Net incurrence of liabilities, total in Ethiopia
Ethiopia: Net incurrence of liabilities, total was 2.2% 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 % of GDP.
Analysis
In 2024, net incurrence of liabilities, total in Ethiopia stood at 2.2%.
That represents a change of down 44.9% on the previous year and down 50.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Ethiopia peaked at 22.5% in 2006 and was at its lowest, 1.4%, in 1997.
Ethiopia ranks 88th of 136 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.
Net incurrence of liabilities, total in Ethiopia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 6.8% | — |
| 1991 | 5.6% | -17.3% |
| 1992 | 4.8% | -14.1% |
| 1993 | 4.7% | -2.5% |
| 1994 | 6.4% | +34.7% |
| 1995 | 4.3% | -32.1% |
| 1996 | 2.8% | -35.5% |
| 1997 | 1.4% | -48.4% |
| 1998 | 3.0% | +106.8% |
| 1999 | 4.1% | +37.7% |
| 2001 | 4.2% | +2.5% |
| 2002 | 7.5% | +77.5% |
| 2003 | 5.4% | -27.2% |
| 2004 | 4.8% | -10.9% |
| 2005 | 5.3% | +10.0% |
| 2006 | 22.5% | +322.7% |
| 2007 | 20.8% | -7.4% |
| 2008 | 16.3% | -21.6% |
| 2009 | 14.6% | -10.5% |
| 2010 | 13.3% | -9.2% |
| 2011 | 12.1% | -8.7% |
| 2012 | 8.9% | -26.7% |
| 2013 | 4.4% | -50.6% |
| 2014 | 4.4% | -0.4% |
| 2015 | 4.2% | -3.0% |
| 2016 | 5.0% | +17.0% |
| 2017 | 4.2% | -14.5% |
| 2018 | 4.7% | +10.8% |
| 2019 | 4.4% | -6.5% |
| 2020 | 3.7% | -16.3% |
| 2021 | 4.0% | +8.5% |
| 2022 | 4.3% | +7.2% |
| 2023 | 3.9% | -8.4% |
| 2024 | 2.2% | -44.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.4% | 1.4% | 6.8% | 10 |
| 2000s | 11.3% | 4.2% | 22.5% | 9 |
| 2010s | 6.5% | 4.2% | 13.3% | 10 |
| 2020s | 3.6% | 2.2% | 4.3% | 5 |
Countries ranked near Ethiopia
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 net incurrence of liabilities, total in Ethiopia?
- Net incurrence of liabilities, total in Ethiopia was 2.2% 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 22.5% in 2006.
- What is the lowest net incurrence of liabilities, total recorded in Ethiopia?
- The lowest recorded value was 1.4% in 1997.
- How does Ethiopia rank for net incurrence of liabilities, total?
- Ethiopia ranks 88th 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 down 50.6%. 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 Net incurrence of liabilities, total (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.