Total debt service in Ethiopia
Ethiopia: Total debt service was 0.9% in 2024. ◆ Volatile
Total debt service in Ethiopia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in Ethiopia is 0.9%, measured in 2024.
That represents a change of down 21.5% on the previous year and down 33.7% over ten years.
Over the whole period, total debt service in Ethiopia peaked at 4.0% in 1996 and was at its lowest, 0.3%, in 2009.
That places Ethiopia 113th out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Ethiopia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.7% | — |
| 1971 | 0.6% | -9.8% |
| 1972 | 0.6% | -2.8% |
| 1973 | 0.5% | -10.6% |
| 1974 | 0.5% | -15.1% |
| 1975 | 0.6% | +20.3% |
| 1976 | 0.5% | -12.4% |
| 1977 | 0.4% | -8.9% |
| 1978 | 0.5% | +1.4% |
| 1979 | 0.4% | -3.6% |
| 1980 | 0.6% | +46.7% |
| 1981 | 0.8% | +20.9% |
| 1982 | 1.0% | +24.4% |
| 1983 | 1.2% | +27.6% |
| 1984 | 1.6% | +28.1% |
| 1985 | 1.6% | +4.4% |
| 1986 | 2.2% | +36.1% |
| 1987 | 2.3% | +3.8% |
| 1988 | 2.8% | +20.1% |
| 1989 | 2.6% | -6.5% |
| 1990 | 1.9% | -26.9% |
| 1991 | 1.0% | -47.2% |
| 1992 | 1.0% | +2.0% |
| 1993 | 1.1% | +3.5% |
| 1994 | 1.6% | +50.7% |
| 1995 | 2.0% | +24.1% |
| 1996 | 4.0% | +101.3% |
| 1997 | 1.1% | -71.2% |
| 1998 | 1.5% | +30.4% |
| 1999 | 2.0% | +33.2% |
| 2000 | 1.7% | -15.1% |
| 2001 | 2.2% | +32.1% |
| 2002 | 1.1% | -50.8% |
| 2003 | 1.1% | -1.5% |
| 2004 | 1.0% | -11.5% |
| 2005 | 0.7% | -25.5% |
| 2006 | 0.9% | +22.8% |
| 2007 | 0.6% | -27.3% |
| 2008 | 0.4% | -40.1% |
| 2009 | 0.3% | -22.6% |
| 2010 | 0.6% | +103.3% |
| 2011 | 1.1% | +79.4% |
| 2012 | 1.0% | -8.0% |
| 2013 | 1.4% | +38.6% |
| 2014 | 1.4% | -0.5% |
| 2015 | 1.8% | +30.2% |
| 2016 | 1.8% | +1.8% |
| 2017 | 2.0% | +7.6% |
| 2018 | 2.0% | +2.0% |
| 2019 | 2.4% | +21.8% |
| 2020 | 2.1% | -15.3% |
| 2021 | 1.9% | -9.7% |
| 2022 | 1.6% | -11.6% |
| 2023 | 1.2% | -29.5% |
| 2024 | 0.9% | -21.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.4% | 0.7% | 10 |
| 1980s | 1.7% | 0.6% | 2.8% | 10 |
| 1990s | 1.7% | 1.0% | 4.0% | 10 |
| 2000s | 1.0% | 0.3% | 2.2% | 10 |
| 2010s | 1.5% | 0.6% | 2.4% | 10 |
| 2020s | 1.5% | 0.9% | 2.1% | 5 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Manufacturing, value added (current US$), per unit of GDP 0.042 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 39.2 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 5.02 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 4,682 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0578 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 53.92 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is total debt service in Ethiopia?
- Total debt service in Ethiopia was 0.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Ethiopia?
- The highest recorded value was 4.0% in 1996.
- What is the lowest total debt service recorded in Ethiopia?
- The lowest recorded value was 0.3% in 2009.
- How does Ethiopia rank for total debt service?
- Ethiopia ranks 113th out of 122 countries with data for 2024.
- Is total debt service rising or falling in Ethiopia?
- Over the last ten years it is down 33.7%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.