Foreign debt reached 26,562 USD bil in 2017 in Ethiopia, according to the National Statistical Office. This is 11.6 % more 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 819 USD bil, 26,424 USD bil in Kenya, 2,958 USD bil in Somalia and 21,754 USD bil in Sudan in 2017.
Ethiopia has been ranked 34th within the group of 111 countries we follow in terms of foreign debt, 39 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.