Ethiopia

Government debt in Ethiopia

Government debt in Ethiopia: 87.9% of GDP in 1992 and 33.5% of GDP in 2024, by IMF estimates.

Latest, 2024
33.5% of GDP
Since 1992
−54.5 percentage points
Projected, 2031
27.5% of GDP
IMF projection (World Economic Outlook, October 2026)

% of GDP · IMF

Government debt in EthiopiaGovernment debt in Ethiopia: 87.9% of GDP in 1992 and 33.5% of GDP in 2024, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 27.5% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 27.5% of GDP in 2031.
  • The highest was 155.2% of GDP in 1994, the lowest 30% of GDP in 2009.

Every year

% of GDP · IMF

YearEthiopia
202433.5
202338.7
202247
202153.8
202053.3
201954.7
201858.5
201755.3
201651.8
201550.7
201444.2
201344.1
201239.4
201144.6
201039.4
200930
200856.1
200755.7
200679.6
200578.2
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
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearEthiopia
202543.3
202640.7
202737
202834.2
202931.8
203029.7
203127.5

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

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