Ethiopia vs Mozambique

Ethiopia vs Mozambique: Government debt

Government debt: 33.5% of GDP in Ethiopia in 2024 and 90.8% of GDP in Mozambique in 2023, by IMF estimates. In 2023 the value was higher in Mozambique, by 52.1 percentage points, or 2.35 times that in Ethiopia.

% of GDP · IMF

Ethiopia vs Mozambique: Government debtGovernment debt: 33.5% of GDP in Ethiopia in 2024 and 90.8% of GDP in Mozambique in 2023, by IMF estimates. In 2023 the value was higher in Mozambique, by 52.1 percentage points, or 2.35 times that in Ethiopia.
EthiopiaMozambiqueIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Mozambique has been higher since 2013, when it overtook Ethiopia.
  • The IMF projection (World Economic Outlook, October 2026) puts Ethiopia at 27.5% of GDP and Mozambique at 98.7% of GDP in 2031.

Every year

% of GDP · IMF

YearEthiopiaMozambique
202433.591.2
202338.790.8
20224797.3
202153.8101.4
202053.3120
201954.798.3
201858.5105.5
201755.3103.8
201651.8124.8
201550.786
201444.263.4
201344.149.5
201239.436.7
201144.634.2
201039.438.6
20093039.3
200856.132.8
200755.731.2
200679.640
200578.260.1
2004103.150.8
2003103.763.2
2002107.463.4
200197.399.8
200093.695.8
199997.894.7
199889.3–
199780.3–
1996132.8–
1995146.6–
1994155.2–
1993141–
199287.9–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearEthiopiaMozambique
202543.390.3
202640.791
20273798.6
202834.2104.8
202931.8109.8
203029.7108.8
203127.598.7

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.

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

Ethiopia vs Mozambique

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment