Eritrea Domestic Credit to Private Sector

Indicator note: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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: International Financial Statistics database, 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 04:17:37. Open original metadata response.

Source revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.

Eritrea recorded 53,24 percent of GDP in 2014, the latest year available in this series.

Compared with 2013, the domestic credit to private sector increased by 19,25.

Across the latest five-year comparison window, the series shows an upward direction.

Across 20 observations from 1995 to 2014, the average was 28,30; the minimum was 16,16 in 2012 and the maximum was 53,24 in 2014.

Eritrea ranks 70 out of 186 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.

Financial intermediation and access to credit.