Ethiopia vs Singapore

Ethiopia vs Singapore: Government debt

Government debt in 2024: 33.5% of GDP in Ethiopia and 165.8% of GDP in Singapore, by IMF estimates. In 2024 the value was higher in Singapore, by 132.3 percentage points, or 4.95 times that in Ethiopia.

% of GDP · IMF

Ethiopia vs Singapore: Government debtGovernment debt in 2024: 33.5% of GDP in Ethiopia and 165.8% of GDP in Singapore, by IMF estimates. In 2024 the value was higher in Singapore, by 132.3 percentage points, or 4.95 times that in Ethiopia.
EthiopiaSingaporeIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Singapore has been higher since 2005, when it overtook Ethiopia.
  • The IMF projection (World Economic Outlook, October 2026) puts Ethiopia at 27.5% of GDP and Singapore at 169.2% of GDP in 2031.

Every year

% of GDP · IMF

YearEthiopiaSingapore
202433.5165.8
202338.7170.4
202247153.3
202153.8139.9
202053.3147.1
201954.7127.7
201858.5109.2
201755.3107.3
201651.8105.9
201550.7102.1
201444.297.8
201344.198.2
201239.4106.7
201144.6103.1
201039.498.7
200930101.7
200856.197.9
200755.787.8
200679.686.5
200578.292.7
2004103.195.7
2003103.799.1
2002107.496.3
200197.394.5
200093.682.3
199997.885.3
199889.384.7
199780.370.8
1996132.871.3
1995146.669.8
1994155.270.7
199314171.2
199287.979
1991–76.4
1990–73.5
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearEthiopiaSingapore
202543.3165.7
202640.7166.4
202737167.1
202834.2167.9
202931.8168.5
203029.7169
203127.5169.2

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 Singapore

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