Eritrea recorded a Government Debt to GDP of 163.80 percent of the country's Gross Domestic Product in 2022. Government Debt to GDP in Eritrea averaged 190.47 percent of GDP from 2003 until 2022, reaching an all time high of 263.90 percent of GDP in 2003 and a record low of 136.60 percent of GDP in 2014. source: IMF

Government Debt to GDP in Eritrea is expected to reach 155.00 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea Government Debt to GDP is projected to trend around 145.00 percent of GDP in 2025 and 140.00 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Government Budget -0.10 -1.30 percent of GDP Dec 2023
Government Debt to GDP 163.80 175.40 percent of GDP Dec 2022
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Eritrea Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
163.80 175.40 263.90 136.60 2003 - 2022 percent of GDP Yearly