Share of government expenditure going to interest payments in Ethiopia
Ethiopia: Share of government expenditure going to interest payments was 9.03 in 2023. ◆ Volatile
Latest (2023)
9.03
Change on year
down 12.5%
World rank
58th
of 152 countries
All-time high
19.23
in 2006
All-time low
3.27
in 2010
Years of data
33
1990–2023
Share of government expenditure going to interest payments in Ethiopia, 1990–2023
Source: Our World in Data.
Analysis
In 2023, share of government expenditure going to interest payments in Ethiopia stood at 9.03.
Compared with earlier readings it is down 12.5% on the previous year and up 154.6% over ten years.
Over the whole period, share of government expenditure going to interest payments in Ethiopia peaked at 19.23 in 2006 and was at its lowest, 3.27, in 2010.
Ethiopia ranks 58th of 152 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.
Share of government expenditure going to interest payments in Ethiopia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 5.62 | — |
| 1991 | 7.24 | +28.9% |
| 1992 | 9.17 | +26.7% |
| 1993 | 13.44 | +46.5% |
| 1994 | 19.2 | +42.9% |
| 1995 | 14.75 | -23.2% |
| 1996 | 15.55 | +5.4% |
| 1997 | 13.51 | -13.1% |
| 1998 | 10.45 | -22.7% |
| 1999 | 9.54 | -8.7% |
| 2001 | 10.75 | +12.7% |
| 2002 | 8.61 | -19.9% |
| 2003 | 8.72 | +1.2% |
| 2004 | 7.82 | -10.3% |
| 2005 | 6.99 | -10.6% |
| 2006 | 19.23 | +175.1% |
| 2007 | 18.21 | -5.3% |
| 2008 | 4.9 | -73.1% |
| 2009 | 3.37 | -31.2% |
| 2010 | 3.27 | -2.9% |
| 2011 | 3.68 | +12.4% |
| 2012 | 4 | +8.8% |
| 2013 | 3.55 | -11.4% |
| 2014 | 3.76 | +5.9% |
| 2015 | 3.96 | +5.5% |
| 2016 | 4.57 | +15.3% |
| 2017 | 4.21 | -8.0% |
| 2018 | 4.66 | +10.8% |
| 2019 | 5.14 | +10.2% |
| 2020 | 4.77 | -7.2% |
| 2021 | 7.03 | +47.4% |
| 2022 | 10.32 | +46.9% |
| 2023 | 9.03 | -12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.85 | 5.62 | 19.2 | 10 |
| 2000s | 9.85 | 3.37 | 19.23 | 9 |
| 2010s | 4.08 | 3.27 | 5.14 | 10 |
| 2020s | 7.79 | 4.77 | 10.32 | 4 |
Countries ranked near Ethiopia
- 55 Trinidad and Tobago 9.58 compare
- 56 Bolivia, Plurinational State of 9.54 compare
- 57 Nicaragua 9.21 compare
- 59 Maldives 8.84 compare
- 60 Saint Vincent and the Grenadines 8.83 compare
- 61 Cape Verde 8.76 compare
More reference data data for Ethiopia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6564 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 20.69 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 25.11 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.37 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 25.11 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.2 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.1 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 100.94 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.79 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.47 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Ethiopia?
- Share of government expenditure going to interest payments in Ethiopia was 9.03 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Ethiopia?
- The highest recorded value was 19.23 in 2006.
- What is the lowest share of government expenditure going to interest payments recorded in Ethiopia?
- The lowest recorded value was 3.27 in 2010.
- How does Ethiopia rank for share of government expenditure going to interest payments?
- Ethiopia ranks 58th out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Ethiopia?
- Over the last ten years it is up 154.6%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
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