $191.7M | +$28.7M | #165 |
| 2018 | $163.0M | +$19.6M | #166 |
| 2017 | $143.4M | −$2.0M | #168 |
| 2016 | $145.4M | +$300,458 | #167 |
| 2015 | $145.1M | −$6.7M | #168 |
| 2014 | $151.8M | +$18.4M | #170 |
| 2013 | $133.3M | +$573,330 | #170 |
| 2012 | $132.8M | +$17.4M | #167 |
| 2011 | $115.3M | +$1.2M | #168 |
| 2010 | $114.1M | +$24.1M | #167 |
| 2009 | $90.0M | +$34.0M | #169 |
| 2008 | $56.0M | +$23.6M | #170 |
| 2007 | $32.4M | +$8.8M | #172 |
| 2006 | $23.6M | −$4.4M | #171 |
| 2005 | $27.9M | −$6.8M | #167 |
Detected Pattern
Analysis
Eritrea matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Eritrea's foreign reserves was $191.7M in 2019. Ranked 165th globally. This represents a 17.6% increase from the previous year.
Eritrea's foreign reserves peaked at $229.6M in 1997.
The lowest foreign reserves in Eritrea was $23.6M in 2006.
Eritrea ranks 165th globally in foreign reserves as of 2019.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Eritrea's foreign reserves was approximately 191.69 million ($191.7M) in 2019.
The foreign reserves of Eritrea in 2019 was $191.7M. This ranks 165th in the world.
Cite this page
@misc{historysaid_eritrea_reserves,
title = {Eritrea Foreign Reserves},
url = {https://historysaid.com/eritrea/reserves/},
publisher = {HistorySaid},
year = {2026}
}