Foreign debt reached 28,288 USD bil in 2019 in Ethiopia, according to the National Statistical Office. This is 1.78 % more than in the previous year.
Historically, foreign debt in Ethiopia reached an all time high of 28,288 USD bil in 2019 and an all time low of 169 USD bil in 1970. When compared to Ethiopia's main peers, foreign debt in Eritrea amounted to 772 USD bil, 34,217 USD bil in Kenya, 5,616 USD bil in Somalia and 22,264 USD bil in Sudan in 2019.
Ethiopia has been ranked 36th within the group of 110 countries we follow in terms of foreign debt, 24 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.