Ethiopia recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2019. source: Ministry of Finance and Economic Development

Government Budget in Ethiopia averaged -3.24 percent of GDP from 1990 until 2019, reaching an all time high of 6.60 percent of GDP in 2003 and a record low of -8.90 percent of GDP in 2000. This page provides - Ethiopia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Government Budget - values, historical data and charts - was last updated on May of 2021.

Government Budget in Ethiopia is expected to reach -3.70 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Government Budget is projected to trend around -3.40 percent of GDP in 2022 and -3.20 percent of GDP in 2023, according to our econometric models.

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Ethiopia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.50 -2.50 6.60 -8.90 1990 - 2020 percent of GDP Yearly

Ethiopia Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.00 57.00 60.00 24.70 percent [+]
Government Budget -2.50 -2.50 6.60 -8.90 percent of GDP [+]
Military Expenditure 504.00 512.00 1544.00 170.00 USD Million [+]
Credit Rating 25.00 [+]


Ethiopia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.