Ethiopia recorded a government debt equivalent to 57 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Ethiopia averaged 35.34 percent from 1991 until 2019, reaching an all time high of 60 percent in 2018 and a record low of 24.70 percent in 1997. This page provides - Ethiopia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ethiopia Government Debt to GDP - values, historical data and charts - was last updated on June of 2020.

Government Debt to GDP in Ethiopia is expected to reach 80.00 percent by the end of 2020, 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 84.00 percent in 2021 and 67.00 percent in 2022, according to our econometric models.

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Ethiopia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
57.00 60.00 60.00 24.70 1991 - 2019 percent Yearly

Ethiopia Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.00 60.00 60.00 24.70 percent [+]
Government Budget -2.50 -3.70 6.60 -8.90 percent of GDP [+]
Military Expenditure 503.00 503.00 1548.00 171.00 USD Million [+]
Credit Rating 31.00 [+]


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.