Net incurrence of liabilities, total in Ethiopia

Ethiopia: Net incurrence of liabilities, total was 253.89 billion current LCU in 2024. ◆ Volatile

Latest (2024)
253.89 billion current LCU
Change on year
down 25.5%
World rank
44th
of 136 countries
All-time high
340.90 billion current LCU
in 2023
All-time low
823.50 million current LCU
in 1997
Years of data
34
1990–2024

Net incurrence of liabilities, total in Ethiopia, 1990–2024

0100.0B200.0B300.0B1990200720241990: 1.8B current LCU1991: 1.6B current LCU1992: 1.5B current LCU1993: 1.8B current LCU1994: 2.6B current LCU1995: 2.1B current LCU1996: 1.5B current LCU1997: 823.5M current LCU1998: 1.6B current LCU1999: 2.4B current LCU2001: 2.9B current LCU2002: 5.0B current LCU2003: 4.0B current LCU2004: 4.2B current LCU2005: 5.7B current LCU2006: 29.9B current LCU2007: 36.1B current LCU2008: 40.9B current LCU2009: 49.4B current LCU2010: 51.2B current LCU2011: 62.4B current LCU2012: 66.3B current LCU2013: 38.0B current LCU2014: 46.3B current LCU2015: 54.9B current LCU2016: 77.6B current LCU2017: 77.6B current LCU2018: 103.2B current LCU2019: 118.0B current LCU2020: 123.8B current LCU2021: 172.7B current LCU2022: 262.7B current LCU2023: 340.9B current LCU2024: 253.9B current LCU

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.

Net incurrence of liabilities, total in Ethiopia, year by year

Annual values for Net incurrence of liabilities, total (current LCU) in Ethiopia, 1990 to 2024.
Year current LCU Change
1990 1.76 billion current LCU
1991 1.61 billion current LCU -8.5%
1992 1.46 billion current LCU -9.4%
1993 1.83 billion current LCU +25.1%
1994 2.61 billion current LCU +43.1%
1995 2.13 billion current LCU -18.7%
1996 1.55 billion current LCU -27.3%
1997 823.50 million current LCU -46.7%
1998 1.64 billion current LCU +99.4%
1999 2.43 billion current LCU +48.0%
2001 2.88 billion current LCU +18.5%
2002 5.00 billion current LCU +73.7%
2003 4.02 billion current LCU -19.6%
2004 4.23 billion current LCU +5.2%
2005 5.71 billion current LCU +35.1%
2006 29.86 billion current LCU +422.6%
2007 36.11 billion current LCU +20.9%
2008 40.85 billion current LCU +13.1%
2009 49.38 billion current LCU +20.9%
2010 51.20 billion current LCU +3.7%
2011 62.38 billion current LCU +21.8%
2012 66.32 billion current LCU +6.3%
2013 37.99 billion current LCU -42.7%
2014 46.30 billion current LCU +21.9%
2015 54.94 billion current LCU +18.7%
2016 77.64 billion current LCU +41.3%
2017 77.58 billion current LCU -0.1%
2018 103.17 billion current LCU +33.0%
2019 117.97 billion current LCU +14.3%
2020 123.78 billion current LCU +4.9%
2021 172.71 billion current LCU +39.5%
2022 262.67 billion current LCU +52.1%
2023 340.90 billion current LCU +29.8%
2024 253.89 billion current LCU -25.5%

Ethiopia compared with similar countries

  • Ethiopia's 253.89 billion current LCU is below the median for low income countries, which is 386.99 billion current LCU, 66% of the median. (14 countries reporting)
  • Ethiopia's 253.89 billion current LCU is above the median for Sub-Saharan Africa, which is 126.91 billion current LCU, 2.0× the median. (33 countries reporting)

Biggest year-on-year movements

Years where Net incurrence of liabilities, total 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.

YearChange FromTo
2006 +422.6% 5.71 billion current LCU 29.86 billion current LCU

Averages by decade

DecadeAverage LowestHighest 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

  1. 41 Armenia 399.87 billion current LCU compare
  2. 42 Togo 321.48 billion current LCU compare
  3. 43 Nepal 303.12 billion current LCU compare
  4. 45 Serbia 251.76 billion current LCU compare
  5. 46 Dominican Republic 208.08 billion current LCU compare
  6. 47 United Kingdom 203.14 billion current LCU compare

See the full ranking of 136 places →

More public sector data for Ethiopia

All data for Ethiopia →

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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Net incurrence of liabilities, total in Ethiopia. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 23 September 2026, from https://public-sector.statizoid.com/stat/net-incurrence-of-liabilities-total-current-lcu/ethiopia/

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About this data

Indicator
Net incurrence of liabilities, total (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 2,974 data points, 1972–2024
Last refreshed

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.