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 65.00 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 68.00 percent in 2020, according to our econometric models.

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Ethiopia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
60.00 35.60 60.00 24.70 1991 - 2018 percent Yearly

Ethiopia Government Debt to GDP
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.

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 [+]