External borrowing, net in Ethiopia
Ethiopia: External borrowing, net was 7.95 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Ethiopia, 1976–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, external borrowing, net in Ethiopia stood at 7.95 billion current LCU. That is the highest value across all 36 years on record.
The figure is up 23.2% on the previous year and up 242.3% over ten years.
Over the whole period, external borrowing, net in Ethiopia peaked at 7.95 billion current LCU in 2011 and was at its lowest, 73.79 million current LCU, in 1978.
Ethiopia ranks 25th of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 108.89 million current LCU | 73.79 million current LCU | 170.75 million current LCU | 4 |
| 1980s | 360.70 million current LCU | 130.50 million current LCU | 601.60 million current LCU | 10 |
| 1990s | 931.38 million current LCU | 299.20 million current LCU | 1.75 billion current LCU | 10 |
| 2000s | 2.74 billion current LCU | 1.05 billion current LCU | 5.37 billion current LCU | 10 |
| 2010s | 7.20 billion current LCU | 6.45 billion current LCU | 7.95 billion current LCU | 2 |
Countries ranked near Ethiopia
More science & technology data for Ethiopia
- Scientific and technical journal articles 6,728 (2023)
- Mobile phone subscriptions 85.95 million (2024)
- Mobile phone subscriptions per 100 people 65.08 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 65.08 per 100 people (2024)
- Patent applications, nonresidents 54 (2020)
- Share of the population using the Internet 21.9% (2024)
- Patent applications, residents 6 (2020)
- Research and development expenditure 0.3% (2017)
- Number of people using the Internet 20.39 million users (2021)
- Landline Internet subscriptions per 100 people 0.5939 per 100 people (2024)
Frequently asked questions
- What is external borrowing, net in Ethiopia?
- External borrowing, net in Ethiopia was 7.95 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Ethiopia?
- The highest recorded value was 7.95 billion current LCU in 2011.
- What is the lowest external borrowing, net recorded in Ethiopia?
- The lowest recorded value was 73.79 million current LCU in 1978.
- How does Ethiopia rank for external borrowing, net?
- Ethiopia ranks 25th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Ethiopia?
- Over the last ten years it is up 242.3%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.