Ethiopia recorded a Government Debt to GDP of 32 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Ethiopia averaged 34.72 percent of GDP from 1991 until 2024, reaching an all time high of 53.00 percent of GDP in 2021 and a record low of 24.70 percent of GDP in 1997. source: National Bank of Ethiopia
Government Debt to GDP in Ethiopia is expected to reach 40.00 percent of GDP by the end of 2025, 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 38.00 percent of GDP in 2026 and 35.00 percent of GDP in 2027, according to our econometric models.