Bank assets as a share of GDP reached 41.7 % in 2015 in Ethiopia, according to the National Central Bank. This is 6.15 % less than in the previous year.
Historically, bank assets as a share of GDP in Ethiopia reached an all time high of 54.1 % in 2010 and an all time low of 6.04 % in 1967. When compared to Ethiopia's main peers, bank assets as a share of GDP in Kenya amounted to 60.8 % and 22.4 % in Sudan in 2015.
Ethiopia has been ranked 123rd within the group of 147 countries we follow in terms of bank assets as a share of GDP, 13 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.