Eritrea—Current Account Balance (% of GDP)
Latest Value
13.0%
2019
YoY Change
-16.1%
2018 → 2019
Maximum
24.8%
2017
Minimum
-24.8%
2001
Last
13.0%
Previous
15.5%
Highest
24.8%
Lowest
-24.8%
Unit
percent of GDP
Source
IMF World Economic Outlook
Eritrea's current account balance (% of GDP) was 13.0% in 2019. This represents a -16.1% change from 2018. Over the past 20 years, the highest recorded value was 24.8% (2017) and the lowest was -24.8% (2001). Data sourced from the IMF World Economic Outlook.
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 13.0% | -16.1% |
| 2018 | 15.5% | -37.5% |
| 2017 | 24.8% | +85.1% |
| 2016 | 13.4% | -40.2% |
| 2015 | 22.4% | +26.6% |
| 2014 | 17.7% | +669.6% |
| 2013 | 2.3% | -81.5% |
| 2012 | 12.4% | -3.1% |
| 2011 | 12.8% | +212.3% |
| 2010 | -11.4% | -0.9% |
| 2009 | -11.3% | -48.7% |
| 2008 | -7.6% | +3.8% |
| 2007 | -7.9% | -71.7% |
| 2006 | -4.6% | -1250.0% |
| 2005 | 0.4% | +144.4% |
| 2004 | -0.9% | +60.9% |
| 2003 | -2.3% | -2200.0% |
| 2002 | -0.1% | +99.6% |
| 2001 | -24.8% | -17.5% |
| 2000 | -21.1% |
Top Countries — Current Account Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao | 39.8% | 2026 |
| 2 | Guyana | 31.6% | 2026 |
| 3 | Brunei | 23.7% | 2026 |
| 4 | Norway | 20.7% | 2026 |
| 5 | Andorra | 20.5% | 2026 |
| 6 | South Korea | 18.8% | 2026 |
| 7 | Kuwait | 18.3% | 2026 |
| 8 | San Marino | 17.0% | 2026 |
| 9 | Singapore | 16.7% | 2026 |
| 10 | Liechtenstein | 16.6% | 2026 |
About This Indicator
Definition
Current-account balance relative to GDP.
Methodology
Based on balance of payments data. Includes trade balance, net income from abroad, and net current transfers.
Unit
percent of GDP
Source: International Monetary Fund (World Economic Outlook)Available series: 2000–2019View original source →