Monetary Sector credit to private sector in Ethiopia
Ethiopia: Monetary Sector credit to private sector was 17.7% in 2008. ◆ Volatile
Monetary Sector credit to private sector in Ethiopia, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Ethiopia is 17.7%, measured in 2008.
The figure is down 4.4% on the previous year and up 12.3% over ten years.
Over the whole period, monetary sector credit to private sector in Ethiopia peaked at 20.4% in 2006 and was at its lowest, 0.5%, in 1962.
That places Ethiopia 146th out of 186 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.
Monetary Sector credit to private sector in Ethiopia, year by year
| Year | % 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
- 143 Benin 19.8% compare
- 144 Algeria 19.6% compare
- 145 Mozambique 18.3% compare
- 147 Eritrea 17.6% compare
- 148 Tanzania, United Republic of 16.7% compare
- 149 Madagascar 16.5% compare
More financial sector data for Ethiopia
- Total reserves in months of imports, annual growth rate 70.8 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 92.43 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0193 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 21.89 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 91.96 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 21.97 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 91.96 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 21.97 SDR per person (2024)
Frequently asked questions
- What is monetary sector credit to private sector in Ethiopia?
- Monetary sector 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 monetary sector credit to private sector recorded in Ethiopia?
- The highest recorded value was 20.4% in 2006.
- What is the lowest monetary sector credit to private sector recorded in Ethiopia?
- The lowest recorded value was 0.5% in 1962.
- How does Ethiopia rank for monetary sector credit to private sector?
- Ethiopia ranks 146th out of 186 countries with data for 2008.
- Is monetary sector 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 Monetary Sector credit to private sector (% 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. 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.