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, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2008, domestic credit to private sector in Ethiopia stood at 17.7%.
That represents a change of down 4.4% on the previous year and up 12.3% 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, 0.5%, in 1962.
That places Ethiopia 149th 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 |
|---|---|---|
| 1960 | 0.5% | — |
| 1961 | 0.5% | -14.3% |
| 1962 | 0.5% | -2.8% |
| 1963 | 2.8% | +518.8% |
| 1964 | 3.2% | +13.1% |
| 1965 | 3.2% | -0.7% |
| 1966 | 3.6% | +13.0% |
| 1967 | 3.6% | +0.1% |
| 1968 | 4.0% | +11.1% |
| 1969 | 4.3% | +8.7% |
| 1970 | 5.1% | +18.0% |
| 1971 | 5.2% | +2.5% |
| 1972 | 5.5% | +5.3% |
| 1973 | 5.5% | +0.8% |
| 1974 | 5.8% | +4.1% |
| 1975 | 4.9% | -14.9% |
| 1976 | 4.6% | -6.9% |
| 1977 | 4.9% | +6.5% |
| 1978 | 5.9% | +21.0% |
| 1979 | 3.0% | -48.6% |
| 1980 | 2.0% | -34.1% |
| 1981 | 2.4% | +19.3% |
| 1982 | 2.4% | -0.5% |
| 1983 | 2.1% | -10.0% |
| 1984 | 2.1% | -1.2% |
| 1985 | 1.9% | -11.7% |
| 1986 | 1.8% | -3.3% |
| 1987 | 2.3% | +28.7% |
| 1988 | 1.7% | -27.9% |
| 1989 | 1.6% | -4.0% |
| 1990 | 1.6% | -1.1% |
| 1991 | 1.4% | -9.1% |
| 1992 | 2.1% | +44.0% |
| 1993 | 3.5% | +68.5% |
| 1994 | 4.8% | +38.7% |
| 1995 | 7.5% | +55.8% |
| 1996 | 11.6% | +54.4% |
| 1997 | 14.0% | +20.1% |
| 1998 | 15.8% | +12.6% |
| 1999 | 18.9% | +20.0% |
| 2000 | 17.6% | -6.8% |
| 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 |
|---|---|---|---|---|
| 1960s | 2.6% | 0.5% | 4.3% | 10 |
| 1970s | 5.0% | 3.0% | 5.9% | 10 |
| 1980s | 2.0% | 1.6% | 2.4% | 10 |
| 1990s | 8.1% | 1.4% | 18.9% | 10 |
| 2000s | 18.1% | 16.5% | 20.4% | 9 |
Countries ranked near Ethiopia
- 146 Algeria 19.6% compare
- 147 Mozambique 18.3% compare
- 148 Ukraine 18.2%
- 150 Argentina 17.6% compare
- 151 Zambia 17.0%
- 152 Tanzania, United Republic of 16.7% 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 International Financial Statistics database, International Monetary Fund (IMF).
- 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 0.5% in 1962.
- How does Ethiopia rank for domestic credit to private sector?
- Ethiopia ranks 149th 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 12.3%. 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 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 by financial corporations, 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. The financial corporations include 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.