External debt — all countries

External debt — Ethiopia

External debt in Ethiopia in 2024 — 36,548,259,483 US$. Ranked 83 in the world out of 118. Since 1970, the indicator has risen by 21,489%.

2024 36.55B US$ +9.84% vs 2023
World rank 83of 118
Period maximum 36.55B US$2024
Period minimum 169M US$1970

Trend over time

1970–2024 · US$

External debt — Ethiopia, 1970–2024010B20B30B40B19701976198219881994200020062012201820241970: 169,291,508 US$1971: 204,419,406 US$1972: 226,992,442 US$1973: 256,405,146 US$1974: 283,128,082 US$1975: 343,674,713 US$1976: 402,645,523 US$1977: 500,727,417 US$1978: 567,285,829 US$1979: 740,065,952 US$1980: 823,661,625 US$1981: 1,841,818,082 US$1982: 3,279,545,191 US$1983: 3,845,189,805 US$1984: 4,222,435,579 US$1985: 5,212,468,613 US$1986: 6,144,432,381 US$1987: 7,377,385,232 US$1988: 7,717,008,721 US$1989: 7,855,586,230 US$1990: 8,645,231,101 US$1991: 9,133,608,406 US$1992: 9,355,564,836 US$1993: 9,717,488,584 US$1994: 10,079,654,018 US$1995: 10,324,075,338 US$1996: 10,091,749,360 US$1997: 10,090,618,085 US$1998: 10,360,532,218 US$1999: 5,572,314,681 US$2000: 5,516,263,792 US$2001: 5,745,843,979 US$2002: 6,552,441,033 US$2003: 7,281,813,432 US$2004: 6,568,177,207 US$2005: 6,175,805,430 US$2006: 2,220,991,209 US$2007: 2,592,599,173 US$2008: 2,847,636,291 US$2009: 5,361,419,434 US$2010: 7,287,411,659 US$2011: 8,607,523,905 US$2012: 10,465,118,050 US$2013: 12,585,463,066 US$2014: 16,946,037,499 US$2015: 20,443,875,424 US$2016: 23,396,722,284 US$2017: 26,170,602,395 US$2018: 29,842,524,864 US$2019: 30,377,335,498 US$2020: 32,364,057,104 US$2021: 32,000,197,807 US$2022: 30,620,768,252 US$2023: 33,273,672,182 US$2024: 36,548,259,483 US$
Change over the period: +36.38B (+21,488.95%) Average annual rate: 10.47 %

Comparison, 2024

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

Ethiopia 36.55B US$
Sub-Saharan Africa computed 903B US$
Eastern Africa computed 300B US$
Low-income countries computed 243B US$
External debt — Ethiopia, by year Ethiopia All countries CSV XLSX
Year US$ Change Change, %
2024 36.55B +3.27B +9.84%
2023 33.27B +2.65B +8.66%
2022 30.62B −1.38B −4.31%
2021 32B −364M −1.12%
2020 32.36B +1.99B +6.54%
2019 30.38B +535M +1.79%
2018 29.84B +3.67B +14.03%
2017 26.17B +2.77B +11.86%
2016 23.4B +2.95B +14.44%
2015 20.44B +3.5B +20.64%
2014 16.95B +4.36B +34.65%
2013 12.59B +2.12B +20.26%
2012 10.47B +1.86B +21.58%
2011 8.61B +1.32B +18.11%
2010 7.29B +1.93B +35.92%
2009 5.36B +2.51B +88.28%
2008 2.85B +255M +9.84%
2007 2.59B +372M +16.73%
2006 2.22B −3.95B −64.04%
2005 6.18B −392M −5.97%
2004 6.57B −714M −9.8%
2003 7.28B +729M +11.13%
2002 6.55B +807M +14.04%
2001 5.75B +230M +4.16%
2000 5.52B −56.05M −1.01%
1999 5.57B −4.79B −46.22%
1998 10.36B +270M +2.67%
1997 10.09B −1.13M −0.01%
1996 10.09B −232M −2.25%
1995 10.32B +244M +2.42%
1994 10.08B +362M +3.73%
1993 9.72B +362M +3.87%
1992 9.36B +222M +2.43%
1991 9.13B +488M +5.65%
1990 8.65B +790M +10.05%
1989 7.86B +139M +1.8%
1988 7.72B +340M +4.6%
1987 7.38B +1.23B +20.07%
1986 6.14B +932M +17.88%
1985 5.21B +990M +23.45%
1984 4.22B +377M +9.81%
1983 3.85B +566M +17.25%
1982 3.28B +1.44B +78.06%
1981 1.84B +1.02B +123.61%
1980 824M +83.6M +11.3%
1979 740M +173M +30.46%
1978 567M +66.56M +13.29%
1977 501M +98.08M +24.36%
1976 403M +58.97M +17.16%
1975 344M +60.55M +21.38%
1974 283M +26.72M +10.42%
1973 256M +29.41M +12.96%
1972 227M +22.57M +11.04%
1971 204M +35.13M +20.75%
1970 169M

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.