Central government debt, total in Ethiopia
Ethiopia: Central government debt, total was 31.4% in 2019. ▼ Falling
Central government debt, total in Ethiopia, 1990–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2019, central government debt, total in Ethiopia stood at 31.4%.
That represents a change of down 3.3% on the previous year and up 193.0% over ten years.
Over the whole period, central government debt, total in Ethiopia peaked at 90.3% in 1994 and was at its lowest, 10.7%, in 2013.
Ethiopia ranks 68th of 83 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Central government debt, total in Ethiopia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 47.2% | — |
| 1991 | 49.6% | +5.2% |
| 1992 | 43.3% | -12.8% |
| 1993 | 71.5% | +65.1% |
| 1994 | 90.3% | +26.2% |
| 1995 | 80.6% | -10.7% |
| 1996 | 70.4% | -12.7% |
| 1997 | 67.7% | -3.8% |
| 1998 | 76.1% | +12.3% |
| 1999 | 83.5% | +9.7% |
| 2013 | 10.7% | -87.1% |
| 2014 | 26.9% | +151.0% |
| 2015 | 27.9% | +3.7% |
| 2016 | 29.0% | +3.8% |
| 2017 | 30.1% | +3.8% |
| 2018 | 32.5% | +8.1% |
| 2019 | 31.4% | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 68.0% | 43.3% | 90.3% | 10 |
| 2010s | 27.0% | 10.7% | 32.5% | 7 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Final consumption expenditure (constant 2015 US$), per capita 703.5 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate -15.16 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 997.02 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 28.77 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 127.69 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 119,101 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 5.71 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 1.08 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 1,011 constant 2015 US$ per person (2025)
Frequently asked questions
- What is central government debt, total in Ethiopia?
- Central government debt, total in Ethiopia was 31.4% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Ethiopia?
- The highest recorded value was 90.3% in 1994.
- What is the lowest central government debt, total recorded in Ethiopia?
- The lowest recorded value was 10.7% in 2013.
- How does Ethiopia rank for central government debt, total?
- Ethiopia ranks 68th out of 83 countries with data for 2019.
- Is central government debt, total rising or falling in Ethiopia?
- Over the last ten years it is up 193.0%. The long-run trend across the full record is falling.
- Where does this Ethiopia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.