Claims on private sector in Ethiopia
Ethiopia: Claims on private sector was -29.4% in 2009. ◆ Volatile
Claims on private sector in Ethiopia, 1966–2009
Source: International Monetary Fund, International Financial Statistics and data files. Measured in annual growth as % of M2.
Analysis
In 2009, claims on private sector in Ethiopia stood at -29.4%. That is the lowest value across all 44 years on record.
The figure is down 549.6% on the previous year and down 476.8% over ten years.
Over the whole period, claims on private sector in Ethiopia peaked at 19.0% in 1996 and was at its lowest, -29.4%, in 2009.
Ethiopia ranks 50th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on private sector in Ethiopia, year by year
| Year | annual growth as % of M2 | Change |
|---|---|---|
| 1966 | 3.8% | — |
| 1967 | 3.5% | -8.3% |
| 1968 | 6.7% | +94.7% |
| 1969 | 5.3% | -20.7% |
| 1970 | 8.6% | +61.4% |
| 1971 | 10.8% | +24.9% |
| 1972 | 3.6% | -66.7% |
| 1973 | -0.9% | -125.9% |
| 1974 | 5.3% | -674.5% |
| 1975 | 2.7% | -49.4% |
| 1976 | -2.0% | -172.9% |
| 1977 | 2.7% | -234.7% |
| 1978 | 11.3% | +326.2% |
| 1979 | 8.4% | -25.9% |
| 1980 | -21.6% | -358.1% |
| 1981 | -1.7% | -92.1% |
| 1982 | 2.0% | -218.4% |
| 1983 | 0.1% | -93.5% |
| 1984 | -0.7% | -652.1% |
| 1985 | -0.3% | -58.0% |
| 1986 | 0.2% | -172.7% |
| 1987 | 0.0% | -80.4% |
| 1988 | 1.8% | +3959.8% |
| 1989 | -1.3% | -174.4% |
| 1990 | -0.2% | -86.8% |
| 1991 | 0.2% | -211.6% |
| 1992 | 0.4% | +100.7% |
| 1993 | 6.1% | +1490.8% |
| 1994 | 3.6% | -41.0% |
| 1995 | 13.1% | +263.2% |
| 1996 | 19.0% | +44.5% |
| 1997 | 8.7% | -54.0% |
| 1998 | 0.3% | -97.1% |
| 1999 | 7.8% | +2963.4% |
| 2000 | 5.9% | -24.6% |
| 2001 | 2.7% | -53.2% |
| 2002 | -3.5% | -226.4% |
| 2003 | -1.0% | -72.6% |
| 2004 | 1.0% | -207.8% |
| 2005 | 7.6% | +637.2% |
| 2006 | 7.5% | -0.6% |
| 2007 | 7.8% | +3.3% |
| 2008 | 6.5% | -16.1% |
| 2009 | -29.4% | -549.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.8% | 3.5% | 6.7% | 4 |
| 1970s | 5.0% | -2.0% | 11.3% | 10 |
| 1980s | -2.1% | -21.6% | 2.0% | 10 |
| 1990s | 5.9% | -0.2% | 19.0% | 10 |
| 2000s | 0.5% | -29.4% | 7.8% | 10 |
Countries ranked near Ethiopia
More financial sector data for Ethiopia
- Net domestic credit (current LCU), per capita 1,078 current LCU per person (2008)
- Net domestic credit (current LCU), per unit of GDP 3.41 current LCU per US$ of GDP (2008)
- Net domestic credit (current LCU), annual growth rate 27.19 % change on previous year (2008)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 2.89 billion SDR (2024)
- Reserves excluding gold 2.90 billion SDR (2024)
- Total reserves (gold at market value) 2.90 billion SDR (2024)
- Total reserves (gold at national valuation) 2.90 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 21.97 SDR per person (2024)
Frequently asked questions
- What is claims on private sector in Ethiopia?
- Claims on private sector in Ethiopia was -29.4% in 2009, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest claims on private sector recorded in Ethiopia?
- The highest recorded value was 19.0% in 1996.
- What is the lowest claims on private sector recorded in Ethiopia?
- The lowest recorded value was -29.4% in 2009.
- How does Ethiopia rank for claims on private sector?
- Ethiopia ranks 50th out of 50 countries with data for 2009.
- Is claims on private sector rising or falling in Ethiopia?
- Over the last ten years it is down 476.8%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Claims on private sector (annual growth as % of M2). Statizoid updates them automatically from the source API.
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About this data
Claims on private sector (IFS line 32d) include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Money and quasi money (M2) comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government.