Argentina vs Ethiopia

Argentina vs Ethiopia: Government debt

Government debt: 80.1% of GDP in Argentina in 2025 and 33.5% of GDP in Ethiopia in 2024, by IMF estimates. In 2024 the value was higher in Argentina, by 51.1 percentage points, or 2.53 times that in Ethiopia.

% of GDP · IMF

Argentina vs Ethiopia: Government debtGovernment debt: 80.1% of GDP in Argentina in 2025 and 33.5% of GDP in Ethiopia in 2024, by IMF estimates. In 2024 the value was higher in Argentina, by 51.1 percentage points, or 2.53 times that in Ethiopia.
ArgentinaEthiopiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Argentina has been higher since 2014, when it overtook Ethiopia.
  • The IMF projection (World Economic Outlook, October 2026) puts Argentina at 53.9% of GDP and Ethiopia at 27.5% of GDP in 2031.

Every year

% of GDP · IMF

YearArgentinaEthiopia
202580.143.3
202484.633.5
2023153.438.7
202284.347
20218153.8
2020103.853.3
201989.854.7
201885.358.5
20175755.3
201653.151.8
201552.650.7
201444.744.2
201343.544.1
201240.439.4
201138.944.6
201043.539.4
200955.430
200853.856.1
200762.155.7
200670.879.6
200580.378.2
2004117.9103.1
2003125.2103.7
2002147.2107.4
20014897.3
200040.893.6
199938.997.8
199834.289.3
199731.780.3
199632.6132.8
199530.8146.6
199428.4155.2
199326.9141
19922587.9
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearArgentinaEthiopia
202669.440.7
202770.437
202865.634.2
202960.331.8
203056.729.7
203153.927.5

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Argentina vs Ethiopia

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