Prices & public finance · Sub-Saharan Africa · Low income
Ethiopia: prices, money and public finance
Inflation is 13.2% (2025), 17th of 180 in the world and 10th of 44 in Sub-Saharan Africa. GDP deflator is 16.7% (2025), 16th of 209 in the world and 6th of 46 in Sub-Saharan Africa. Lending rate is 8.0% (2008).
Inflation
EthiopiaSub-Saharan AfricaLow incomeWorld
GDP deflator
EthiopiaSub-Saharan AfricaLow incomeWorld
14 indicators
Prices & public finance: Ethiopia in detail
Latest reported value, world rank and rank within Sub-Saharan Africa; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 13.2%2025 | 17/180 | 10/44 | 0.7% | 8.1% | 20.4% | +3.7 ppsince 2015 | 3.4% | 4.4% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 16.7%2025 | 16/209 | 6/46 | 6.8% | 1.4% | 18.3% | +5.8 ppsince 2015 | 4.1% | 6.3% | 3.3% | |
| Lending rateLending interest rate, % | 8.0%2008 | — | — | 10.9% | 8.0%2008 | · | −2.5 ppsince 1998 | — | — | — | |
| Real interest rateReal interest rate, % | -17.1%2008 | — | — | 3.8% | -17.1%2008 | · | −27.8 ppsince 1998 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 82.602024 | 72/210 | 31/47 | 8.22 | 14.41 | 34.93 | +322%since 2014 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 3.4%2024 | 138/142 | 31/32 | 8.1%2001 | 8.2% | 6.2% | −5.4 ppsince 2014 | — | 9.9% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 4.1%2024 | 140/142 | 31/32 | 11.8%2001 | 10.8% | 7.1% | −5.7 ppsince 2014 | — | 11.4% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 6.1%2023 | 141/142 | 32/32 | 14.5%2001 | 12.5% | 8.4% | −4.1 ppsince 2013 | — | 13.9% | 28.5% | |
| Government debtCentral government debt, % of GDP | 31.4%2019 | 61/78 | 9/15 | 83.5%1999 | · | 31.4%2019 | −52.0 ppsince 1999 | — | — | — | |
| External debtExternal debt stocks, % of GNI | 24.3%2022 | 98/119 | 38/43 | 67.4% | 24.4% | 30.2% | ±0.0 ppsince 2012 | — | 42.2% | — | |
| Private creditDomestic credit to private sector, % of GDP | 17.7%2008 | — | — | 17.6% | 17.7%2008 | · | +1.9 ppsince 1998 | 31.7% | 12.6% | 140.3% | |
| Broad moneyBroad money, % of GDP | 34.0%2008 | — | — | 34.6% | 34.0%2008 | · | +1.2 ppsince 1998 | 42.6% | 22.6% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 1.82024 | 137/165 | 25/32 | 2.6 | 2.7 | 2.0 | −23%since 2014 | 6.1 | 3.3 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.49%2025 | 145/156 | 42/45 | 7.69% | 1.11% | 0.47% | −0.2 ppsince 2015 | 1.13% | 1.57% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Government debt−52.0 pp31.4% in 2019
Worse than ten years ago
- Inflation+3.7 pp13.2% in 2025
- Reserves, months of imports−23%1.8 in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Ethiopia and its neighbours
Countries sharing a land border with Ethiopia. Latest values since 2005; the highest in each row is marked.
| Indicator | Ethiopia | Kenya | Sudan | Somalia | South Sudan | Eritrea |
|---|---|---|---|---|---|---|
| Inflation | 13.2%2025 | 4.1%2025 | 138.8%2022 | — | 91.4%2024 | — |
| GDP deflator | 16.7%2025 | 3.5%2025 | 65.9%2025 | 12.9%2025 | 17.7%2015 | 19.5%2011 |
| Lending rate | 8.0%2008 | 16.6%2024 | — | — | 14.3%2025 | — |
| Real interest rate | -17.1%2008 | 13.0%2024 | — | — | -55.0%2025 | — |
| Exchange rate | 82.602024 | 129.302025 | 546.762022 | 23,097.992017 | 2,163.102024 | 15.072025 |
| Tax revenue | 3.4%2024 | 14.1%2023 | 7.4%2016 | 2.2%2024 | — | — |
| Government revenue | 4.1%2024 | 18.6%2023 | 8.8%2016 | 3.1%2024 | — | — |
| Government expense | 6.1%2023 | 27.8%2023 | 9.7%2016 | 6.3%2023 | — | — |
| Government debt | 31.4%2019 | — | — | 12.7%2024 | — | — |