Eritrea - Average interest on new external debt commitments

Average interest on new external debt commitments (%) in Eritrea was reported at 0.75 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 eritrea average interest on new external debt commitments percent wb data




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Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. 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.


Eritrea | External Debt