Eritrea's total reserves, excluding gold (current US$) was US$191.69 million in 2019, the latest year in the World Bank's World Development Indicators. That is up 112.97% from US$90.01 million in 2009 (7.85% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$191.69 million | 2019 |
| Five years earlier | US$151.75 million | 2014 |
| Ten years earlier | US$90.01 million | 2009 |
| Highest | US$199.4 million | 1997 |
| Lowest | US$23.06 million | 1998 |
| Average since 2010 | US$143.59 million | 2010–2019 |
| First recorded | US$40.49 million |
What the numbers say
In 2019, Eritrea's total reserves, excluding gold (current US$) rose 17.6% on 2018 (from US$163.03 million to US$191.69 million).
Across the 23 yearly changes before that (1996 to 2018), the average change was +19% and a typical year strayed about 48.5% from that (the standard deviation). This year's change was 0.0 standard deviations below 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 145.2% in 1997 and the biggest yearly fall was 88.4% in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2010 to 2019 the straight-line trend is upward, about US$6.75 million a year. A straight line explains 81% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
This series includes external assets (excluding monetary gold) that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 25 values
| Year | Total reserves, excluding gold (current US$) |
|---|---|
| 2019 | 191,694,416 |
| 2018 | 163,033,689 |
| 2017 | 143,412,423 |
| 2016 | 145,371,151 |
| 2015 | 145,070,693 |
| 2014 | 151,753,160 |
| 2013 | 133,338,048 |
| 2012 | 132,764,718 |
| 2011 | 115,328,816 |
| 2010 | 114,149,603 |
| 2009 |
Total reserves, excluding gold (current US$) in nearby economies
- Angola — US$13.54 billion (2025)
- Botswana — US$3.46 billion (2024)
- Burundi — US$88.36 million (2023)
- Cabo Verde — US$1.26 billion (2025)
- Cameroon — US$5.06 billion (2024)
- Central African Republic — US$489.29 million (2024)
- Chad — US$1.55 billion (2024)
- Comoros — US$406.54 million (2025)
- Congo, Dem. Rep. — US$5.1 billion (2023)
- Congo, Rep.
More economic policy & debt data for Eritrea
- Adjusted savings, education expenditure (% of GNI) — 1.72% (2021)
- Adjusted savings, mineral depletion (current US$) — 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$37.23 (2023)
Reading data like this
Questions people ask
- What is Eritrea's total reserves, excluding gold (current US$)?
- US$191.69 million in 2019, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 373.43% from US$40.49 million in 1995 (6.69% a year on average, compounded). The highest value was US$199.4 million in 1997 and the lowest US$23.06 million in 1998.
- Is the latest change in total reserves, excluding gold (current US$) unusual for Eritrea?
- In 2019, Eritrea's total reserves, excluding gold (current US$) rose 17.6% on 2018 (from US$163.03 million to US$191.69 million). Across the 23 yearly changes before that (1996 to 2018), the average change was +19% and a typical year strayed about 48.5% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator FI.RES.XGLD.CD, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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