Federal Budget & Public Debt
Federal budget totals, major allocations, and public debt stock by Ethiopian fiscal year — re-presented from official MoF/NBE publications.
Covers 2010EC–2019EC · expenditure complete for all 10 years · revenue, deficit and debt partial · USD converted at NBE fiscal-year-end reference rates (2019EC is in progress — converted at current spot ~160.8).
Show amounts in
Total expenditure · 2019EC
Total revenue & grants
Budget deficit
Debt service · 2019EC
External debt
- · 2014EC: Total public & publicly guaranteed debt at end-2021/22 (IMF Article IV).
- · 2015EC: Total public & publicly guaranteed debt at end-2022/23 (IMF Article IV).
- · 2016EC: Total public & publicly guaranteed debt at end-2023/24 (IMF Article IV).
- · 2017EC: MoF citizens' budget EFY2017 states the deficit as Birr 358.5B (2.06% of GDP); the 374.7B above is the UNICEF budget-brief figure.
- · 2018EC: MoF fiscal-deficit target for EFY2018 (citizens' budget); published deficit of 417B implies a higher outturn if realized.
- · 2019EC: Overall fiscal deficit incl. principal debt repayments; excluding principal repayments (214B) ≈ 1.4% of GDP (MoF, June 2026).
All fiscal years
Budget totals and public debt per Ethiopian fiscal year — USD converted at each year's NBE reference rate.
| Fiscal year | ETB per USD | Total revenue & grants | Total expenditure | Revised (incl. supplementary) | Budget deficit | Deficit (% of GDP) | Domestic debt | Public debt (% of GDP) | External debt (USD, as published) |
|---|---|---|---|---|---|---|---|---|---|
| 2010EC2017/18 | 27.3 | — | ETB 320.81B$ 11.75B | — | — | — | — | — | — |
| 2011EC2018/19 | 29.0 | — | ETB 346.95B$ 11.96B | — | — | — | — | — | — |
| 2012EC2019/20 | 34.8 | — | ETB 386.9B$ 11.12B | — | — | — | — | — | — |
| 2013EC2020/21 | 43.9 | — | ETB 476B$ 10.84B | — | ETB 126B$ 2.87B | — | — | — | — |
| 2014EC2021/22 | 52.0 | — | ETB 561.67B$ 10.8B | — | — | — | — | 48.9% | — |
| 2015EC2022/23 | 54.9 | ETB 478B$ 8.71B | ETB 786.61B$ 14.33B | — | ETB 309B$ 5.63B | — | — | 40.2% | — |
| 2016EC2023/24 | 57.0 | ETB 520.6B$ 9.13B | ETB 801.65B$ 14.06B | — | ETB 281B$ 4.93B | — | ETB 2.29T$ 40.18B | 34.8% | $ 28.8B |
| 2017EC2024/25 | 138.0 | ETB 596.5B$ 4.32B | ETB 971.2B$ 7.04B | ETB 1.44T$ 10.41B | ETB 374.7B$ 2.72B | 2.06% | ETB 2.5T$ 18.12B | — | — |
| 2018EC2025/26 | 158.5 | ETB 1.5T$ 9.46B | ETB 1.93T$ 12.18B | — | ETB 417B$ 2.63B | 1% | ETB 2.9T$ 18.3B | — | $ 33.5B |
| 2019EC2026/27 | 160.8 | ETB 1.82T$ 11.3B | ETB 2.34T$ 14.55B | — | ETB 522.72B$ 3.25B | 2.36% | — | — | — |
USD conversions use NBE fiscal-year-end reference rates (see ETB/USD column). 2019EC is an in-progress year converted at the current spot rate.