Foreign debt reached 819 USD bil in 2017 in Eritrea, according to the National Statistical Office. This is 2.83 % more than in the previous year.
Historically, foreign debt in Eritrea reached an all time high of 1,055 USD bil in 2011 and an all time low of 29.1 USD bil in 1994. When compared to Eritrea's main peers, foreign debt in Djibouti amounted to 2,057 USD bil, 2,958 USD bil in Somalia, 21,754 USD bil in Sudan and 7,186 USD bil in Yemen in 2017.
Eritrea has been ranked 103rd within the group of 111 countries we follow in terms of foreign debt, 9 places behind the position seen 10 years ago.
Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.