Eritrea - Use of IMF credit

Use of IMF credit (DOD, current US$)

The latest value for Use of IMF credit (DOD, current US$) in Eritrea was 21,831,590 as of 2020. Over the past 21 years, the value for this indicator has fluctuated between 23,953,650 in 2007 and 19,049,690 in 2001.

Definition: Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1999 20,804,700
2000 19,749,690
2001 19,049,690
2002 20,607,800
2003 22,524,540
2004 23,540,750
2005 21,665,080
2006 22,803,910
2007 23,953,650
2008 23,347,630
2009 23,763,270
2010 23,343,990
2011 23,271,840
2012 23,296,850
2013 23,343,540
2014 21,960,990
2015 21,004,900
2016 20,377,380
2017 21,587,030
2018 21,081,620
2019 20,960,870
2020 21,831,590

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt