Eritrea Current Account Balance (% GDP) Statistics

18, Nov 2019, EST.

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Country or Region: Eritrea › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Eritrea indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Nakfa
Currency Symbol: ERN

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Eritrea , Year 2015 - In Detail

Current Account Balance (% GDP) for Eritrea in year 2015 is -2.193 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Eritrea No. 75 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Eritrea is 1.93 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Eritrea was 0.56 % Current Account Balance (% GDP) for Eritrea in 2015 was or will be 493.72% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Eritrea was or will be 0.19 %, which is 108.85% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Eritrea, in other Years
Year %
  2021 -1.435
  2020 -1.403
  2019 -1.024
  2018 0.431
  2017 0.89
  2016 0.194
2015 -2.193
  2014 0.557
  2013 -0.092
  2012 2.322
  2011 0.553
  2010 -5.622
  2009 -7.615
  2008 -5.467
  2007 -6.112
  2006 -3.584
  2005 0.334
  2004 -0.672
  2003 9.674
  2002 6.802
  2001 -4.573
  2000 -0.624
  1999 -26.304
  1998 -36.172
  1997 0.639
  1996 -7.981
  1995 -5.043
  1994 22.063
  1993 22.176
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a