Eritrea recorded a government debt equivalent to 20.10 percent of the country's Gross Domestic Product in 2018.

Government Debt to GDP in Eritrea averaged 42.16 percent from 2003 until 2018, reaching an all time high of 65.20 percent in 2005 and a record low of 20.10 percent in 2017. This page provides - Eritrea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt to GDP in Eritrea is expected to be 23.00 percent by the end of this quarter, 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 19.50 percent in 2020, according to our econometric models.

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Eritrea Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
20.10 20.10 65.20 20.10 2003 - 2018 percent Yearly

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.