Debt service as a share of exports of good and services in Ethiopia
Ethiopia: Debt service as a share of exports of good and services was 14.2% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Ethiopia, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Ethiopia recorded 14.2% for debt service as a share of exports of good and services in 2023.
That represents a change of down 21.5% on the previous year and up 33.8% over ten years.
Over the whole period, debt service as a share of exports of good and services in Ethiopia peaked at 28.7% in 2019 and was at its lowest, 2.8%, in 2009.
That places Ethiopia 21st out of 116 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 share of exports of good and services in Ethiopia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 13.6% | — |
| 2001 | 18.4% | +34.9% |
| 2002 | 7.9% | -57.0% |
| 2003 | 7.2% | -9.5% |
| 2004 | 5.5% | -23.0% |
| 2005 | 4.3% | -22.0% |
| 2006 | 5.8% | +34.9% |
| 2007 | 4.6% | -21.0% |
| 2008 | 2.9% | -36.2% |
| 2009 | 2.8% | -4.8% |
| 2010 | 3.8% | +36.0% |
| 2011 | 5.8% | +54.8% |
| 2012 | 7.1% | +22.1% |
| 2013 | 10.7% | +49.2% |
| 2014 | 11.8% | +11.0% |
| 2015 | 18.2% | +53.6% |
| 2016 | 20.6% | +13.5% |
| 2017 | 22.0% | +6.7% |
| 2018 | 21.2% | -3.9% |
| 2019 | 28.7% | +35.8% |
| 2020 | 26.0% | -9.4% |
| 2021 | 21.1% | -18.7% |
| 2022 | 18.1% | -14.2% |
| 2023 | 14.2% | -21.5% |
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% | 14.2% | 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 share of exports of good and services in Ethiopia?
- Debt service as a share of exports of good and services in Ethiopia was 14.2% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Ethiopia?
- The highest recorded value was 28.7% in 2019.
- What is the lowest debt service as a share of exports of good and services recorded in Ethiopia?
- The lowest recorded value was 2.8% in 2009.
- How does Ethiopia rank for debt service as a share of exports of good and services?
- Ethiopia ranks 21st out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Ethiopia?
- Over the last ten years it is up 33.8%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).