Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Ethiopia
DDOI09ETA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.90
Year-over-Year Change
-50.02%
Date Range
1/1/2014 - 1/1/2021
Summary
This economic trend measures the amount of loans from non-resident banks to Ethiopia as a percentage of its GDP. It is an important indicator of Ethiopia's external debt and financial integration with the global economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Ethiopia represents the total value of outstanding loans from banks located outside of Ethiopia as a share of the country's Gross Domestic Product. This metric provides insight into Ethiopia's level of foreign borrowing and its reliance on external financing.
Methodology
The data is collected by the World Bank from national and international sources.
Historical Context
This trend is closely watched by policymakers, investors, and analysts to assess Ethiopia's financial stability and creditworthiness.
Key Facts
- Ethiopia's loans from non-resident banks were 4.4% of GDP in 2020.
- This trend has declined from a high of 11.4% in 2010.
- Ethiopia's external debt is primarily concessional, with low interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans from banks located outside of Ethiopia as a percentage of the country's Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Ethiopia's level of foreign borrowing and its reliance on external financing, which is important for assessing the country's financial stability and creditworthiness.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national and international sources.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers, investors, and analysts to assess Ethiopia's financial stability and creditworthiness, which is relevant for economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published with some delay, and may not capture the most recent economic conditions.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Ethiopia (DDOI09ETA156NWDB), retrieved from FRED.