Short-term debt in Ethiopia
Ethiopia: Short-term debt was 9.3% in 2024. ◆ Volatile
Latest (2024)
9.3%
Change on year
down 6.7%
World rank
85th
of 111 countries
All-time high
263.5%
in 1990
All-time low
0.0%
in 1974
Years of data
55
1970–2024
Short-term debt in Ethiopia, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
Ethiopia recorded 9.3% for short-term debt in 2024.
Compared with earlier readings it is down 6.7% on the previous year and up 12.3% over ten years.
Over the whole period, short-term debt in Ethiopia peaked at 263.5% in 1990 and was at its lowest, 0.0%, in 1974.
Ethiopia ranks 85th of 111 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Ethiopia, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1970 | 0.5% | — |
| 1971 | 0.6% | +23.9% |
| 1972 | 0.8% | +23.7% |
| 1973 | 0.0% | -98.1% |
| 1974 | 0.0% | -61.4% |
| 1975 | 0.0% | +509.9% |
| 1976 | 0.2% | +374.0% |
| 1977 | 20.5% | +12721.7% |
| 1978 | 24.0% | +17.2% |
| 1979 | 20.3% | -15.7% |
| 1980 | 21.5% | +6.3% |
| 1981 | 15.8% | -26.5% |
| 1982 | 24.5% | +54.5% |
| 1983 | 30.5% | +24.7% |
| 1984 | 62.3% | +104.1% |
| 1985 | 35.7% | -42.6% |
| 1986 | 25.1% | -29.9% |
| 1987 | 43.6% | +73.8% |
| 1988 | 89.1% | +104.4% |
| 1989 | 90.8% | +1.9% |
| 1990 | 263.5% | +190.1% |
| 1991 | 259.1% | -1.7% |
| 1992 | 118.0% | -54.5% |
| 1993 | 73.6% | -37.6% |
| 1994 | 72.2% | -2.0% |
| 1995 | 56.5% | -21.7% |
| 1996 | 59.5% | +5.3% |
| 1997 | 96.1% | +61.6% |
| 1998 | 104.6% | +8.8% |
| 1999 | 16.0% | -84.7% |
| 2000 | 23.7% | +48.0% |
| 2001 | 11.0% | -53.7% |
| 2002 | 5.9% | -46.2% |
| 2003 | 6.7% | +13.9% |
| 2004 | 4.9% | -27.5% |
| 2005 | 12.3% | +152.2% |
| 2006 | 7.3% | -40.8% |
| 2007 | 5.1% | -29.3% |
| 2008 | 6.7% | +29.8% |
| 2009 | 12.9% | +93.1% |
| 2010 | 13.5% | +4.8% |
| 2011 | 6.4% | -52.7% |
| 2012 | 1.6% | -75.4% |
| 2013 | 8.6% | +450.0% |
| 2014 | 8.3% | -4.0% |
| 2015 | 14.3% | +73.2% |
| 2016 | 30.6% | +113.4% |
| 2017 | 20.8% | -32.0% |
| 2018 | 18.8% | -9.7% |
| 2019 | 16.1% | -14.3% |
| 2020 | 13.4% | -16.8% |
| 2021 | 32.3% | +141.2% |
| 2022 | 27.3% | -15.6% |
| 2023 | 10.0% | -63.5% |
| 2024 | 9.3% | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.7% | 0.0% | 24.0% | 10 |
| 1980s | 43.9% | 15.8% | 90.8% | 10 |
| 1990s | 111.9% | 16.0% | 263.5% | 10 |
| 2000s | 9.6% | 4.9% | 23.7% | 10 |
| 2010s | 13.9% | 1.6% | 30.6% | 10 |
| 2020s | 18.4% | 9.3% | 32.3% | 5 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Manufacturing, value added (constant LCU), per capita 1,431 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -7.6 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2776 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 258.96 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 40.25 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 33.17 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 30,935 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 13.01 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2474 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 230.77 constant 2015 US$ per person (2025)
Frequently asked questions
- What is short-term debt in Ethiopia?
- Short-term debt in Ethiopia was 9.3% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Ethiopia?
- The highest recorded value was 263.5% in 1990.
- What is the lowest short-term debt recorded in Ethiopia?
- The lowest recorded value was 0.0% in 1974.
- How does Ethiopia rank for short-term debt?
- Ethiopia ranks 85th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Ethiopia?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.