Government Debt to GDP in Eritrea increased to 64 percent in 2019 from 20.10 percent in 2018. source: AFDB

Government Debt to GDP in Eritrea averaged 43.44 percent from 2003 until 2019, 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. Eritrea Government Debt to GDP - values, historical data and charts - was last updated on November of 2021.

Government Debt to GDP in Eritrea is expected to reach 62.00 percent of GDP by the end of 2021, 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 60.00 percent of GDP in 2022 and 54.00 percent of GDP in 2023, according to our econometric models.

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Eritrea Government Debt to GDP


Related Last Previous Unit Reference
Government Debt to GDP 64.00 20.10 percent of GDP Dec/19
Government Budget -5.20 -1.60 percent of GDP Dec/20
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.