Ethiopia's use of IMF credit (DOD, current US$) was US$2.25 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 397.32% from US$451.69 million in 2014 (17.4% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$2.25 billion | 2024 |
| Five years earlier | US$318.29 million | 2019 |
| Ten years earlier | US$451.69 million | 2014 |
| Highest | US$2.25 billion | 2024 |
| Lowest | US$0 | 1970 |
| Average since 2015 | US$850.88 million | 2015–2024 |
| First recorded | US$0 |
What the numbers say
In 2024, Ethiopia's use of IMF credit (DOD, current US$) rose US$1.09 billion on 2023 (from US$1.16 billion to US$2.25 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +US$37.09 million and a typical year strayed about US$153.76 million from that (the standard deviation). This year's change was 6.8 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$1.09 billion in 2024 and the biggest yearly fall was US$159.34 million in 2006. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$188.06 million a year. A straight line explains 76% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Ethiopia had the 33rd highest value of the 118 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Ethiopia | US$2.25 billion | 2024 |
| Low income | US$24.56 billion | 2024 |
Closest to Ethiopia in the 2024 ranking
What this measures
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | Use of IMF credit (DOD, current US$) |
|---|---|
| 2024 | 2,246,343,207 |
| 2023 | 1,161,232,458 |
| 2022 | 1,251,908,763 |
| 2021 | 1,316,581,128 |
| 2020 | 939,747,809 |
| 2019 | 318,290,496 |
| 2018 | 242,077,008 |
| 2017 | 301,195,846 |
| 2016 | 334,644,505 |
| 2015 | 396,826,123 |
| 2014 |
Use of IMF credit (DOD, current US$) in nearby economies
- Angola — US$5.06 billion (2024)
- Benin — US$1.18 billion (2024)
- Botswana — US$321.39 million (2024)
- Burkina Faso — US$656.22 million (2024)
- Burundi — US$420 million (2024)
- Cabo Verde — US$126.33 million (2024)
- Cameroon — US$2.03 billion (2024)
- Central African Republic — US$480.66 million (2024)
- Chad — US$875.13 million (2024)
- Comoros — US$61.6 million (2024)
- Congo, Dem. Rep.
More economic policy & debt data for Ethiopia
- GDP (current US$) — US$126.36 billion (2025)
- GDP (current LCU) — 15.09 trillion (2025)
- GDP per capita (current US$) — US$932.73 (2025)
- GDP per capita (current LCU) — 111,421 (2025)
- GNI (current US$) — US$126.14 billion (2025)
- GNI (current LCU) — 15.07 trillion (2025)
- GNI per capita (current LCU) — 111,231 (2025)
- Total reserves, including gold (current US$) — US$3.78 billion (2024)
- Total reserves, excluding gold (current US$) — US$3.78 billion (2024)
- GDP (constant 2015 US$) — US$128.07 billion (2025)
- GDP (constant LCU)
Reading data like this
Questions people ask
- What is Ethiopia's use of IMF credit (DOD, current US$)?
- US$2.25 billion in 2024, according to the World Bank (World Development Indicators).
- How does Ethiopia rank?
- 33rd highest of 118 economies with data for 2024.
- Is the latest change in use of IMF credit (DOD, current US$) unusual for Ethiopia?
- In 2024, Ethiopia's use of IMF credit (DOD, current US$) rose US$1.09 billion on 2023 (from US$1.16 billion to US$2.25 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$37.09 million and a typical year strayed about US$153.76 million from that (the standard deviation). This year's change was 6.8 standard deviations above that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB).
Source
World Bank, World Development Indicators, indicator DT.DOD.DIMF.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in