Domestic credit to private sector in Ethiopia
Ethiopia: Domestic credit to private sector was 17.7% in 2008. ◆ Volatile
Domestic credit to private sector in Ethiopia, 1981–2008
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Ethiopia is 17.7%, measured in 2008.
Compared with earlier readings it is down 4.4% on the previous year and up 9.6% over ten years.
Over the whole period, domestic credit to private sector in Ethiopia peaked at 20.4% in 2006 and was at its lowest, 1.5%, in 1991.
That places Ethiopia 151st out of 187 countries with data for 2008, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Ethiopia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1981 | 2.4% | — |
| 1982 | 2.4% | -0.5% |
| 1983 | 2.2% | -10.0% |
| 1984 | 2.2% | -1.2% |
| 1985 | 1.9% | -11.7% |
| 1986 | 1.8% | -3.3% |
| 1987 | 2.4% | +28.7% |
| 1988 | 1.7% | -27.9% |
| 1989 | 1.6% | -4.0% |
| 1990 | 1.6% | -1.1% |
| 1991 | 1.5% | -9.1% |
| 1992 | 2.1% | +44.0% |
| 1993 | 3.6% | +68.5% |
| 1994 | 5.0% | +38.7% |
| 1995 | 7.7% | +55.8% |
| 1996 | 11.9% | +54.4% |
| 1997 | 14.3% | +20.1% |
| 1998 | 16.2% | +12.6% |
| 1999 | 19.4% | +20.0% |
| 2000 | 17.6% | -9.1% |
| 2001 | 17.8% | +0.9% |
| 2002 | 18.0% | +1.1% |
| 2003 | 17.5% | -2.7% |
| 2004 | 16.5% | -5.6% |
| 2005 | 18.9% | +14.1% |
| 2006 | 20.4% | +8.4% |
| 2007 | 18.5% | -9.4% |
| 2008 | 17.7% | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.1% | 1.6% | 2.4% | 9 |
| 1990s | 8.3% | 1.5% | 19.4% | 10 |
| 2000s | 18.1% | 16.5% | 20.4% | 9 |
Countries ranked near Ethiopia
- 148 Lesotho 20.0% compare
- 149 Sao Tome and Principe 19.8% compare
- 150 Papua New Guinea 18.2%
- 152 Liberia 17.0% compare
- 153 Libya 16.6% compare
- 154 Guinea-Bissau 16.2% compare
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 to private sector in Ethiopia?
- Domestic credit to private sector in Ethiopia was 17.7% in 2008, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Ethiopia?
- The highest recorded value was 20.4% in 2006.
- What is the lowest domestic credit to private sector recorded in Ethiopia?
- The lowest recorded value was 1.5% in 1991.
- How does Ethiopia rank for domestic credit to private sector?
- Ethiopia ranks 151st out of 187 countries with data for 2008.
- Is domestic credit to private sector rising or falling in Ethiopia?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.