Interest payments in Ethiopia
Ethiopia: Interest payments was 9.0% in 2023. ◆ Volatile
Interest payments in Ethiopia, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in Ethiopia is 9.0%, measured in 2023.
That represents a change of down 12.5% on the previous year and up 154.6% over ten years.
Over the whole period, interest payments in Ethiopia peaked at 19.2% in 2006 and was at its lowest, 3.3%, in 2010.
Ethiopia ranks 58th of 152 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.
Interest payments in Ethiopia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 5.6% | — |
| 1991 | 7.2% | +28.9% |
| 1992 | 9.2% | +26.7% |
| 1993 | 13.4% | +46.5% |
| 1994 | 19.2% | +42.9% |
| 1995 | 14.7% | -23.2% |
| 1996 | 15.5% | +5.4% |
| 1997 | 13.5% | -13.1% |
| 1998 | 10.5% | -22.7% |
| 1999 | 9.5% | -8.7% |
| 2001 | 10.8% | +12.7% |
| 2002 | 8.6% | -19.9% |
| 2003 | 8.7% | +1.2% |
| 2004 | 7.8% | -10.3% |
| 2005 | 7.0% | -10.6% |
| 2006 | 19.2% | +175.1% |
| 2007 | 18.2% | -5.3% |
| 2008 | 4.9% | -73.1% |
| 2009 | 3.4% | -31.2% |
| 2010 | 3.3% | -2.9% |
| 2011 | 3.7% | +12.4% |
| 2012 | 4.0% | +8.8% |
| 2013 | 3.5% | -11.4% |
| 2014 | 3.8% | +5.9% |
| 2015 | 4.0% | +5.5% |
| 2016 | 4.6% | +15.3% |
| 2017 | 4.2% | -8.0% |
| 2018 | 4.7% | +10.8% |
| 2019 | 5.1% | +10.2% |
| 2020 | 4.8% | -7.2% |
| 2021 | 7.0% | +47.4% |
| 2022 | 10.3% | +46.9% |
| 2023 | 9.0% | -12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.8% | 5.6% | 19.2% | 10 |
| 2000s | 9.8% | 3.4% | 19.2% | 9 |
| 2010s | 4.1% | 3.3% | 5.1% | 10 |
| 2020s | 7.8% | 4.8% | 10.3% | 4 |
Countries ranked near Ethiopia
- 55 Trinidad and Tobago 9.6% compare
- 56 Bolivia, Plurinational State of 9.5% compare
- 57 Nicaragua 9.2% compare
- 59 Maldives 8.8% compare
- 60 Saint Vincent and the Grenadines 8.8% compare
- 61 Cape Verde 8.8% compare
More public sector data for Ethiopia
- Arms imports 48.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3635 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -95.56 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 48.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 6.98 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0062 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -34.59 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 921.66 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.77 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Ethiopia?
- Interest payments in Ethiopia was 9.0% in 2023, 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 19.2% in 2006.
- What is the lowest interest payments recorded in Ethiopia?
- The lowest recorded value was 3.3% in 2010.
- How does Ethiopia rank for interest payments?
- Ethiopia ranks 58th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Ethiopia?
- Over the last ten years it is up 154.6%. 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 (% of expense). Statizoid updates them automatically from the source API.
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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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.