Budget balance in relation to GDP in Ethiopia 1980-2030

The budget balance in relation to the gross domestic product (GDP) in Ethiopia was estimated at about -1.99 percent in 2024. From 1980 to 2024, the budget balance rose by approximately 0.57 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the budget balance will rise by around 0.44 percentage points, showing an overall upward trend with periodic ups and downs.

The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.