Debt service as a proportion of exports of goods, services and in Ethiopia
Ethiopia: Debt service as a proportion of exports of goods, services and was 14.3% in 2023. ◆ Volatile
Latest (2023)
14.3%
Change on year
down 21.5%
World rank
22nd
of 125 countries
All-time high
28.7%
in 2019
All-time low
2.8%
in 2009
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Ethiopia, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, debt service as a proportion of exports of goods, services and in Ethiopia stood at 14.3%.
That represents a change of down 21.5% on the previous year and up 33.9% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Ethiopia peaked at 28.7% in 2019 and was at its lowest, 2.8%, in 2009.
That places Ethiopia 22nd out of 125 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 13.6% | — |
| 2001 | 18.4% | +34.9% |
| 2002 | 7.9% | -57.0% |
| 2003 | 7.2% | -9.4% |
| 2004 | 5.5% | -23.1% |
| 2005 | 4.3% | -22.0% |
| 2006 | 5.8% | +34.9% |
| 2007 | 4.6% | -21.1% |
| 2008 | 2.9% | -36.3% |
| 2009 | 2.8% | -4.6% |
| 2010 | 3.8% | +35.7% |
| 2011 | 5.9% | +55.0% |
| 2012 | 7.1% | +22.0% |
| 2013 | 10.6% | +49.1% |
| 2014 | 11.8% | +11.0% |
| 2015 | 18.2% | +53.7% |
| 2016 | 20.6% | +13.5% |
| 2017 | 22.0% | +6.7% |
| 2018 | 21.2% | -3.8% |
| 2019 | 28.7% | +35.8% |
| 2020 | 26.0% | -9.4% |
| 2021 | 21.2% | -18.7% |
| 2022 | 18.1% | -14.2% |
| 2023 | 14.3% | -21.5% |
Ethiopia compared with similar countries
- Ethiopia's 14.3% is above the median for low income countries, which is 9.7%, 1.5× the median. (20 countries reporting)
- Ethiopia's 14.3% is above the median for Sub-Saharan Africa, which is 9.0%, 1.6× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.3% | 2.8% | 18.4% | 10 |
| 2010s | 15.0% | 3.8% | 28.7% | 10 |
| 2020s | 19.9% | 14.3% | 26.0% | 4 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.25 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0269 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 86.59 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.0253 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 28.66 includes gold, current US$ per person (2024)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Ethiopia?
- Debt service as a proportion of exports of goods, services and in Ethiopia was 14.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Ethiopia?
- The highest recorded value was 28.7% in 2019.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Ethiopia?
- The lowest recorded value was 2.8% in 2009.
- How does Ethiopia rank for debt service as a proportion of exports of goods, services and?
- Ethiopia ranks 22nd out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Ethiopia?
- Over the last ten years it is up 33.9%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
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