Eritrea—Govt Gross Debt (% of GDP)
Eritrea's government debt (% of GDP) was 260.4% in 2019. This represents a -2.5% change from 2018. Over the past 20 years, the highest recorded value was 290.4% (2017) and the lowest was 171.6% (2011). Data sourced from the IMF World Economic Outlook.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 260.4% | -2.5% |
| 2018 | 267.1% | -8.0% |
| 2017 | 290.4% | +15.6% |
| 2016 | 251.2% | -7.4% |
| 2015 | 271.4% | +32.7% |
| 2014 | 204.5% | -12.0% |
| 2013 | 232.4% | +35.4% |
| 2012 | 171.6% | +0.0% |
| 2011 | 171.6% | -15.0% |
| 2010 | 201.8% | -2.6% |
| 2009 | 207.1% | -20.3% |
| 2008 | 259.7% | +29.0% |
| 2007 | 201.3% | +1.2% |
| 2006 | 199.0% | -3.1% |
| 2005 | 205.4% | +6.1% |
| 2004 | 193.5% | -26.7% |
| 2003 | 264.0% | +8.5% |
| 2002 | 243.4% | +2.0% |
| 2001 | 238.6% | +8.9% |
| 2000 | 219.1% |
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About This Indicator
Definition
Total gross government debt as a percentage of GDP. This indicator measures the total outstanding liabilities of the general government sector, including central, state/provincial, and local governments.
Methodology
Government debt includes all liabilities that require payment of interest and/or principal by the debtor in the future. This includes debt securities, loans, and other accounts payable. The IMF follows the Government Finance Statistics Manual (GFSM 2014) framework. Debt is reported on a gross basis (not netted against government assets).
Unit
Percent of GDP