🇪🇹 Ethiopia

Public Sector Debt · 2026

Total Debt

48.4%

of GDP

Global Rank

#126

of 192

S&P Rating

CCC

Credit rating

SOE Debt

+7.3%

1 categories

5yr Change

-7pp

improving

Where the Debt Sits

Central Government

Public Corps

Central Government: 41.1%Public Corps: 7.3%

Full Debt Breakdown

Central Government41.1% of GDP

Central GovernmentIMF WEO — General Government Debt

41.1%

Public Corporations7.3% of GDP

SOEs (Ethiopian Electric Power, Railways, Sugar Corp)Birr Metrics / Carnegie~$15B in NPLs at Commercial Bank of Ethiopia. EIH manages 40 SOE companies.

7.3%

Total Corporate Debt11.5% of GDP

NF corporate debt (est.)WB WDI 2008

11.5%

Household Debt6.2% of GDP

Household debt (est.)WB WDI 2008

6.2%

All Layers Total66.1%

Credit Ratings

S&P

CCC

Moody's

Fitch

Data Sources

IMF WEO — General Government Debtgeneral_government · Updated semi_annual

Dec 202641.1% GDP

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