Eritrea's net financial flows, others (NFL, current US$) was −US$2.1 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 54.81% from −US$4.65 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$2.1 million | 2024 |
| Five years earlier | −US$1.89 million | 2019 |
| Ten years earlier | −US$4.65 million | 2014 |
| Highest | US$18.64 million | 1998 |
| Lowest | −US$12.13 million | 2012 |
| Average since 2015 | −US$1.53 million | 2015–2024 |
| First recorded | US$3 million |
What the numbers say
In 2024, Eritrea's net financial flows, others (NFL, current US$) fell US$296.7 on 2023 (from −US$2.1 million to −US$2.1 million).
Across the 27 yearly changes before that (1997 to 2023), the average change was −US$188,741 and a typical year strayed about US$4.67 million from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$9.85 million in 2006 and the biggest yearly fall was US$12.08 million in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$251,396 a year. A straight line explains 69% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Eritrea had the 70th highest value of the 111 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Eritrea | −US$2.1 million | 2024 |
| Low income | US$235.51 million | 2024 |
Closest to Eritrea in the 2024 ranking
What this measures
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Others is a residual category in the World Bank's Debtor Reporting System. It includes such institutions as the Caribbean Development Fund, Council of Europe, European Development Fund, Islamic Development Bank, Nordic Development Fund, and the like. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 29 values
| Year | Net financial flows, others (NFL, current US$) |
|---|---|
| 2024 | -2,099,738 |
| 2023 | -2,099,441 |
| 2022 | -2,100,975 |
| 2021 | -2,162,738 |
| 2020 | -2,054,287 |
| 2019 | -1,887,293 |
| 2018 | -1,837,981 |
| 2017 | -1,247,486 |
| 2016 | -214,831 |
| 2015 | 442,411 |
| 2014 |
Net financial flows, others (NFL, current US$) in nearby economies
- Angola — −US$18.3 million (2024)
- Benin — US$269.98 million (2024)
- Botswana — US$99.36 million (2024)
- Burkina Faso — US$96.93 million (2024)
- Burundi — US$3.21 million (2024)
- Cabo Verde — −US$5.23 million (2024)
- Cameroon — US$173.45 million (2024)
- Central African Republic — −US$2.33 million (2024)
- Chad — −US$20.09 million (2024)
- Comoros
More economic policy & debt data for Eritrea
- Adjusted savings, education expenditure (% of GNI) — 1.72% (2021)
- Adjusted savings, mineral depletion (current US$) — US$406.57 million (2021)
- Grants, excluding technical cooperation (BoP, current US$) — US$122.44 million (2023)
- Net official development assistance and official aid received (current US$) — US$129.19 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$129.19 million (2023)
- Net official development assistance received (current US$) — US$129.19 million (2023)
- Net official development assistance received (constant 2023 US$) — US$129.19 million (2023)
- Net ODA received per capita (current US$) — US$37.23 (2023)
Reading data like this
Questions people ask
- What is Eritrea's net financial flows, others (NFL, current US$)?
- −US$2.1 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is down 170.07% from US$3 million in 1996. The highest value was US$18.64 million in 1998 and the lowest −US$12.13 million in 2012.
- How does Eritrea rank?
- 70th highest of 111 economies with data for 2024.
- Is the latest change in net financial flows, others (NFL, current US$) unusual for Eritrea?
- In 2024, Eritrea's net financial flows, others (NFL, current US$) fell US$296.7 on 2023 (from −US$2.1 million to −US$2.1 million). Across the 27 yearly changes before that (1997 to 2023), the average change was −US$188,741 and a typical year strayed about US$4.67 million from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.NFL.MOTH.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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