Interest payments (% of expense) in Ethiopia
Ethiopia: Interest payments (% of expense) 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 (% of expense) 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% |
Ethiopia compared with similar countries
- Ethiopia's 9.0% is above the median for low income countries, which is 9.0%, 1.0× the median. (15 countries reporting)
- Ethiopia's 9.0% is below the median for Sub-Saharan Africa, which is 11.3%, 80% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Interest payments (% of expense) in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +175.1% | 7.0% | 19.2% |
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 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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 63.00 million SIPRI trend indicator values (2025)
- 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)
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.