Eritrea: Primary budget balance

The latest value from 2019 is 4.48 percent, a decline from 6.66 percent in 2018. In comparison, the world average is -0.30 percent, based on data from 181 countries. Historically, the average for Eritrea from 1992 to 2019 is -9.54 percent. The minimum value, -57.22 percent, was reached in 1999 while the maximum of 10.32 percent was recorded in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The difference between a government's total revenue and its total expenditure, excluding interest payments on its outstanding debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.