Ethiopia Government Debt to GDP

Ethiopia recorded a government debt equivalent to 60 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Ethiopia averaged 34.57 percent from 1991 until 2018, reaching an all time high of 60 percent in 2018 and a record low of 24.70 percent in 1997.

Government Debt to GDP in Ethiopia is expected to be 37.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Government Debt to GDP is projected to trend around 38.70 percent in 2020, according to our econometric models.

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Ethiopia Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	35.60	34.90	41.80	24.70	percent	[+]
Government Budget	-3.30	-1.90	6.60	-8.90	percent of GDP	[+]
Military Expenditure	503.00	503.00	1548.00	171.00	USD Million	[+]
Credit Rating	31.25					[+]

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Ethiopia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	35.60	34.90	41.80	24.70	1991 - 2017	percent	Yearly

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Country	Last		Previous	Range
Japan	238.20	Dec/18	238	238 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.30	Dec/18	68.9	83.23 : 47.94	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%