Ethiopia vs Tanzania

Ethiopia vs Tanzania: Government debt

Government debt: 33.5% of GDP in Ethiopia in 2024 and 47.8% of GDP in Tanzania in 2023, by IMF estimates. In 2023 the value was higher in Tanzania, by 9.1 percentage points, or 1.23 times that in Ethiopia.

% of GDP · IMF

Ethiopia vs Tanzania: Government debtGovernment debt: 33.5% of GDP in Ethiopia in 2024 and 47.8% of GDP in Tanzania in 2023, by IMF estimates. In 2023 the value was higher in Tanzania, by 9.1 percentage points, or 1.23 times that in Ethiopia.
EthiopiaTanzaniaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Tanzania has been higher since 2023, when it overtook Ethiopia.
  • The IMF projection (World Economic Outlook, October 2026) puts Ethiopia at 27.5% of GDP and Tanzania at 41.4% of GDP in 2031.

Every year

% of GDP · IMF

YearEthiopiaTanzania
202433.550
202338.747.8
20224744.9
202153.843.4
202053.341.3
201954.740.4
201858.542
201755.340.1
201651.839.8
201550.739.5
201444.236.4
201344.132.7
201239.430.1
201144.628.4
201039.427.6
20093023.9
200856.121.6
200755.723.8
200679.634.5
200578.246.1
2004103.144.5
2003103.744.4
2002107.447.4
200197.350.8
200093.6–
199997.8–
199889.3–
199780.3–
1996132.8–
1995146.6–
1994155.2–
1993141–
199287.9–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearEthiopiaTanzania
202543.349.8
202640.748.1
20273746.6
202834.245.2
202931.843.9
203029.742.9
203127.541.4

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 Tanzania

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