Net incurrence of liabilities, total in Ethiopia
Ethiopia: Net incurrence of liabilities, total was 253.89 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Ethiopia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Ethiopia is 253.89 billion current LCU, measured in 2024.
The figure is down 25.5% on the previous year and up 448.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Ethiopia peaked at 340.90 billion current LCU in 2023 and was at its lowest, 823.50 million current LCU, in 1997.
That places Ethiopia 44th out of 136 countries with data for 2024, putting it 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 | 1.78 billion current LCU | 823.50 million current LCU | 2.61 billion current LCU | 10 |
| 2000s | 19.78 billion current LCU | 2.88 billion current LCU | 49.38 billion current LCU | 9 |
| 2010s | 69.55 billion current LCU | 37.99 billion current LCU | 117.97 billion current LCU | 10 |
| 2020s | 230.79 billion current LCU | 123.78 billion current LCU | 340.90 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 net incurrence of liabilities, total in Ethiopia?
- Net incurrence of liabilities, total in Ethiopia was 253.89 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Ethiopia?
- The highest recorded value was 340.90 billion current LCU in 2023.
- What is the lowest net incurrence of liabilities, total recorded in Ethiopia?
- The lowest recorded value was 823.50 million current LCU in 1997.
- How does Ethiopia rank for net incurrence of liabilities, total?
- Ethiopia ranks 44th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Ethiopia?
- Over the last ten years it is up 448.4%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.