Global Development Finance 2011: External Debt of Developing Countries

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ETHIOPIA (US$ million, unless otherwise indicated) 1990

1995

2000

2005

2006

2007

2008

2009

External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term

8,645 8,493 8,493 0 6 145 43

10,322 9,788 9,788 0 73 460 437

5,495 5,339 5,339 0 77 79 65

6,208 5,928 5,928 0 160 120 36

2,277 2,201 2,201 0 0 76 36

2,620 2,571 2,571 0 0 49 32

2,879 2,829 2,829 0 0 50 32

5,025 4,812 4,812 0 168 45 32

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

236 8,492 1 580

3,628 9,788 0 170

652 5,339 0 500

508 5,928 0 748

374 2,201 0 1,904

373 2,571 0 992

373 2,829 0 1,065

373 4,812 0 1,445

External debt flows Disbursements Long-term external debt IMF purchases

374 374 0

232 232 0

185 185 0

527 527 0

370 370 0

380 380 0

379 379 0

2,308 2,143 165

Principal repayments Long-term external debt IMF repurchases

177 152 25

92 92 0

85 72 13

40 36 4

89 89 0

88 88 0

72 72 0

62 62 0

Net flows Long-term external debt Short-term external debt

203 222 7

133 140 -8

90 114 -11

478 491 -9

237 281 -44

269 292 -23

309 307 1

2,242 2,081 -5

Interest payments Long-term external debt IMF charges Short-term external debt

59 49 2 8

63 61 0 1

53 52 0 1

54 49 1 3

49 47 0 3

45 44 0 1

40 39 0 1

41 40 0 1

.. 0

14 ..

135 ..

265 0

545 0

222 0

109 0

94 ..

1. Summary external debt data

2. Other non-debt resource inflows Foreign direct investment Portfolio equity

3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 0.5 0.3 0.1 24.2

.. 0.4 0.2 0.1 29.0

.. 0.3 0.3 0.1 75.8

5.6 0.2 0.0 0.0 72.4

14.9 0.1 0.0 0.0 63.6

17.5 0.1 0.0 0.0 58.2

16.9 0.1 0.0 0.0 55.1

8.5 0.0 0.0 0.0 68.7

1.9 32.7 7.9

1.0 36.3 9.3

0.8 38.4 10.0

0.9 32.3 6.3

1.1 34.9 8.9

0.9 39.5 9.6

2.9 27.4 6.9

1.3 31.4 8.7

9.8 14.1 0.4

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

6.4 16.8 3.3

5.2 7.5 2.9

5.1 6.3 2.6

3.9 11.4 2.6

12,016 606 5 1,349 0 -294 55

7,545 836 27 1,533 0 39 815

8,119 1,008 53 1,673 9 13 363

12,269 1,973 174 4,943 21 -1,568 1,043

15,124 2,254 172 5,314 24 -1,786 867

19,196 2,729 358 6,945 18 -828 1,290

25,931 3,552 387 9,653 17 -1,806 871

28,500 3,370 301 9,271 .. .. 1,781

1,427.1 71.9 39.0 1.7 14.8 0.6 0.5

1,234.8 136.8 18.5 4.5 22.8 7.9 6.4

544.9 67.7 13.7 1.4 50.1 6.6 2.6

314.7 50.6 4.7 1.9 75.8 16.8 2.5

101.0 15.1 6.2 3.3 47.5 38.1 2.0

96.0 13.6 4.9 1.9 52.5 49.2 2.2

81.1 11.1 3.1 1.7 55.7 30.2 1.1

149.1 17.6 3.1 0.9 46.0 35.4 2.3

4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)

5. Major economic aggregates Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves

6. Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)

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