Financial Development Index in Ethiopia, The Federal Democratic Republic of
Ethiopia, The Federal Democratic Republic of: Financial Development Index was 0.1092 in 2020. ▼ Falling
Financial Development Index in Ethiopia, The Federal Democratic Republic of, 1980–2020
Source: International Monetary Fund.
Analysis
Ethiopia, The Federal Democratic Republic of recorded 0.1092 for financial development index in 2020.
Compared with earlier readings it is down 0.1% on the previous year and down 2.7% over ten years.
Over the whole period, financial development index in Ethiopia, The Federal Democratic Republic of peaked at 0.1366 in 1981 and was at its lowest, 0.0962, in 2001.
That places Ethiopia, The Federal Democratic Republic of 155th out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1292 | 0.1241 | 0.1366 | 10 |
| 1990s | 0.113 | 0.099 | 0.1241 | 10 |
| 2000s | 0.1072 | 0.0962 | 0.1203 | 10 |
| 2010s | 0.1193 | 0.1092 | 0.1301 | 10 |
| 2020s | 0.1092 | 0.1092 | 0.1092 | 1 |
Countries ranked near Ethiopia, The Federal Democratic Republic of
- 152 Yemen, Republic of 0.1177 compare
- 153 Senegal 0.1128 compare
- 154 Syrian Arab Republic 0.1111 compare
- 156 São Tomé and Príncipe, Democratic Republic of 0.1084 compare
- 157 Congo, Republic of 0.1067 compare
- 158 Turkmenistan 0.1033 compare
More financial sector data for Ethiopia, The Federal Democratic Republic of
- 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)
- Domestic credit to private sector by banks 17.6% (2008)
Frequently asked questions
- What is financial development index in Ethiopia, The Federal Democratic Republic of?
- Financial development index in Ethiopia, The Federal Democratic Republic of was 0.1092 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Ethiopia, The Federal Democratic Republic of?
- The highest recorded value was 0.1366 in 1981.
- What is the lowest financial development index recorded in Ethiopia, The Federal Democratic Republic of?
- The lowest recorded value was 0.0962 in 2001.
- How does Ethiopia, The Federal Democratic Republic of rank for financial development index?
- Ethiopia, The Federal Democratic Republic of ranks 155th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Ethiopia, The Federal Democratic Republic of?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is falling.
- Where does this Ethiopia, The Federal Democratic Republic of data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.