Ethiopia recorded a Government Budget deficit equal to 3.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Ethiopia averaged -3.27 percent of GDP from 1990 until 2018, reaching an all time high of 6.60 percent of GDP in 2003 and a record low of -8.90 percent of GDP in 2000.

Government Budget in Ethiopia is expected to be -3.40 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Government Budget is projected to trend around -3.10 percent of GDP in 2020, according to our econometric models.

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Ethiopia Government Budget


Actual Previous Highest Lowest Dates Unit Frequency
-3.70 -3.30 6.60 -8.90 1990 - 2018 percent of GDP Yearly
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Ethiopia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Government Budget - actual data, historical chart and calendar of releases - was last updated on January of 2020.


Ethiopia Government Last Previous Highest Lowest Unit
Government Debt to GDP 60.00 35.60 60.00 24.70 percent [+]
Government Budget -3.70 -3.30 6.60 -8.90 percent of GDP [+]
Military Expenditure 503.00 503.00 1548.00 171.00 USD Million [+]
Credit Rating 31.00 [+]