Debt on Non-concessional terms in Ethiopia
Ethiopia: Debt on Non-concessional terms was 3.25 billion current US$ in 2011. ◆ Volatile
Debt on Non-concessional terms in Ethiopia, 1970–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
Ethiopia recorded 3.25 billion current US$ for debt on non-concessional terms in 2011. That is the highest value across all 42 years on record.
The figure is up 6.1% on the previous year and up 374.5% over ten years.
Over the whole period, debt on non-concessional terms in Ethiopia peaked at 3.25 billion current US$ in 2011 and was at its lowest, 0 current US$, in 1970.
That places Ethiopia 13th out of 50 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt on Non-concessional terms in Ethiopia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 0 current US$ | — |
| 1971 | 82.87 million current US$ | — |
| 1972 | 84.84 million current US$ | +2.4% |
| 1973 | 85.84 million current US$ | +1.2% |
| 1974 | 86.07 million current US$ | +0.3% |
| 1975 | 90.13 million current US$ | +4.7% |
| 1976 | 84.60 million current US$ | -6.1% |
| 1977 | 132.43 million current US$ | +56.5% |
| 1978 | 148.28 million current US$ | +12.0% |
| 1979 | 234.72 million current US$ | +58.3% |
| 1980 | 261.44 million current US$ | +11.4% |
| 1981 | 403.05 million current US$ | +54.2% |
| 1982 | 529.96 million current US$ | +31.5% |
| 1983 | 526.75 million current US$ | -0.6% |
| 1984 | 629.68 million current US$ | +19.5% |
| 1985 | 738.48 million current US$ | +17.3% |
| 1986 | 840.43 million current US$ | +13.8% |
| 1987 | 988.09 million current US$ | +17.6% |
| 1988 | 1.06 billion current US$ | +7.7% |
| 1989 | 1.05 billion current US$ | -1.1% |
| 1990 | 1.10 billion current US$ | +4.2% |
| 1991 | 1.44 billion current US$ | +31.4% |
| 1992 | 1.48 billion current US$ | +2.9% |
| 1993 | 1.52 billion current US$ | +2.4% |
| 1994 | 1.58 billion current US$ | +4.1% |
| 1995 | 1.59 billion current US$ | +0.8% |
| 1996 | 1.38 billion current US$ | -13.0% |
| 1997 | 1.45 billion current US$ | +4.4% |
| 1998 | 1.54 billion current US$ | +6.4% |
| 1999 | 762.27 million current US$ | -50.4% |
| 2000 | 687.19 million current US$ | -9.8% |
| 2001 | 685.15 million current US$ | -0.3% |
| 2002 | 718.72 million current US$ | +4.9% |
| 2003 | 917.87 million current US$ | +27.7% |
| 2004 | 997.20 million current US$ | +8.6% |
| 2005 | 1.05 billion current US$ | +5.2% |
| 2006 | 773.42 million current US$ | -26.3% |
| 2007 | 728.06 million current US$ | -5.9% |
| 2008 | 681.00 million current US$ | -6.5% |
| 2009 | 2.02 billion current US$ | +196.2% |
| 2010 | 3.06 billion current US$ | +51.9% |
| 2011 | 3.25 billion current US$ | +6.1% |
Ethiopia compared with similar countries
- Ethiopia's 3.25 billion current US$ is above the median for low income countries, which is 355.36 million current US$, 9.1× the median. (20 countries reporting)
- Ethiopia's 3.25 billion current US$ is above the median for Sub-Saharan Africa, which is 818.73 million current US$, 4.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Debt on Non-concessional terms in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +196.2% | 681.00 million current US$ | 2.02 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 102.98 million current US$ | 0 current US$ | 234.72 million current US$ | 10 |
| 1980s | 703.53 million current US$ | 261.44 million current US$ | 1.06 billion current US$ | 10 |
| 1990s | 1.38 billion current US$ | 762.27 million current US$ | 1.59 billion current US$ | 10 |
| 2000s | 925.44 million current US$ | 681.00 million current US$ | 2.02 billion current US$ | 10 |
| 2010s | 3.16 billion current US$ | 3.06 billion current US$ | 3.25 billion current US$ | 2 |
Countries ranked near Ethiopia
More external debt data for Ethiopia
- IFC, private nonguaranteed 23.11 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.175 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0002 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 66.46 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.7% (2024)
- Net financial flows, IDA 1.13 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 8.58 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0076 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -4.01 million NFL, current US$ (1995)
- Public and publicly guaranteed debt service 8.1% (2024)
Frequently asked questions
- What is debt on non-concessional terms in Ethiopia?
- Debt on non-concessional terms in Ethiopia was 3.25 billion current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on non-concessional terms recorded in Ethiopia?
- The highest recorded value was 3.25 billion current US$ in 2011.
- What is the lowest debt on non-concessional terms recorded in Ethiopia?
- The lowest recorded value was 0 current US$ in 1970.
- How does Ethiopia rank for debt on non-concessional terms?
- Ethiopia ranks 13th out of 50 countries with data for 2011.
- Is debt on non-concessional terms rising or falling in Ethiopia?
- Over the last ten years it is up 374.5%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Non-concessional terms (current US$). Statizoid updates them automatically from the source API.
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About this data
Non-concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders on non-concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. This is the difference between the total debt outstanding and disbursed less debt on concessional terms. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. Data are in current U.S. dollars.