SUMMARY OF EXTERNAL PUBLIC DEBT

(In Millions of Birr)

1986/87 1987/88 1988/89 1989/90 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 ,2013/14 ,2014/15 ,2015/16 ,2016/17 ,2017/18 ,2018/19 ,2019/20 ,2020/21 ,2021/22
(1979) (1980) (1981) (1982) (1983) (1984) (1985) (1986) (1987) (1988) (1989) (1990) (1991) (1992) (1993) (1994) (1995) (1996) (1997) (1998) (1999) (2000) (2001) (2002) (2003) (2004) (2005) (2006) (2007) (2008) (2009) (2010) (2011) (2012) (2013) (2014)
EXTERNAL DEBT
Disbursed * 5,385.5 6,175.6 6,491.4 7,257.3 7,497.9 6,551.4 18,778.5 25,722.2 27,731.5 27,088.0 26,509.6 27,916.9 31,566.0 44,647.5 46,268.8 52,994.3 58,281.5 63,077.6 51,193.0 52,073.2 20,354.9 25,579.0 45,351.8 72,617.8 125,841.3 153,361.2 204,193.8 268,378.0 382,564.9 449,037.6 539,568.8 703,675.6 782,920.4 1,010,633.1 1,289,010.6 1,451,354.7
Undisbursed 4137.4 4200.9 4,405.5 4,076.5 n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a n.a
DRAWINGS (gross) 739.2 1061.2 969.4 974.9 926.7 566.4 1282.8 2378.8 1568.31 1611.32 1205.54 993.94 1730.92 1432.41 2,664.8 5,036.2 3,922.2 4,401.3 4,932.2 2,828.1 2,528.9 3,487.4 8,141.8 14,413.7 33,527.6 28,475.3 49,247.2 60,151.4 119,075.7 73,812.2 66,379.3 92,796.0 79,206.1 106,681.7 55,046.7 53,729.7
REPAYMENTS (1) -350.3 -414.1 -430.9 -653.6 -625.0 -649.8 -768.8 -1417.8 -1259.4 -1189.3 -2319.1 -354.4 -912.2 -1748.2 -1163.6 -750.8 -924.5 -1054.0 -1125.9 -446.2 -155.4 -432.2 -231.4 -883.0 -2904.9 -5332.2 -7806.3 -9673.6 -13,967.5 -16,306.7 -19,479.7 -30,619.4 -40,207.1 -44,604.7 -56,162.5 -81,017.3
DEBT SERVICING (2) 480.1 572.7 609.4 819.2 785.5 837.4 1145.4 1832.5 1,760.0 1,714.0 2,719.4 623.1 1,267.7 2,227.7 1,680.6 1,177.0 1,373.6 1,584.4 1,570.0 981.4 523.8 747.3 510.2 1,298.5 3,898.6 7,109.9 10,321.9 12,718.7 18,974.75 23,872.4 29,345.3 42,480.4 58,195.8 64,036.2 75,688.5 105,225.5
Principal 350.3 414.1 430.9 653.6 625.0 649.8 768.8 1417.8 1,259.4 1,189.3 2,319.1 354.4 912.2 1,748.2 1,163.6 750.8 924.5 1,054.0 1,125.9 446.2 155.4 432.2 231.4 883.0 2,904.9 5,332.2 7,806.3 9,673.6 13,967.5 16,306.7 19,479.7 30,619.4 40,207.1 44,604.7 56,162.5 81,017.3
Interest (3) 129.8 158.6 178.5 165.6 160.5 187.6 376.6 414.7 500.6 524.7 400.2 268.7 355.5 479.5 517.0 426.1 449.1 530.4 444.1 535.2 368.4 315.1 278.7 415.5 993.7 1,777.6 2,515.6 3,045.1 5,007.2 7,565.7 9,865.6 11,861.0 17,988.7 19,431.5 19,526.0 24,208.2
DEBT SERVICE TO EXPORT OF GOODS RATIO 37.2 43.5 39.2 58.9 69.9 82.5 53.0 56.9 44.4 45.6 59.4 8.6 25.1 44.2 30.1 19.4 22.6 20.4 15.4 5.1 1.5 3.2 1.5 3.4 8.8 13.0 18.2 20.2 31.1 39.4 45.0 57.4 77.8 68.4 53.9 52.8
EXTERNAL DEBT TO TO GDP (%)** 37.4 41.3 41.2 43.1 39.1 31.5 70.4 90.8 69.9 61.3 55.1 53.3 55.2 72.9 74.6 87.2 86.9 81.0 53.1 43.4 13.0 11.2 14.6 19.0 24.4 20.5 23.6 25.6 29.5 31.0 31.7 34.1 30.8 31.7 31.3 24.6
EXPORT OF GOODS 2,835.2 2,607.3 3,901.7 4,141.6 3,637.3 3,957.8 3,866.6 3,864.3 4,087.5 5,175.0 7,329.7 8,683.5 10,422.3 13,549.5 15,088.1 25,822.1 44,277.5 54,771.8 56,690.5 62,947.9 61,064.4 60,526.4 65,167.1 74,044.8 74,807.7 93,641.5 140,326.9 199,307.5
GDP (Current Basic Price) 39,671.5 44,214.7 48,124.3 52,388.4 57,187.8 61,273.0 62,030.1 60,760.8 67,080.6 77,880.4 96,391.1 119,934.4 157,170.4 227,703.4 311,042.8 382,938.7 515,078.5 747,326.5 864,673.2 1,047,392.8 1,297,954.7 1,449,397.0 1,704,030.0 2,062,537.0 2,538,152.0 3,183,396.0 4,119,070.0 5,900,198.0
Source: Ministry of Finance and Economic Development
*Excludes State defence Credits and Ruble denominated debt.
(1)-on cash basis; includes repayments of Trust Fund Loans , and repurchases from IMF.
(2)-on accrual basis; includes repayments of Trust Fund Loans, and repurchases from IMF.
(3) - Includes IMF charges and interest.
**Revised based on rebased GDP series
NB: USD to birr coversion is made by using annual average exchange rate.