Budget balance — all countries

Budget balance — Ethiopia

Budget balance in Ethiopia in 2031 — -1.5%. Ranked 67 in the world out of 188. Since 1980, the indicator has risen by 1.1 pp.

2031 -1.5% +0 pp vs 2030
World rank 67of 188
Period maximum -0.9%2009
Period minimum -8.9%2000

Trend over time

1980–2031 · % of GDP

Budget balance — Ethiopia, 1980–2031-10-8-6-4-2019801986199219982004201020162022202820311980: -2.6%1981: -2.2%1982: -3.6%1983: -7.6%1984: -3.7%1985: -4.7%1986: -4%1987: -3.5%1988: -3.5%1989: -4.3%1990: -6.9%1991: -6%1992: -4.9%1993: -4.1%1994: -5.4%1995: -2.8%1996: -3.9%1997: -1.8%1998: -3.6%1999: -8.5%2000: -8.9%2001: -3.8%2002: -5.8%2003: -5.6%2004: -2.7%2005: -4.1%2006: -3.8%2007: -3.6%2008: -2.9%2009: -0.9%2010: -1.3%2011: -1.6%2012: -1.2%2013: -1.9%2014: -2.6%2015: -1.9%2016: -2.3%2017: -3.2%2018: -3%2019: -2.5%2020: -2.8%2021: -2.8%2022: -4.2%2023: -2.6%2024: -2%2025: -1.2%2026: -1.8%2027: -1%2028: -1.7%2029: -1.5%2030: -1.5%2031: -1.5%
Change over the period: +1.1 pp Annual average: 0.02 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Ethiopia

Ethiopia -1.5%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Eastern Africa computed -3.73%
Low-income countries computed -2.83%
Budget balance — Ethiopia, by year Ethiopia All countries CSV XLSX
Year % Change, pp
2031 -1.5 +0 pp
2030 -1.5 +0 pp
2029 -1.5 +0.2 pp
2028 -1.7 −0.7 pp
2027 -1 +0.8 pp
2026 -1.8 −0.6 pp
2025 -1.2 +0.8 pp
2024 -2 +0.6 pp
2023 -2.6 +1.6 pp
2022 -4.2 −1.4 pp
2021 -2.8 +0 pp
2020 -2.8 −0.3 pp
2019 -2.5 +0.5 pp
2018 -3 +0.2 pp
2017 -3.2 −0.9 pp
2016 -2.3 −0.4 pp
2015 -1.9 +0.7 pp
2014 -2.6 −0.7 pp
2013 -1.9 −0.7 pp
2012 -1.2 +0.4 pp
2011 -1.6 −0.3 pp
2010 -1.3 −0.4 pp
2009 -0.9 +2 pp
2008 -2.9 +0.7 pp
2007 -3.6 +0.2 pp
2006 -3.8 +0.3 pp
2005 -4.1 −1.4 pp
2004 -2.7 +2.9 pp
2003 -5.6 +0.2 pp
2002 -5.8 −2 pp
2001 -3.8 +5.1 pp
2000 -8.9 −0.4 pp
1999 -8.5 −4.9 pp
1998 -3.6 −1.8 pp
1997 -1.8 +2.1 pp
1996 -3.9 −1.1 pp
1995 -2.8 +2.6 pp
1994 -5.4 −1.3 pp
1993 -4.1 +0.8 pp
1992 -4.9 +1.1 pp
1991 -6 +0.9 pp
1990 -6.9 −2.6 pp
1989 -4.3 −0.8 pp
1988 -3.5 +0 pp
1987 -3.5 +0.5 pp
1986 -4 +0.7 pp
1985 -4.7 −1 pp
1984 -3.7 +3.9 pp
1983 -7.6 −4 pp
1982 -3.6 −1.4 pp
1981 -2.2 +0.4 pp
1980 -2.6

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.