Credit to the private sector — all countries

Credit to the private sector — Ethiopia

Credit to the private sector in Ethiopia in 2008 — 17.71%. Ranked 122 in the world out of 163. Since 1960, the indicator has risen by 17.17 pp.

2008 17.71% −0.81 pp vs 2007
World rank 122of 163
Period maximum 20.45%2006
Period minimum 0.45%1962

Trend over time

1960–2008 · % of GDP

Credit to the private sector — Ethiopia, 1960–20080102030196019651970197519801985199019952000200520081960: 0.54%1961: 0.47%1962: 0.45%1963: 2.81%1964: 3.18%1965: 3.15%1966: 3.57%1967: 3.57%1968: 3.96%1969: 4.31%1970: 5.08%1971: 5.21%1972: 5.49%1973: 5.53%1974: 5.76%1975: 4.9%1976: 4.56%1977: 4.86%1978: 5.88%1979: 3.02%1980: 1.99%1981: 2.37%1982: 2.36%1983: 2.13%1984: 2.1%1985: 1.86%1986: 1.8%1987: 2.31%1988: 1.67%1989: 1.6%1990: 1.58%1991: 1.44%1992: 2.07%1993: 3.49%1994: 4.84%1995: 7.54%1996: 11.65%1997: 14%1998: 15.76%1999: 18.92%2000: 17.62%2001: 17.78%2002: 17.98%2003: 17.5%2004: 16.53%2005: 18.87%2006: 20.45%2007: 18.53%2008: 17.71%
Change over the period: +17.17 pp Annual average: 0.36 pp

Comparison, 2008

How the value compares with the world and the groups this territory belongs to: Ethiopia

Ethiopia 17.71%
World 119.89%
Eastern Africa computed 21.28%
Low-income countries computed 11.03%
Credit to the private sector — Ethiopia, by year Ethiopia All countries CSV XLSX
Year % Change, pp
2008 17.71 −0.81 pp
2007 18.53 −1.92 pp
2006 20.45 +1.58 pp
2005 18.87 +2.34 pp
2004 16.53 −0.97 pp
2003 17.5 −0.48 pp
2002 17.98 +0.2 pp
2001 17.78 +0.15 pp
2000 17.62 −1.3 pp
1999 18.92 +3.16 pp
1998 15.76 +1.77 pp
1997 14 +2.35 pp
1996 11.65 +4.1 pp
1995 7.54 +2.7 pp
1994 4.84 +1.35 pp
1993 3.49 +1.42 pp
1992 2.07 +0.63 pp
1991 1.44 −0.14 pp
1990 1.58 −0.02 pp
1989 1.6 −0.07 pp
1988 1.67 −0.64 pp
1987 2.31 +0.51 pp
1986 1.8 −0.06 pp
1985 1.86 −0.24 pp
1984 2.1 −0.02 pp
1983 2.13 −0.24 pp
1982 2.36 −0.01 pp
1981 2.37 +0.38 pp
1980 1.99 −1.03 pp
1979 3.02 −2.86 pp
1978 5.88 +1.02 pp
1977 4.86 +0.3 pp
1976 4.56 −0.34 pp
1975 4.9 −0.86 pp
1974 5.76 +0.23 pp
1973 5.53 +0.05 pp
1972 5.49 +0.28 pp
1971 5.21 +0.13 pp
1970 5.08 +0.77 pp
1969 4.31 +0.34 pp
1968 3.96 +0.39 pp
1967 3.57 +0 pp
1966 3.57 +0.41 pp
1965 3.15 −0.02 pp
1964 3.18 +0.37 pp
1963 2.81 +2.35 pp
1962 0.45 −0.01 pp
1961 0.47 −0.08 pp
1960 0.54

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.