Ethiopia - General government net debt in % of GDP

35.7 (%) in 2023

General government net debt (% of GDP) of Ethiopia sank by 19.89% from 44.6 % in 2022 to 35.7 % in 2023. Since the 0.72% growth in 2021, general government net debt (% of GDP) plummeted by 29.15% in 2023.

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What is general government net debt (% of GDP)?

Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.

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What is Ethiopia general government net debt (% of GDP)?