Multilateral debt service in Ethiopia
Ethiopia: Multilateral debt service was 45.6% in 2024. ◆ Volatile
Multilateral debt service in Ethiopia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
The most recent figure for multilateral debt service in Ethiopia is 45.6%, measured in 2024.
Compared with earlier readings it is up 29.5% on the previous year and up 262.9% over ten years.
Over the whole period, multilateral debt service in Ethiopia peaked at 80.5% in 2004 and was at its lowest, 8.9%, in 2019.
Ethiopia ranks 53rd of 123 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.
Multilateral debt service in Ethiopia, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 27.9% | — |
| 1971 | 29.7% | +6.7% |
| 1972 | 30.3% | +1.9% |
| 1973 | 36.1% | +19.1% |
| 1974 | 41.5% | +15.0% |
| 1975 | 37.7% | -9.2% |
| 1976 | 40.8% | +8.3% |
| 1977 | 42.2% | +3.5% |
| 1978 | 38.4% | -9.0% |
| 1979 | 38.8% | +0.9% |
| 1980 | 36.6% | -5.7% |
| 1981 | 24.4% | -33.3% |
| 1982 | 22.3% | -8.5% |
| 1983 | 18.4% | -17.5% |
| 1984 | 16.6% | -9.5% |
| 1985 | 15.6% | -6.3% |
| 1986 | 13.1% | -16.0% |
| 1987 | 13.1% | -0.1% |
| 1988 | 11.3% | -13.7% |
| 1989 | 12.5% | +10.8% |
| 1990 | 14.6% | +16.5% |
| 1991 | 33.8% | +131.6% |
| 1992 | 40.1% | +18.8% |
| 1993 | 47.4% | +18.1% |
| 1994 | 49.2% | +3.9% |
| 1995 | 41.9% | -14.8% |
| 1996 | 20.9% | -50.2% |
| 1997 | 76.5% | +266.4% |
| 1998 | 69.7% | -8.8% |
| 1999 | 63.8% | -8.6% |
| 2000 | 72.4% | +13.5% |
| 2001 | 54.2% | -25.2% |
| 2002 | 62.5% | +15.3% |
| 2003 | 64.0% | +2.5% |
| 2004 | 80.5% | +25.8% |
| 2005 | 54.5% | -32.3% |
| 2006 | 45.2% | -17.2% |
| 2007 | 41.4% | -8.4% |
| 2008 | 48.2% | +16.5% |
| 2009 | 49.3% | +2.4% |
| 2010 | 30.9% | -37.3% |
| 2011 | 19.5% | -36.8% |
| 2012 | 17.2% | -12.2% |
| 2013 | 12.6% | -26.3% |
| 2014 | 12.6% | -0.6% |
| 2015 | 9.5% | -24.2% |
| 2016 | 9.5% | +0.2% |
| 2017 | 9.9% | +3.7% |
| 2018 | 11.4% | +15.0% |
| 2019 | 8.9% | -22.2% |
| 2020 | 11.5% | +29.6% |
| 2021 | 13.9% | +21.2% |
| 2022 | 17.5% | +25.8% |
| 2023 | 35.2% | +101.2% |
| 2024 | 45.6% | +29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.3% | 27.9% | 42.2% | 10 |
| 1980s | 18.4% | 11.3% | 36.6% | 10 |
| 1990s | 45.8% | 14.6% | 76.5% | 10 |
| 2000s | 57.2% | 41.4% | 80.5% | 10 |
| 2010s | 14.2% | 8.9% | 30.9% | 10 |
| 2020s | 24.7% | 11.5% | 45.6% | 5 |
Countries ranked near Ethiopia
- 50 Guinea-Bissau 47.2% compare
- 51 Tajikistan 47.2% compare
- 52 Kyrgyzstan 45.8% compare
- 54 Uganda 39.7% compare
- 55 Morocco 39.3% compare
- 56 Ecuador 39.2% 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 multilateral debt service in Ethiopia?
- Multilateral debt service in Ethiopia was 45.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Ethiopia?
- The highest recorded value was 80.5% in 2004.
- What is the lowest multilateral debt service recorded in Ethiopia?
- The lowest recorded value was 8.9% in 2019.
- How does Ethiopia rank for multilateral debt service?
- Ethiopia ranks 53rd out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Ethiopia?
- Over the last ten years it is up 262.9%. 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 Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.