Claims on private sector (annual growth as % of M2) in Ethiopia
Ethiopia: Claims on private sector (annual growth as % of M2) 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 (annual growth as % of M2) 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% |
Ethiopia compared with similar countries
- Ethiopia's -29.4% is below the median for Sub-Saharan Africa, which is 12.0%. (46 countries reporting)
- Ethiopia's -29.4% is below the median for low income countries, which is 9.1%. (19 countries reporting)
Biggest year-on-year movements
Years where Claims on private sector (annual growth as % of M2) 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 |
|---|---|---|---|
| 1988 | +3959.8% | 0.0% | 1.8% |
| 1999 | +2963.4% | 0.3% | 7.8% |
| 1993 | +1490.8% | 0.4% | 6.1% |
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0759 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0554 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0759 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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.