Eritrea ER: External Debt: Average Grant Element on New External Debt Commitments

1970 - 2016 | Yearly | % | World Bank

Eritrea ER: External Debt: Average Grant Element on New External Debt Commitments data was reported at 0.000 % in 2016. This records a decrease from the previous number of 80.769 % for 2015. Eritrea ER: External Debt: Average Grant Element on New External Debt Commitments data is updated yearly, averaging 0.000 % from Dec 1970 to 2016, with 47 observations. The data reached an all-time high of 82.571 % in 2004 and a record low of 0.000 % in 2016. Eritrea ER: External Debt: Average Grant Element on New External Debt Commitments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Eritrea – Table ER.World Bank: External Debt: Terms and Undisbursed Debt. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. To obtain the average, the grant elements for all public and publicly guaranteed loans have been weighted by the amounts of the loans. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Commitments cover the total amount of loans for which contracts were signed in the year specified. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity. Data for private nonguaranteed debt are not available.; ; World Bank, International Debt Statistics.; Weighted average;

View Eritrea's Eritrea ER: External Debt: Average Grant Element on New External Debt Commitments from 1970 to 2016 in the chart:

Eritrea Eritrea ER: External Debt: Average Grant Element on New External Debt Commitments

What was Eritrea's Eritrea ER: External Debt: Average Grant Element on New External Debt Commitments in 2016?

Last Previous Min Max Unit Frequency Range
0.00 2016 80.77 2015 0.00 2016 82.57 2004 % yearly 1970 - 2016

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Eritrea Key Series

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 2,448.280 2027 yearly 1992 - 2027
Forecast: Nominal GDP Per Capita (USD) 965.249 2028 yearly 1992 - 2028
Forecast: Real GDP Growth (%) 2.925 2028 yearly 1993 - 2028
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (ERN bn) 9.338 2019 yearly 1992 - 2019
Forecast: Government Net Debt (ERN bn) 77.796 2019 yearly 2000 - 2019
Forecast: Government Revenue (ERN bn) 10.150 2019 yearly 1992 - 2019
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 4.084 2028 yearly 1992 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.370 2028 yearly 1993 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 0.257 2019 yearly 1992 - 2019

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