Total Credit — Value US$, 2015 prices in Eritrea
Eritrea: Total Credit — Value US$, 2015 prices was 1,350 million USD in 2014. ▲ Rising
Total Credit — Value US$, 2015 prices in Eritrea, 1995–2014
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2014, total credit — value us$, 2015 prices in Eritrea stood at 1,350 million USD. That is the highest value across all 20 years on record.
The figure is up 105.1% on the previous year and up 202.9% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Eritrea peaked at 1,350 million USD in 2014 and was at its lowest, 240.4 million USD, in 1995.
That places Eritrea 134th out of 166 countries with data for 2014, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total Credit — Value US$, 2015 prices in Eritrea, year by year
| Year | million USD | Change |
|---|---|---|
| 1995 | 240.4 million USD | — |
| 1996 | 498.57 million USD | +107.4% |
| 1997 | 552.92 million USD | +10.9% |
| 1998 | 787.49 million USD | +42.4% |
| 1999 | 575.08 million USD | -27.0% |
| 2000 | 505.33 million USD | -12.1% |
| 2001 | 440.41 million USD | -12.8% |
| 2002 | 472.08 million USD | +7.2% |
| 2003 | 513.4 million USD | +8.8% |
| 2004 | 445.72 million USD | -13.2% |
| 2005 | 462.61 million USD | +3.8% |
| 2006 | 431.95 million USD | -6.6% |
| 2007 | 349.57 million USD | -19.1% |
| 2008 | 299.62 million USD | -14.3% |
| 2009 | 255.47 million USD | -14.7% |
| 2010 | 359.41 million USD | +40.7% |
| 2011 | 372.92 million USD | +3.8% |
| 2012 | 349.56 million USD | -6.3% |
| 2013 | 658.32 million USD | +88.3% |
| 2014 | 1,350 million USD | +105.1% |
Eritrea compared with similar countries
- Eritrea's 1,350 million USD is below the median for low income countries, which is 1,557 million USD, 87% of the median. (21 countries reporting)
- Eritrea's 1,350 million USD is below the median for Sub-Saharan Africa, which is 1,755 million USD, 77% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 530.89 million USD | 240.4 million USD | 787.49 million USD | 5 |
| 2000s | 417.62 million USD | 255.47 million USD | 513.4 million USD | 10 |
| 2010s | 618.1 million USD | 349.56 million USD | 1,350 million USD | 5 |
Countries ranked near Eritrea
More agriculture & rural data for Eritrea
- Agriculture, forestry, and fishing, value added (current US$), annual 13.26 % change on previous year (2009)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1412 current US$ per US$ of GDP (2009)
- Agriculture, forestry, and fishing, value added (current US$), per 90.81 current US$ per person (2009)
- Rural population, annual growth rate 2.01 % change on previous year (2025)
- Rural population, per unit of GDP 0.0009 units per US$ of GDP (2011)
- Rural population, per capita 0.6546 units per person (2025)
- Share of GDP from agriculture 14.1% (2009)
- Agriculture as a share of GDP vs. GDP per capita 14.1% (2009)
- Rural population 65.5% (2025)
- Rural population growth 2.0% (2025)
Frequently asked questions
- What is total credit — value us$, 2015 prices in Eritrea?
- Total credit — value us$, 2015 prices in Eritrea was 1,350 million USD in 2014, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Eritrea?
- The highest recorded value was 1,350 million USD in 2014.
- What is the lowest total credit — value us$, 2015 prices recorded in Eritrea?
- The lowest recorded value was 240.4 million USD in 1995.
- How does Eritrea rank for total credit — value us$, 2015 prices?
- Eritrea ranks 134th out of 166 countries with data for 2014.
- Is total credit — value us$, 2015 prices rising or falling in Eritrea?
- Over the last ten years it is up 202.9%. The long-run trend across the full record is rising.
- Where does this Eritrea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.