Ethiopia vs Italy

Ethiopia vs Italy: Government debt

Government debt: 33.5% of GDP in Ethiopia in 2024 and 137.1% of GDP in Italy in 2025, by IMF estimates. In 2024 the value was higher in Italy, by 101.2 percentage points, or 4.02 times that in Ethiopia.

% of GDP · IMF

Ethiopia vs Italy: Government debtGovernment debt: 33.5% of GDP in Ethiopia in 2024 and 137.1% of GDP in Italy in 2025, by IMF estimates. In 2024 the value was higher in Italy, by 101.2 percentage points, or 4.02 times that in Ethiopia.
EthiopiaItalyIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Italy has been higher since 2003, when it overtook Ethiopia.
  • The IMF projection (World Economic Outlook, October 2026) puts Ethiopia at 27.5% of GDP and Italy at 135.6% of GDP in 2031.

Every year

% of GDP · IMF

YearEthiopiaItaly
202543.3137.1
202433.5134.7
202338.7133.9
202247138.4
202153.8145.8
202053.3154.4
201954.7133.9
201858.5134.2
201755.3133.7
201651.8134.2
201550.7134.8
201444.2134.8
201344.1131.9
201239.4125.9
201144.6119.1
201039.4118.8
200930116.1
200856.1105.8
200755.7103.5
200679.6106.3
200578.2106.2
2004103.1104.7
2003103.7105.1
2002107.4105.9
200197.3108.5
200093.6108.7
199997.8113.1
199889.3113.9
199780.3116.5
1996132.8118.9
1995146.6119.1
1994155.2130.8
1993141124.1
199287.9113
1991–105.3
1990–101.7
1989–98.4
1988–95.7
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearEthiopiaItaly
202640.7137.9
202737137.6
202834.2137
202931.8136.2
203029.7135.8
203127.5135.6

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

Ethiopia vs Italy

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