Foreign Debt (USD) rose 11.6% to USD 26,562 bil in Ethiopia in 2017

Foreign Debt (USD) (USD bil)
Economy | Ethiopia | May 17, 2019
$2.99
Excel Sheet

Foreign debt reached 23,794 USD bil in 2016 in Ethiopia, according to the National Statistical Office. This is 10.4 % less than in the previous year.

Historically, foreign debt in Ethiopia reached an all time high of 26,562 USD bil in 2017 and an all time low of 169 USD bil in 1970. When compared to Ethiopia's main peers, foreign debt in Eritrea amounted to 796 USD bil, 22,326 USD bil in Kenya, 2,865 USD bil in Somalia and 21,120 USD bil in Sudan in 2016.

Ethiopia has been ranked 35th within the group of 111 countries we follow in terms of foreign debt, 40 places above the position seen 10 years ago.

Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.

Foreign Debt (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Chad USD bil 2,346 2,361 2,925 3,752 2,973
Djibouti USD bil 779 812 828 950 1,233
Egypt USD bil 35,176 40,029 46,503 41,743 48,340
Eritrea USD bil 1,055 994 945 908 873
Ethiopia USD bil 8,606 10,464 12,584 16,945 21,021
Kenya USD bil 10,163 11,894 13,836 16,969 19,764
Somalia USD bil 3,067 3,069 3,070 2,960 2,894
South Sudan USD bil ... ... ... ... ... ... ... ... ...
Sudan USD bil 21,181 21,825 22,502 21,785 21,429
Tanzania USD bil 10,011 11,585 13,139 14,331 15,451
Uganda USD bil 3,267 3,780 8,563 8,655 9,574
Yemen USD bil 6,429 7,748 7,611 7,844 7,295