Ethiopia vs Zimbabwe

Ethiopia vs Zimbabwe: Government debt

Government debt: 33.5% of GDP in Ethiopia in 2024 and 38% of GDP in Zimbabwe in 2025, by IMF estimates. In 2024 the value was higher in Zimbabwe, by 36.9 percentage points, or 2.1 times that in Ethiopia.

% of GDP · IMF

Ethiopia vs Zimbabwe: Government debtGovernment debt: 33.5% of GDP in Ethiopia in 2024 and 38% of GDP in Zimbabwe in 2025, by IMF estimates. In 2024 the value was higher in Zimbabwe, by 36.9 percentage points, or 2.1 times that in Ethiopia.
EthiopiaZimbabweIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Zimbabwe has been higher since 2022, when it overtook Ethiopia.
  • The IMF projection (World Economic Outlook, October 2026) puts Ethiopia at 27.5% of GDP and Zimbabwe at 25.7% of GDP in 2031.

Every year

% of GDP · IMF

YearEthiopiaZimbabwe
202543.338
202433.570.4
202338.776.1
20224766.8
202153.839.9
202053.356.8
201954.753.9
201858.533
201755.349
201651.835.1
201550.734.1
201444.229.2
201344.126.4
201239.427.2
201144.630
201039.433.2
20093039.7
200856.141.3
200755.730.2
200679.626.7
200578.222.4
2004103.1–
2003103.7–
2002107.4–
200197.3–
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) · 2026–2031
YearEthiopiaZimbabwe
202640.733.5
20273730.6
202834.230.2
202931.828.2
203029.726.7
203127.525.7

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 Zimbabwe

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