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.
External borrowing, net in Ethiopia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1976 | 104.26 million current LCU | — |
| 1977 | 86.79 million current LCU | -16.8% |
| 1978 | 73.79 million current LCU | -15.0% |
| 1979 | 170.75 million current LCU | +131.4% |
| 1980 | 168.24 million current LCU | -1.5% |
| 1981 | 130.50 million current LCU | -22.4% |
| 1982 | 474.92 million current LCU | +263.9% |
| 1983 | 422.52 million current LCU | -11.0% |
| 1984 | 208.50 million current LCU | -50.7% |
| 1985 | 335.70 million current LCU | +61.0% |
| 1986 | 470.40 million current LCU | +40.1% |
| 1987 | 392.60 million current LCU | -16.5% |
| 1988 | 402.00 million current LCU | +2.4% |
| 1989 | 601.60 million current LCU | +49.7% |
| 1990 | 495.87 million current LCU | -17.6% |
| 1991 | 420.80 million current LCU | -15.1% |
| 1992 | 299.20 million current LCU | -28.9% |
| 1993 | 720.65 million current LCU | +140.9% |
| 1994 | 1.69 billion current LCU | +134.6% |
| 1995 | 1.25 billion current LCU | -26.3% |
| 1996 | 1.44 billion current LCU | +15.3% |
| 1997 | 679.43 million current LCU | -52.7% |
| 1998 | 578.22 million current LCU | -14.9% |
| 1999 | 1.75 billion current LCU | +202.0% |
| 2000 | 1.05 billion current LCU | -39.9% |
| 2001 | 2.32 billion current LCU | +121.3% |
| 2002 | 4.81 billion current LCU | +107.3% |
| 2003 | 3.19 billion current LCU | -33.6% |
| 2004 | 2.40 billion current LCU | -24.9% |
| 2005 | 2.38 billion current LCU | -0.6% |
| 2006 | 1.51 billion current LCU | -36.6% |
| 2007 | 1.91 billion current LCU | +26.5% |
| 2008 | 2.40 billion current LCU | +25.3% |
| 2009 | 5.37 billion current LCU | +124.1% |
| 2010 | 6.45 billion current LCU | +20.1% |
| 2011 | 7.95 billion current LCU | +23.2% |
Ethiopia compared with similar countries
- Ethiopia's 7.95 billion current LCU is below the median for low income countries, which is 21.58 billion current LCU, 37% of the median. (18 countries reporting)
- Ethiopia's 7.95 billion current LCU is below the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 85% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +263.9% | 130.50 million current LCU | 474.92 million current LCU |
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
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 65.08 (2024)
- Mobile cellular subscriptions by country, per capita 0.6508 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0006 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 85.95 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 68.28 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 8.7 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 11.54 % change on previous year (2024)
- Scientific and technical journal articles 6,728 (2023)
- Scientific and technical journal articles, per capita 0.0001 units per person (2023)
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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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.