Public debt as a share of GDP fell 7.38% to 37.4% in Ethiopia in 2024, according to the National Statistical Office.
Historically, public debt as a share of GDP in Ethiopia reached an all time high of 155% in 1994 and an all time low of 30.0% in 2009.
Ethiopia has been ranked 132nd within the group of 166 countries we follow in terms of public debt as a share of GDP, 60 places below the position seen 10 years ago.
| Public Debt (As % of GDP) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Chad | % | 56.0% | 44.7% | 38.3% | 34.3% | 31.1% | ||||||||||||||||
| Djibouti | % | 46.0% | 50.1% | 53.5% | 54.3% | 54.9% | ||||||||||||||||
| Egypt | % | 89.2% | 89.2% | 85.6% | 84.6% | 83.7% | ||||||||||||||||
| Eritrea | % | 176% | 165% | 150% | 138% | 126% | ||||||||||||||||
| Ethiopia | % | 53.0% | 46.4% | 40.4% | 37.4% | 35.6% | ||||||||||||||||
| Kenya | % | 67.8% | 69.4% | 67.5% | 64.6% | 60.9% | ||||||||||||||||
| Somalia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| South Sudan | % | ... | ... | ... | ... | 64.7% | 52.3% | 29.7% | 23.2% | 21.2% | ||||||||||||
| Sudan | % | 182% | 190% | 155% | 140% | 124% | ||||||||||||||||
| Tanzania | % | 40.7% | 39.5% | 38.1% | 36.8% | 35.6% | ||||||||||||||||
| Uganda | % | 51.8% | 52.2% | 51.3% | 51.0% | 49.4% | ||||||||||||||||
| Yemen | % | 69.7% | 54.0% | 48.4% | 45.3% | 44.2% |
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