Ethiopia: Nonbank financial institutions assets to GDP

The latest value from 2006 is 3.47 percent, a decline from 4.27 percent in 2005. In comparison, the world average is 17.04 percent, based on data from 42 countries. Historically, the average for Ethiopia from 1965 to 2006 is 4.99 percent. The minimum value, 0.87 percent, was reached in 1965 while the maximum of 12.36 percent was recorded in 1990. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: ...Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the IMF’s International Financial Statistics.