Debt service on external debt, total in Ethiopia
Ethiopia: Debt service on external debt, total was 1.36 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
1.36 billion TDS, current US$
Change on year
down 13.4%
World rank
61st
of 122 countries
All-time high
2.22 billion TDS, current US$
in 2019
All-time low
20.20 million TDS, current US$
in 1971
Years of data
55
1970–2024
Debt service on external debt, total in Ethiopia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for debt service on external debt, total in Ethiopia is 1.36 billion TDS, current US$, measured in 2024.
That represents a change of down 13.4% on the previous year and up 78.8% over ten years.
Over the whole period, debt service on external debt, total in Ethiopia peaked at 2.22 billion TDS, current US$ in 2019 and was at its lowest, 20.20 million TDS, current US$, in 1971.
That places Ethiopia 61st out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Ethiopia, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 21.14 million TDS, current US$ | — |
| 1971 | 20.20 million TDS, current US$ | -4.5% |
| 1972 | 21.39 million TDS, current US$ | +5.9% |
| 1973 | 22.07 million TDS, current US$ | +3.2% |
| 1974 | 21.12 million TDS, current US$ | -4.3% |
| 1975 | 25.42 million TDS, current US$ | +20.4% |
| 1976 | 24.14 million TDS, current US$ | -5.0% |
| 1977 | 25.15 million TDS, current US$ | +4.2% |
| 1978 | 27.16 million TDS, current US$ | +8.0% |
| 1979 | 28.65 million TDS, current US$ | +5.5% |
| 1980 | 44.80 million TDS, current US$ | +56.4% |
| 1981 | 57.88 million TDS, current US$ | +29.2% |
| 1982 | 75.79 million TDS, current US$ | +30.9% |
| 1983 | 107.48 million TDS, current US$ | +41.8% |
| 1984 | 130.04 million TDS, current US$ | +21.0% |
| 1985 | 158.79 million TDS, current US$ | +22.1% |
| 1986 | 224.62 million TDS, current US$ | +41.5% |
| 1987 | 248.94 million TDS, current US$ | +10.8% |
| 1988 | 309.39 million TDS, current US$ | +24.3% |
| 1989 | 304.09 million TDS, current US$ | -1.7% |
| 1990 | 236.16 million TDS, current US$ | -22.3% |
| 1991 | 137.92 million TDS, current US$ | -41.6% |
| 1992 | 109.54 million TDS, current US$ | -20.6% |
| 1993 | 95.00 million TDS, current US$ | -13.3% |
| 1994 | 112.26 million TDS, current US$ | +18.2% |
| 1995 | 154.62 million TDS, current US$ | +37.7% |
| 1996 | 348.06 million TDS, current US$ | +125.1% |
| 1997 | 99.98 million TDS, current US$ | -71.3% |
| 1998 | 119.00 million TDS, current US$ | +19.0% |
| 1999 | 156.41 million TDS, current US$ | +31.4% |
| 2000 | 138.56 million TDS, current US$ | -11.4% |
| 2001 | 183.02 million TDS, current US$ | +32.1% |
| 2002 | 85.78 million TDS, current US$ | -53.1% |
| 2003 | 92.74 million TDS, current US$ | +8.1% |
| 2004 | 96.52 million TDS, current US$ | +4.1% |
| 2005 | 88.31 million TDS, current US$ | -8.5% |
| 2006 | 133.64 million TDS, current US$ | +51.3% |
| 2007 | 125.70 million TDS, current US$ | -5.9% |
| 2008 | 103.47 million TDS, current US$ | -17.7% |
| 2009 | 95.81 million TDS, current US$ | -7.4% |
| 2010 | 179.34 million TDS, current US$ | +87.2% |
| 2011 | 343.95 million TDS, current US$ | +91.8% |
| 2012 | 428.83 million TDS, current US$ | +24.7% |
| 2013 | 653.99 million TDS, current US$ | +52.5% |
| 2014 | 759.22 million TDS, current US$ | +16.1% |
| 2015 | 1.10 billion TDS, current US$ | +45.2% |
| 2016 | 1.24 billion TDS, current US$ | +12.4% |
| 2017 | 1.48 billion TDS, current US$ | +19.6% |
| 2018 | 1.65 billion TDS, current US$ | +11.5% |
| 2019 | 2.22 billion TDS, current US$ | +34.0% |
| 2020 | 2.02 billion TDS, current US$ | -8.9% |
| 2021 | 2.02 billion TDS, current US$ | -0.1% |
| 2022 | 2.01 billion TDS, current US$ | -0.2% |
| 2023 | 1.57 billion TDS, current US$ | -22.1% |
| 2024 | 1.36 billion TDS, current US$ | -13.4% |
Ethiopia compared with similar countries
- Ethiopia's 1.36 billion TDS, current US$ is above the median for low income countries, which is 163.79 million TDS, current US$, 8.3× the median. (23 countries reporting)
- Ethiopia's 1.36 billion TDS, current US$ is above the median for Sub-Saharan Africa, which is 421.48 million TDS, current US$, 3.2× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.64 million TDS, current US$ | 20.20 million TDS, current US$ | 28.65 million TDS, current US$ | 10 |
| 1980s | 166.18 million TDS, current US$ | 44.80 million TDS, current US$ | 309.39 million TDS, current US$ | 10 |
| 1990s | 156.89 million TDS, current US$ | 95.00 million TDS, current US$ | 348.06 million TDS, current US$ | 10 |
| 2000s | 114.36 million TDS, current US$ | 85.78 million TDS, current US$ | 183.02 million TDS, current US$ | 10 |
| 2010s | 1.01 billion TDS, current US$ | 179.34 million TDS, current US$ | 2.22 billion TDS, current US$ | 10 |
| 2020s | 1.79 billion TDS, current US$ | 1.36 billion TDS, current US$ | 2.02 billion TDS, current US$ | 5 |
Countries ranked near Ethiopia
- 58 North Macedonia 1.54 billion TDS, current US$ compare
- 59 Bosnia and Herzegovina 1.46 billion TDS, current US$ compare
- 60 Zimbabwe 1.42 billion TDS, current US$ compare
- 62 Montenegro 1.24 billion TDS, current US$ compare
- 63 Benin 1.14 billion TDS, current US$ compare
- 64 Moldova 1.14 billion TDS, current US$ compare
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 service on external debt, total in Ethiopia?
- Debt service on external debt, total in Ethiopia was 1.36 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Ethiopia?
- The highest recorded value was 2.22 billion TDS, current US$ in 2019.
- What is the lowest debt service on external debt, total recorded in Ethiopia?
- The lowest recorded value was 20.20 million TDS, current US$ in 1971.
- How does Ethiopia rank for debt service on external debt, total?
- Ethiopia ranks 61st out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Ethiopia?
- Over the last ten years it is up 78.8%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.