Net lending (+) / net borrowing (-) in Ethiopia
Ethiopia: Net lending (+) / net borrowing (-) was -1.9% in 2024. ▲ Rising
Net lending (+) / net borrowing (-) in Ethiopia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net lending (+) / net borrowing (-) in Ethiopia stood at -1.9%.
The figure is up 17.2% on the previous year and up 28.5% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Ethiopia peaked at 0.7% in 2012 and was at its lowest, -7.5%, in 2002.
Ethiopia ranks 70th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Net lending (+) / net borrowing (-) in Ethiopia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -6.4% | — |
| 1991 | -5.7% | -10.9% |
| 1992 | -4.6% | -19.3% |
| 1993 | -3.7% | -20.9% |
| 1994 | -5.1% | +38.3% |
| 1995 | -3.0% | -40.2% |
| 1996 | -1.6% | -47.0% |
| 1997 | -1.1% | -30.7% |
| 1998 | -3.0% | +168.0% |
| 1999 | -4.1% | +37.7% |
| 2001 | -4.2% | +2.5% |
| 2002 | -7.5% | +77.5% |
| 2003 | -5.5% | -26.0% |
| 2004 | -3.3% | -39.8% |
| 2005 | -4.5% | +34.8% |
| 2006 | -4.2% | -6.0% |
| 2007 | -2.8% | -34.5% |
| 2008 | -1.9% | -30.3% |
| 2009 | -2.2% | +15.7% |
| 2010 | -2.7% | +23.0% |
| 2011 | -1.3% | -50.6% |
| 2012 | 0.7% | -150.3% |
| 2013 | -1.5% | -327.2% |
| 2014 | -2.7% | +73.0% |
| 2015 | -3.1% | +17.0% |
| 2016 | -3.7% | +17.6% |
| 2017 | -4.6% | +25.8% |
| 2018 | -4.0% | -12.5% |
| 2019 | -2.7% | -32.0% |
| 2020 | -1.8% | -33.7% |
| 2021 | -2.7% | +48.9% |
| 2022 | -4.0% | +46.6% |
| 2023 | -2.3% | -42.1% |
| 2024 | -1.9% | -17.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.8% | -6.4% | -1.1% | 10 |
| 2000s | -4.0% | -7.5% | -1.9% | 9 |
| 2010s | -2.6% | -4.6% | 0.7% | 10 |
| 2020s | -2.5% | -4.0% | -1.8% | 5 |
Countries ranked near Ethiopia
- 67 Sudan -1.7% compare
- 68 Republic of Korea -1.8% compare
- 69 Madagascar -1.9% compare
- 71 Solomon Islands -1.9% compare
- 72 Latvia -2.0% compare
- 73 El Salvador -2.1% 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 net lending (+) / net borrowing (-) in Ethiopia?
- Net lending (+) / net borrowing (-) in Ethiopia was -1.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Ethiopia?
- The highest recorded value was 0.7% in 2012.
- What is the lowest net lending (+) / net borrowing (-) recorded in Ethiopia?
- The lowest recorded value was -7.5% in 2002.
- How does Ethiopia rank for net lending (+) / net borrowing (-)?
- Ethiopia ranks 70th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Ethiopia?
- Over the last ten years it is up 28.5%. The long-run trend across the full record is rising.
- 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 lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.