Ethiopia vs Sweden

Ethiopia vs Sweden: Government debt

Government debt: 33.5% of GDP in Ethiopia in 2024 and 34.6% of GDP in Sweden in 2025, by IMF estimates. In 2024 the value was higher in Sweden, by 0.4 percentage points, or 1.01 times that in Ethiopia.

% of GDP · IMF

Ethiopia vs Sweden: Government debtGovernment debt: 33.5% of GDP in Ethiopia in 2024 and 34.6% of GDP in Sweden in 2025, by IMF estimates. In 2024 the value was higher in Sweden, by 0.4 percentage points, or 1.01 times that in Ethiopia.
EthiopiaSwedenIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Sweden has been higher since 2024, when it overtook Ethiopia.
  • The IMF projection (World Economic Outlook, October 2026) puts Ethiopia at 27.5% of GDP and Sweden at 30.7% of GDP in 2031.

Every year

% of GDP · IMF

YearEthiopiaSweden
202543.334.6
202433.533.9
202338.732.2
20224734.4
202153.837.2
202053.340.5
201954.736
201858.540.2
201755.341.9
201651.843.2
201550.744.8
201444.246.1
201344.141.2
201239.438.1
201144.637.8
201039.438.7
20093041.3
200856.138
200755.739.3
200679.643.9
200578.249
2004103.148.7
2003103.749.5
2002107.449.9
200197.352
200093.650.4
199997.860.3
199889.365.4
199780.367.7
1996132.868.9
1995146.668.7
1994155.268.6
199314166.1
199287.9–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearEthiopiaSweden
202640.735.1
20273735.5
202834.234.8
202931.833.6
203029.732.3
203127.530.7

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.
  • 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 Sweden

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