Private credit by deposit money banks and other financial in Ethiopia
Ethiopia: Private credit by deposit money banks and other financial was 18.0% in 2008. ◆ Volatile
Private credit by deposit money banks and other financial in Ethiopia, 1961–2008
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2008, private credit by deposit money banks and other financial in Ethiopia stood at 18.0%.
That represents a change of down 4.7% on the previous year and down 13.5% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Ethiopia peaked at 25.0% in 1999 and was at its lowest, 0.4%, in 1962.
Ethiopia ranks 151st of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks and other financial in Ethiopia, year by year
| Year | % | Change |
|---|---|---|
| 1961 | 0.4% | — |
| 1962 | 0.4% | -3.0% |
| 1963 | 2.7% | +516.3% |
| 1964 | 3.0% | +12.3% |
| 1965 | 3.8% | +26.2% |
| 1966 | 5.0% | +32.9% |
| 1967 | 4.7% | -5.7% |
| 1968 | 5.1% | +8.2% |
| 1969 | 5.6% | +8.7% |
| 1970 | 6.5% | +16.2% |
| 1971 | 6.4% | -0.6% |
| 1972 | 7.0% | +9.1% |
| 1973 | 7.5% | +6.6% |
| 1974 | 7.9% | +5.9% |
| 1975 | 8.4% | +5.9% |
| 1976 | 7.9% | -5.3% |
| 1977 | 8.4% | +5.4% |
| 1978 | 10.4% | +23.7% |
| 1979 | 8.7% | -16.0% |
| 1981 | 10.0% | +15.2% |
| 1982 | 10.3% | +3.2% |
| 1983 | 8.6% | -16.8% |
| 1984 | 10.2% | +18.6% |
| 1985 | 9.8% | -3.7% |
| 1986 | 10.2% | +3.9% |
| 1987 | 11.6% | +13.8% |
| 1988 | 12.0% | +3.8% |
| 1989 | 12.1% | +0.2% |
| 1990 | 13.8% | +14.2% |
| 1991 | 12.6% | -8.3% |
| 1992 | 11.3% | -10.6% |
| 1993 | 6.1% | -46.0% |
| 1994 | 8.0% | +30.5% |
| 1995 | 9.2% | +15.4% |
| 1996 | 14.1% | +53.5% |
| 1997 | 17.5% | +24.2% |
| 1998 | 20.8% | +18.5% |
| 1999 | 25.0% | +20.2% |
| 2000 | 23.3% | -6.7% |
| 2001 | 21.7% | -7.0% |
| 2002 | 21.4% | -1.3% |
| 2003 | 20.5% | -4.1% |
| 2004 | 19.5% | -4.7% |
| 2005 | 23.2% | +18.8% |
| 2006 | 24.1% | +3.7% |
| 2007 | 18.9% | -21.7% |
| 2008 | 18.0% | -4.7% |
Ethiopia compared with similar countries
- Ethiopia's 18.0% is above the median for low income countries, which is 13.8%, 1.3× the median. (23 countries reporting)
- Ethiopia's 18.0% is above the median for Sub-Saharan Africa, which is 15.4%, 1.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks and other financial 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 | +516.3% | 0.4% | 2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.4% | 0.4% | 5.6% | 9 |
| 1970s | 7.9% | 6.4% | 10.4% | 10 |
| 1980s | 10.5% | 8.6% | 12.1% | 9 |
| 1990s | 13.8% | 6.1% | 25.0% | 10 |
| 2000s | 21.2% | 18.0% | 24.1% | 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 private credit by deposit money banks and other financial in Ethiopia?
- Private credit by deposit money banks and other financial in Ethiopia was 18.0% in 2008, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Ethiopia?
- The highest recorded value was 25.0% in 1999.
- What is the lowest private credit by deposit money banks and other financial recorded in Ethiopia?
- The lowest recorded value was 0.4% in 1962.
- How does Ethiopia rank for private credit by deposit money banks and other financial?
- Ethiopia ranks 151st out of 187 countries with data for 2008.
- Is private credit by deposit money banks and other financial rising or falling in Ethiopia?
- Over the last ten years it is down 13.5%. 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 Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); 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)