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SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Economic TimesWorld food prices ease for second month in June·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Economic TimesWorld food prices ease for second month in June·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·
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Eritrea

Eritrean Nakfa (ERN)

67
High
Risk
#6
of 171
Riskier
than 97% of currencies
36
global avg score
$733
$1,000 in 5 years
Impact on Citizens

Citizens need to earn at least 7.9% per year on savings to stay ahead. Money sitting in a regular account is slowly losing value.See savings calculator ↓

Economic Indicators

Inflation Rate
6.4%
Debt to GDP
211.0%
GDP Growth
8.7%
Broad Money / GDP
176.8%

Banking & Stability

NPL Ratio
Not available
Reserve Months
0.8
Current Account
-14.8%
FX Volatility
Not available

Governance & Markets

Rule of Law
-1.4
Black Market Premium
100.0%
Capital Controls
100.0
Peg Fragility
46.6

Currency Structure

Global Currency Role
70.0
FX Regime
hard peg
Data Coverage
83.0%

Savings Impact Calculator

ERN
Holding cash in ERN6.4% inflation
ERN 733−ERN 267 (27% purchasing power lost)
Your ERN 1,000 buys 27% less in 5 years
What if you invested ERN 1,000 instead? (5yr, in ERN terms)
USD-denominated assets gain an additional ~3.4%/yr from expected ERN depreciation vs USD
Hold USD Cash
ERN 1020
+ERN 20
+0.4%/yr net in ERN
S&P 500
ERN 1875
+ERN 875
range: ERN 877ERN 3628
10% USD return + 3.4% FX · ±16% vol
Gold
ERN 1716
+ERN 716
range: ERN 510ERN 4551
8% USD return + 3.4% FX · ±24% vol
Bitcoin
ERN 3490
+ERN 2490
range: ERN 228ERN 20.2k
25% USD return + 3.4% FX · ±54% vol

All values in ERN. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~3.4%/yr based on the inflation differential between Eritrea (6.4%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-07-03

Note: World Bank does not cover this country directly. Data sourced from national statistics and IMF estimates.