COUNTRY / INDICATOR
Eritrea Current Account Balance
Eritrea current account balance: latest available value for 2019, historical series from 1992, ranking context and source documentation.
Series overview
BN.CAB.XOKA.GD.ZS| Year | Value | Change |
|---|---|---|
| 2019 | 13,00 | -2,50 |
| 2018 | 15,50 | -9,30 |
| 2017 | 24,80 | 11,40 |
| 2016 | 13,40 | -9,00 |
| 2015 | 22,40 | 4,70 |
| 2014 | 17,70 | 15,40 |
| 2013 | 2,30 | -10,10 |
| 2012 | 12,40 | -0,40 |
| 2011 | 12,80 | 24,20 |
| 2010 | -11,40 | -0,10 |
| 2009 | -11,30 | -3,70 |
| 2008 | -7,60 | 0,30 |
| 2007 | -7,90 | -3,30 |
| 2006 | -4,60 | -5,00 |
| 2005 | 0,40 | 1,30 |
| 2004 | -0,90 | 1,40 |
| 2003 | -2,30 | -2,20 |
| 2002 | -0,10 | 24,70 |
| 2001 | -24,80 | -3,70 |
| 2000 | -21,10 | 12,20 |
| 1999 | -33,30 | -6,70 |
| 1998 | -26,60 | -33,40 |
| 1997 | 6,80 | 3,80 |
| 1996 | 3,00 | -7,30 |
| 1995 | 10,30 | -26,70 |
| 1994 | 37,00 | 6,10 |
| 1993 | 30,90 | -0,10 |
| 1992 | 31,00 | — |
Source methodology
World Development IndicatorsIndicator note: Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source organization: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Metadata fetched: 2026-09-27 04:16:21. Open original metadata response.
Country-specific interpretation
Automatically derived from the displayed seriesEritrea recorded 13,00 percent of GDP in 2019, the latest year available in this series.
Compared with 2018, the current account balance decreased by 2,50.
Across the latest five-year comparison window, the series shows an downward direction.
Across 28 observations from 1992 to 2019, the average was 3,64; the minimum was -33,30 in 1999 and the maximum was 37,00 in 1994.
Eritrea ranks 16 out of 203 countries with a current value in the portal ranking.
The latest value is above the available average for Sub-Saharan Africa.
It is also above the available average for the Low income group.
External financing position and trade-income balance.