Domestic credit provided by financial sector in Ethiopia
Ethiopia: Domestic credit provided by financial sector was 46.8% in 2006. ◆ Volatile
Domestic credit provided by financial sector in Ethiopia, 1965–2006
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2006, domestic credit provided by financial sector in Ethiopia stood at 46.8%.
The figure is down 5.3% on the previous year and up 50.1% over ten years.
Over the whole period, domestic credit provided by financial sector in Ethiopia peaked at 49.5% in 2005 and was at its lowest, 4.8%, in 1965.
That places Ethiopia 44th out of 65 countries with data for 2006, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit provided by financial sector in Ethiopia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 4.8% | — |
| 1966 | 5.9% | +22.0% |
| 1967 | 6.2% | +5.1% |
| 1968 | 6.9% | +10.4% |
| 1969 | 7.6% | +10.6% |
| 1970 | 8.2% | +8.5% |
| 1971 | 8.1% | -1.8% |
| 1972 | 8.9% | +9.9% |
| 1973 | 9.1% | +3.0% |
| 1974 | 9.0% | -1.8% |
| 1975 | 11.2% | +25.1% |
| 1976 | 12.6% | +11.9% |
| 1977 | 13.7% | +9.3% |
| 1978 | 17.3% | +25.8% |
| 1979 | 19.9% | +15.1% |
| 1980 | 22.2% | +11.6% |
| 1981 | 21.4% | -3.6% |
| 1982 | 23.2% | +8.5% |
| 1983 | 24.1% | +3.6% |
| 1984 | 28.0% | +16.4% |
| 1985 | 25.9% | -7.4% |
| 1986 | 27.4% | +5.6% |
| 1987 | 28.5% | +4.0% |
| 1988 | 30.7% | +7.6% |
| 1989 | 32.7% | +6.6% |
| 1990 | 38.2% | +16.8% |
| 1991 | 37.8% | -1.2% |
| 1992 | 38.4% | +1.6% |
| 1993 | 31.7% | -17.4% |
| 1994 | 32.4% | +2.2% |
| 1995 | 29.4% | -9.2% |
| 1996 | 31.2% | +6.1% |
| 1997 | 35.0% | +12.3% |
| 1998 | 40.3% | +15.0% |
| 1999 | 46.8% | +16.0% |
| 2000 | 48.6% | +4.0% |
| 2001 | 44.2% | -9.1% |
| 2002 | 46.3% | +4.8% |
| 2003 | 46.8% | +1.1% |
| 2004 | 45.9% | -1.9% |
| 2005 | 49.5% | +7.6% |
| 2006 | 46.8% | -5.3% |
Ethiopia compared with similar countries
- Ethiopia's 46.8% is below the median for Sub-Saharan Africa, which is 51.1%, 92% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.3% | 4.8% | 7.6% | 5 |
| 1970s | 11.8% | 8.1% | 19.9% | 10 |
| 1980s | 26.4% | 21.4% | 32.7% | 10 |
| 1990s | 36.1% | 29.4% | 46.8% | 10 |
| 2000s | 46.9% | 44.2% | 49.5% | 7 |
Countries ranked near Ethiopia
- 41 Bosnia and Herzegovina 53.7%
- 42 Indonesia 51.2%
- 43 Samoa 48.8%
- 45 Guatemala 45.9% compare
- 46 Argentina 42.0% compare
- 47 Kazakhstan 41.6%
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 domestic credit provided by financial sector in Ethiopia?
- Domestic credit provided by financial sector in Ethiopia was 46.8% in 2006, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit provided by financial sector recorded in Ethiopia?
- The highest recorded value was 49.5% in 2005.
- What is the lowest domestic credit provided by financial sector recorded in Ethiopia?
- The lowest recorded value was 4.8% in 1965.
- How does Ethiopia rank for domestic credit provided by financial sector?
- Ethiopia ranks 44th out of 65 countries with data for 2006.
- Is domestic credit provided by financial sector rising or falling in Ethiopia?
- Over the last ten years it is up 50.1%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit provided by financial sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.