Net domestic credit (current LCU) in Ethiopia
Ethiopia: Net domestic credit (current LCU) was 92.23 billion current LCU in 2008. ◆ Volatile
Net domestic credit in Ethiopia, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2008, net domestic credit in Ethiopia stood at 92.23 billion current LCU. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 27.2% on the previous year and up 358.2% over ten years.
Over the whole period, net domestic credit in Ethiopia peaked at 92.23 billion current LCU in 2008 and was at its lowest, 31.10 million current LCU, in 1962.
Ethiopia ranks 130th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU) in Ethiopia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 49.10 million current LCU | — |
| 1961 | 45.90 million current LCU | -6.5% |
| 1962 | 31.10 million current LCU | -32.2% |
| 1963 | 153.30 million current LCU | +392.9% |
| 1964 | 203.20 million current LCU | +32.6% |
| 1965 | 232.58 million current LCU | +14.5% |
| 1966 | 267.58 million current LCU | +15.0% |
| 1967 | 316.76 million current LCU | +18.4% |
| 1968 | 381.84 million current LCU | +20.5% |
| 1969 | 442.51 million current LCU | +15.9% |
| 1970 | 520.68 million current LCU | +17.7% |
| 1971 | 552.37 million current LCU | +6.1% |
| 1972 | 589.63 million current LCU | +6.7% |
| 1973 | 598.04 million current LCU | +1.4% |
| 1974 | 628.67 million current LCU | +5.1% |
| 1975 | 803.49 million current LCU | +27.8% |
| 1976 | 1.03 billion current LCU | +28.3% |
| 1977 | 1.33 billion current LCU | +29.0% |
| 1978 | 1.82 billion current LCU | +36.9% |
| 1979 | 2.36 billion current LCU | +29.5% |
| 1980 | 2.77 billion current LCU | +17.5% |
| 1981 | 3.07 billion current LCU | +10.6% |
| 1982 | 3.55 billion current LCU | +15.8% |
| 1983 | 4.03 billion current LCU | +13.4% |
| 1984 | 4.42 billion current LCU | +9.9% |
| 1985 | 4.79 billion current LCU | +8.2% |
| 1986 | 5.28 billion current LCU | +10.3% |
| 1987 | 5.87 billion current LCU | +11.1% |
| 1988 | 6.49 billion current LCU | +10.6% |
| 1989 | 7.38 billion current LCU | +13.8% |
| 1990 | 8.82 billion current LCU | +19.5% |
| 1991 | 9.71 billion current LCU | +10.1% |
| 1992 | 10.92 billion current LCU | +12.5% |
| 1993 | 11.63 billion current LCU | +6.5% |
| 1994 | 12.44 billion current LCU | +7.0% |
| 1995 | 13.72 billion current LCU | +10.3% |
| 1996 | 16.26 billion current LCU | +18.6% |
| 1997 | 18.58 billion current LCU | +14.3% |
| 1998 | 20.13 billion current LCU | +8.3% |
| 1999 | 25.15 billion current LCU | +24.9% |
| 2000 | 29.69 billion current LCU | +18.1% |
| 2001 | 28.45 billion current LCU | -4.2% |
| 2002 | 29.57 billion current LCU | +4.0% |
| 2003 | 33.20 billion current LCU | +12.3% |
| 2004 | 38.48 billion current LCU | +15.9% |
| 2005 | 49.56 billion current LCU | +28.8% |
| 2006 | 58.77 billion current LCU | +18.6% |
| 2007 | 72.52 billion current LCU | +23.4% |
| 2008 | 92.23 billion current LCU | +27.2% |
Ethiopia compared with similar countries
- Ethiopia's 92.23 billion current LCU is below the median for low income countries, which is 2.33 trillion current LCU, 4% of the median. (24 countries reporting)
- Ethiopia's 92.23 billion current LCU is below the median for Sub-Saharan Africa, which is 1.92 trillion current LCU, 5% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1963 | +392.9% | 31.10 million current LCU | 153.30 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 212.39 million current LCU | 31.10 million current LCU | 442.51 million current LCU | 10 |
| 1970s | 1.02 billion current LCU | 520.68 million current LCU | 2.36 billion current LCU | 10 |
| 1980s | 4.76 billion current LCU | 2.77 billion current LCU | 7.38 billion current LCU | 10 |
| 1990s | 14.74 billion current LCU | 8.82 billion current LCU | 25.15 billion current LCU | 10 |
| 2000s | 48.05 billion current LCU | 28.45 billion current LCU | 92.23 billion current LCU | 9 |
Countries ranked near Ethiopia
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 net domestic credit in Ethiopia?
- Net domestic credit in Ethiopia was 92.23 billion current LCU in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Ethiopia?
- The highest recorded value was 92.23 billion current LCU in 2008.
- What is the lowest net domestic credit recorded in Ethiopia?
- The lowest recorded value was 31.10 million current LCU in 1962.
- How does Ethiopia rank for net domestic credit?
- Ethiopia ranks 130th out of 187 countries with data for 2008.
- Is net domestic credit rising or falling in Ethiopia?
- Over the last ten years it is up 358.2%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.