Debt on Non-concessional terms to GDP in Ethiopia
Ethiopia: Debt on Non-concessional terms to GDP was 10.7% in 2011. ▼ Falling
Debt on Non-concessional terms to GDP in Ethiopia, 1981–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
Ethiopia recorded 10.7% for debt on non-concessional terms to gdp in 2011.
The figure is down 6.8% on the previous year and up 26.2% over ten years.
Over the whole period, debt on non-concessional terms to gdp in Ethiopia peaked at 21.7% in 1994 and was at its lowest, 2.6%, in 2008.
That places Ethiopia 22nd out of 50 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Debt on Non-concessional terms to GDP in Ethiopia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1981 | 5.5% | — |
| 1982 | 6.9% | +25.0% |
| 1983 | 6.2% | -10.6% |
| 1984 | 7.8% | +26.5% |
| 1985 | 7.8% | +0.2% |
| 1986 | 8.6% | +9.6% |
| 1987 | 9.5% | +10.0% |
| 1988 | 9.8% | +4.0% |
| 1989 | 9.2% | -6.0% |
| 1990 | 9.1% | -1.8% |
| 1991 | 10.8% | +18.8% |
| 1992 | 14.2% | +32.0% |
| 1993 | 20.3% | +42.4% |
| 1994 | 21.7% | +7.1% |
| 1995 | 20.6% | -5.1% |
| 1996 | 16.4% | -20.4% |
| 1997 | 16.8% | +2.3% |
| 1998 | 19.7% | +17.4% |
| 1999 | 10.3% | -47.7% |
| 2000 | 8.5% | -17.7% |
| 2001 | 8.5% | +0.5% |
| 2002 | 9.3% | +8.6% |
| 2003 | 10.7% | +16.2% |
| 2004 | 9.9% | -7.6% |
| 2005 | 8.5% | -14.1% |
| 2006 | 5.1% | -40.1% |
| 2007 | 3.8% | -25.7% |
| 2008 | 2.6% | -30.6% |
| 2009 | 7.1% | +169.0% |
| 2010 | 11.5% | +62.7% |
| 2011 | 10.7% | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.9% | 5.5% | 9.8% | 9 |
| 1990s | 16.0% | 9.1% | 21.7% | 10 |
| 2000s | 7.4% | 2.6% | 10.7% | 10 |
| 2010s | 11.1% | 10.7% | 11.5% | 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 to gdp in Ethiopia?
- Debt on non-concessional terms to gdp in Ethiopia was 10.7% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on non-concessional terms to gdp recorded in Ethiopia?
- The highest recorded value was 21.7% in 1994.
- What is the lowest debt on non-concessional terms to gdp recorded in Ethiopia?
- The lowest recorded value was 2.6% in 2008.
- How does Ethiopia rank for debt on non-concessional terms to gdp?
- Ethiopia ranks 22nd out of 50 countries with data for 2011.
- Is debt on non-concessional terms to gdp rising or falling in Ethiopia?
- Over the last ten years it is up 26.2%. The long-run trend across the full record is falling.
- 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 to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Non-concessional 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. 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. Long-term debt outstanding and disbursed (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.