Financial system deposits to GDP in Ethiopia
Ethiopia: Financial system deposits to GDP was 27.4% in 2008. ◆ Volatile
Financial system deposits to GDP in Ethiopia, 1961–2008
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Ethiopia recorded 27.4% for financial system deposits to gdp in 2008.
Compared with earlier readings it is down 13.9% on the previous year and down 0.2% over ten years.
Over the whole period, financial system deposits to gdp in Ethiopia peaked at 37.2% in 2004 and was at its lowest, 1.1%, in 1961.
That places Ethiopia 146th out of 185 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.
Financial system deposits to GDP in Ethiopia, year by year
| Year | % | Change |
|---|---|---|
| 1961 | 1.1% | — |
| 1962 | 1.3% | +14.8% |
| 1963 | 2.4% | +85.9% |
| 1964 | 2.9% | +19.0% |
| 1965 | 2.9% | +2.2% |
| 1966 | 3.3% | +14.1% |
| 1967 | 3.5% | +4.9% |
| 1968 | 3.7% | +7.0% |
| 1969 | 4.0% | +7.7% |
| 1970 | 4.1% | +1.6% |
| 1971 | 4.3% | +4.4% |
| 1972 | 5.2% | +22.1% |
| 1973 | 6.8% | +30.6% |
| 1974 | 6.4% | -5.2% |
| 1975 | 6.2% | -4.3% |
| 1976 | 8.4% | +36.0% |
| 1977 | 7.9% | -5.9% |
| 1978 | 8.3% | +5.8% |
| 1979 | 8.6% | +3.4% |
| 1981 | 10.4% | +20.6% |
| 1982 | 11.1% | +6.5% |
| 1983 | 11.7% | +5.8% |
| 1984 | 14.2% | +20.8% |
| 1985 | 14.4% | +1.4% |
| 1986 | 15.7% | +9.1% |
| 1987 | 15.5% | -1.3% |
| 1988 | 16.7% | +7.9% |
| 1989 | 18.1% | +8.4% |
| 1990 | 18.9% | +4.5% |
| 1991 | 17.7% | -6.2% |
| 1992 | 18.2% | +2.8% |
| 1993 | 16.3% | -10.3% |
| 1994 | 19.9% | +21.9% |
| 1995 | 17.4% | -12.8% |
| 1996 | 18.2% | +5.1% |
| 1997 | 24.1% | +32.3% |
| 1998 | 27.4% | +13.6% |
| 1999 | 28.3% | +3.3% |
| 2000 | 28.4% | +0.3% |
| 2001 | 30.9% | +8.7% |
| 2002 | 36.3% | +17.6% |
| 2003 | 37.1% | +2.3% |
| 2004 | 37.2% | +0.2% |
| 2005 | 35.9% | -3.6% |
| 2006 | 34.6% | -3.5% |
| 2007 | 31.8% | -8.1% |
| 2008 | 27.4% | -13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.8% | 1.1% | 4.0% | 9 |
| 1970s | 6.6% | 4.1% | 8.6% | 10 |
| 1980s | 14.2% | 10.4% | 18.1% | 9 |
| 1990s | 20.7% | 16.3% | 28.3% | 10 |
| 2000s | 33.3% | 27.4% | 37.2% | 9 |
Countries ranked near Ethiopia
- 143 Dominican Republic 29.3% compare
- 144 Sao Tome and Principe 29.0%
- 145 Eswatini 28.0% compare
- 147 Ukraine 27.3% compare
- 148 Papua New Guinea 27.0% compare
- 149 Belarus 26.9%
More financial sector data for Ethiopia
- 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)
- Total reserves (gold at national valuation) (SDR), per capita 21.97 SDR per person (2024)
Frequently asked questions
- What is financial system deposits to gdp in Ethiopia?
- Financial system deposits to gdp in Ethiopia was 27.4% in 2008, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Ethiopia?
- The highest recorded value was 37.2% in 2004.
- What is the lowest financial system deposits to gdp recorded in Ethiopia?
- The lowest recorded value was 1.1% in 1961.
- How does Ethiopia rank for financial system deposits to gdp?
- Ethiopia ranks 146th out of 185 countries with data for 2008.
- Is financial system deposits to gdp rising or falling in Ethiopia?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).