In 2024, the ratio of national debt to gross domestic product (GDP) of Ethiopia was estimated at approximately 32.30 percent. Between 1992 and 2024, the figure dropped by around 55.64 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 2.75 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.
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In 2024, the ratio of national debt to gross domestic product (GDP) of Ethiopia was estimated at approximately 32.30 percent. Between 1992 and 2024, the figure dropped by around 55.64 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 2.75 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.