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Foreign Debt (USD) rose 8.66% to USD 33,290 bil in Ethiopia in 2023

Foreign Debt (USD) (USD bil), 2023
Economy | Ethiopia | September 1, 2025
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Foreign debt rose 8.66% to USD 33,290 bil in Ethiopia in 2023, according to the National Statistical Office.

Historically, foreign debt in Ethiopia reached an all time high of USD 33,290 bil in 2023 and an all time low of USD 169 bil in 1970. When compared to Ethiopia's main peers, foreign debt in Eritrea amounted to USD 726 bil, USD 42,910 bil in Kenya, USD 3,023 bil in Somalia and USD 22,581 bil in Sudan in 2023.

Ethiopia has been ranked 39th within the group of 110 countries we follow in terms of foreign debt, 11 places above the position seen 10 years ago.

Foreign Debt (USD) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Chad USD bil 3,134 3,181 3,216 3,487 3,586
Djibouti USD bil 2,267 2,321 2,553 2,900 3,207
Egypt USD bil 84,587 99,457 114,910 132,539 145,998
Eritrea USD bil 826 797 779 799 772
Ethiopia USD bil 26,171 29,843 30,377 32,364 32,000
Kenya USD bil 26,951 31,434 34,970 38,038 41,219
Somalia USD bil 2,839 5,313 5,374 4,592 4,143
South Sudan USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Sudan USD bil 21,970 21,805 22,844 23,811 22,976
Tanzania USD bil 21,437 22,372 24,184 25,566 28,526
Uganda USD bil 11,680 12,329 13,993 17,236 19,974
Yemen USD bil 7,193 7,037 7,055 7,121 7,602

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