External debt as a share of gni in Ethiopia
Ethiopia: External debt as a share of gni was 20.39 in 2023. ◆ Volatile
Latest (2023)
20.39
Change on year
down 16.0%
World rank
106th
of 118 countries
All-time high
85.09
in 2003
All-time low
10.51
in 2008
Years of data
24
2000–2023
External debt as a share of gni in Ethiopia, 2000–2023
Source: Our World in Data.
Analysis
In 2023, external debt as a share of gni in Ethiopia stood at 20.39.
Compared with earlier readings it is down 16.0% on the previous year and down 23.0% over ten years.
Over the whole period, external debt as a share of gni in Ethiopia peaked at 85.09 in 2003 and was at its lowest, 10.51, in 2008.
Ethiopia ranks 106th of 118 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt as a share of gni in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 67.42 | — |
| 2001 | 70.24 | +4.2% |
| 2002 | 84.04 | +19.6% |
| 2003 | 85.09 | +1.2% |
| 2004 | 65.24 | -23.3% |
| 2005 | 49.94 | -23.5% |
| 2006 | 14.57 | -70.8% |
| 2007 | 13.15 | -9.7% |
| 2008 | 10.51 | -20.1% |
| 2009 | 16.55 | +57.5% |
| 2010 | 24.43 | +47.6% |
| 2011 | 27 | +10.5% |
| 2012 | 24.22 | -10.3% |
| 2013 | 26.47 | +9.3% |
| 2014 | 30.56 | +15.5% |
| 2015 | 31.78 | +4.0% |
| 2016 | 31.59 | -0.6% |
| 2017 | 32.2 | +1.9% |
| 2018 | 35.57 | +10.5% |
| 2019 | 31.87 | -10.4% |
| 2020 | 30.23 | -5.1% |
| 2021 | 28.91 | -4.4% |
| 2022 | 24.28 | -16.0% |
| 2023 | 20.39 | -16.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.67 | 10.51 | 85.09 | 10 |
| 2010s | 29.57 | 24.22 | 35.57 | 10 |
| 2020s | 25.95 | 20.39 | 30.23 | 4 |
Countries ranked near Ethiopia
- 103 Syrian Arab Republic 21.31 compare
- 104 Azerbaijan 20.98 compare
- 105 Sudan 20.85 compare
- 107 Afghanistan 19.8 compare
- 108 Myanmar 18.57 compare
- 109 India 18.4 compare
More economy & growth data for Ethiopia
- GDP (constant 2015 US$), annual growth rate 9.77 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.01 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 945.36 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 9.77 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 23.39 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 21,812 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -21.69 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1323 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 123.38 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 18.87 % change on previous year (2025)
Frequently asked questions
- What is external debt as a share of gni in Ethiopia?
- External debt as a share of gni in Ethiopia was 20.39 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in Ethiopia?
- The highest recorded value was 85.09 in 2003.
- What is the lowest external debt as a share of gni recorded in Ethiopia?
- The lowest recorded value was 10.51 in 2008.
- How does Ethiopia rank for external debt as a share of gni?
- Ethiopia ranks 106th out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in Ethiopia?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).