Interest payments in Ethiopia
Ethiopia: Interest payments was 69.58 billion current LCU in 2024. ◆ Volatile
Interest payments in Ethiopia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Ethiopia recorded 69.58 billion current LCU for interest payments in 2024. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 44.3% on the previous year and up 1,727.9% over ten years.
Over the whole period, interest payments in Ethiopia peaked at 69.58 billion current LCU in 2024 and was at its lowest, 227.70 million current LCU, in 1990.
Ethiopia ranks 59th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 689.80 million current LCU | 227.70 million current LCU | 1.00 billion current LCU | 10 |
| 2000s | 1.46 billion current LCU | 996.40 million current LCU | 2.43 billion current LCU | 9 |
| 2010s | 5.88 billion current LCU | 1.58 billion current LCU | 13.42 billion current LCU | 10 |
| 2020s | 40.68 billion current LCU | 13.53 billion current LCU | 69.58 billion current LCU | 5 |
Countries ranked near Ethiopia
More public sector data for Ethiopia
- Arms imports 48.00 million SIPRI trend indicator values (2024)
- Tax revenue 3.4% (2024)
- Taxes on income, profits and capital gains 21.5% (2024)
- Taxes on goods and services 32.1% (2024)
- Net investment in nonfinancial assets 1.5% (2024)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 12.6% (2024)
- Grants and other revenue 27.4% (2024)
- Interest payments 9.0% (2023)
- Other taxes 0.6% (2024)
Frequently asked questions
- What is interest payments in Ethiopia?
- Interest payments in Ethiopia was 69.58 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Ethiopia?
- The highest recorded value was 69.58 billion current LCU in 2024.
- What is the lowest interest payments recorded in Ethiopia?
- The lowest recorded value was 227.70 million current LCU in 1990.
- How does Ethiopia rank for interest payments?
- Ethiopia ranks 59th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Ethiopia?
- Over the last ten years it is up 1,727.9%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.