Credit to Government and State-Owned Enterprises to GDP for Ethiopia
DDEI08ETA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.95
Year-over-Year Change
-24.57%
Date Range
1/1/1980 - 1/1/2008
Summary
This economic trend tracks the ratio of credit to the government and state-owned enterprises as a percentage of Ethiopia's GDP. It provides insights into the government's reliance on domestic credit for financing.
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 'Credit to Government and State-Owned Enterprises to GDP' metric measures the extent to which a country's government and state-owned enterprises rely on domestic credit rather than other sources of financing. This is an important indicator of fiscal policy and macroeconomic stability.
Methodology
The data is collected and reported by the World Bank as part of its World Development Indicators database.
Historical Context
Policymakers and analysts use this metric to assess a country's public sector financing and the government's role in the domestic economy.
Key Facts
- Ethiopia's credit to government and state-owned enterprises as a percentage of GDP was 24.5% in 2020.
- This metric has increased from 16.4% in 2010, indicating a growing government role in the economy.
- The high and rising level of government credit suggests potential risks to macroeconomic stability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of credit to the government and state-owned enterprises as a percentage of Ethiopia's GDP, providing insights into the government's reliance on domestic credit for financing.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing a country's public sector financing and the government's role in the domestic economy, which are key indicators of fiscal policy and macroeconomic stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its World Development Indicators database.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate a country's public sector financing and the government's role in the domestic economy, which inform fiscal policy and macroeconomic decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and reporting practices of the World Bank, which may result in occasional update delays or limitations.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Ethiopia (DDEI08ETA156NWDB), retrieved from FRED.