Ethiopia recorded a government debt equivalent to 57 percent of the country's Gross Domestic Product in 2019. source: National Bank of Ethiopia

Government Debt to GDP in Ethiopia averaged 35.34 percent from 1991 until 2019, reaching an all time high of 60 percent in 2018 and a record low of 24.70 percent in 1997. This page provides - Ethiopia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Government Debt to GDP - values, historical data and charts - was last updated on May of 2021.

Government Debt to GDP in Ethiopia is expected to reach 63.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Government Debt to GDP is projected to trend around 61.00 percent in 2022 and 58.00 percent in 2023, according to our econometric models.

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Ethiopia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
59.00 57.00 60.00 24.70 1991 - 2020 percent 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 Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.