Ethiopia Government net lending/borrowing in Ethiopia

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: -1.8% 2027: -1.0% 2028: -1.7% 2029: -1.5% 2030: -1.5% 2031: -1.5%
-8.5 (1999) ANUAL · % of GDP · Annual · CSV
Period% of GDP
Jan 1999 -8.5
Jan 1998 -3.6
Jan 1997 -1.8
Jan 1996 -3.9
Jan 1995 -2.8
Jan 1994 -5.4
Jan 1993 -4.1
Jan 1992 -4.9
Jan 1991 -6.0
Jan 1990 -6.9

About this indicator

Source
International Monetary Fund
Frequency
Annual
Release
Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.
What it is
Ethiopia's government deficit (net borrowing) is the negative balance of the general government accounts when spending exceeds revenue over a year; when revenue exceeds spending there is a surplus. It is usually expressed as a share of GDP.
How it's calculated
Calculated as the difference between total revenue and non-financial spending of general government over the period, following national accounting standards. The outcome is set against GDP to obtain the ratio.
Market implications
The deficit drives the government's borrowing needs and the path of public debt. It is a key gauge of budgetary discipline and of the terms of multilateral financing programmes in a developing economy.
Limitations
It is a low-frequency figure subject to revision. It is worth distinguishing the headline balance from the primary balance (which excludes debt interest) and from the cyclical component tied to the economic cycle.