Primary balance, excluding interest in Ethiopia
Ethiopia: Primary balance, excluding interest was -16.66 billion current LCU in 2011. ◆ Volatile
Primary balance, excluding interest in Ethiopia, 1976–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, primary balance, excluding interest in Ethiopia stood at -16.66 billion current LCU. That is the lowest value across all 35 years on record.
That represents a change of down 11.0% on the previous year and down 588.5% over ten years.
Over the whole period, primary balance, excluding interest in Ethiopia peaked at 35.45 million current LCU in 1997 and was at its lowest, -16.66 billion current LCU, in 2011.
That places Ethiopia 32nd out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary balance, excluding interest in Ethiopia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1976 | -327.17 million current LCU | — |
| 1977 | -218.69 million current LCU | -33.2% |
| 1978 | -440.30 million current LCU | +101.3% |
| 1979 | -237.37 million current LCU | -46.1% |
| 1980 | -496.01 million current LCU | +109.0% |
| 1981 | -418.68 million current LCU | -15.6% |
| 1982 | -562.69 million current LCU | +34.4% |
| 1983 | -1.64 billion current LCU | +192.3% |
| 1984 | -675.12 million current LCU | -59.0% |
| 1985 | -956.96 million current LCU | +41.7% |
| 1986 | -848.81 million current LCU | -11.3% |
| 1987 | -732.20 million current LCU | -13.7% |
| 1988 | -697.06 million current LCU | -4.8% |
| 1989 | -1.13 billion current LCU | +62.7% |
| 1990 | -1.78 billion current LCU | +57.2% |
| 1991 | -1.63 billion current LCU | -8.5% |
| 1992 | -1.34 billion current LCU | -17.7% |
| 1993 | -1.31 billion current LCU | -2.1% |
| 1994 | -1.41 billion current LCU | +7.5% |
| 1995 | -823.73 million current LCU | -41.7% |
| 1996 | -1.53 billion current LCU | +85.2% |
| 1997 | 35.45 million current LCU | -102.3% |
| 1998 | -644.95 million current LCU | -1919.4% |
| 1999 | -2.73 billion current LCU | +322.9% |
| 2000 | -5.04 billion current LCU | +84.7% |
| 2001 | -2.42 billion current LCU | -52.0% |
| 2002 | -4.92 billion current LCU | +103.5% |
| 2003 | -4.75 billion current LCU | -3.5% |
| 2004 | -2.55 billion current LCU | -46.4% |
| 2005 | -5.14 billion current LCU | +101.9% |
| 2006 | -6.22 billion current LCU | +20.9% |
| 2007 | -7.21 billion current LCU | +15.9% |
| 2008 | -9.10 billion current LCU | +26.3% |
| 2010 | -15.01 billion current LCU | +64.9% |
| 2011 | -16.66 billion current LCU | +11.0% |
Ethiopia compared with similar countries
- Ethiopia's -16.66 billion current LCU is below the median for low income countries, which is -8.87 billion current LCU, 1.9× the median. (18 countries reporting)
- Ethiopia's -16.66 billion current LCU is below the median for Sub-Saharan Africa, which is -6.36 billion current LCU, 2.6× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Primary balance, excluding interest in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -1919.4% | 35.45 million current LCU | -644.95 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -305.88 million current LCU | -440.30 million current LCU | -218.69 million current LCU | 4 |
| 1980s | -816.68 million current LCU | -1.64 billion current LCU | -418.68 million current LCU | 10 |
| 1990s | -1.32 billion current LCU | -2.73 billion current LCU | 35.45 million current LCU | 10 |
| 2000s | -5.26 billion current LCU | -9.10 billion current LCU | -2.42 billion current LCU | 9 |
| 2010s | -15.84 billion current LCU | -16.66 billion current LCU | -15.01 billion current LCU | 2 |
Countries ranked near Ethiopia
More science & technology data for Ethiopia
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 65.08 (2024)
- Mobile cellular subscriptions by country, per capita 0.6508 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0006 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 85.95 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 68.28 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 8.7 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 11.54 % change on previous year (2024)
- Scientific and technical journal articles 6,728 (2023)
- Scientific and technical journal articles, per capita 0.0001 units per person (2023)
Frequently asked questions
- What is primary balance, excluding interest in Ethiopia?
- Primary balance, excluding interest in Ethiopia was -16.66 billion current LCU in 2011, according to World Bank country economists.
- What is the highest primary balance, excluding interest recorded in Ethiopia?
- The highest recorded value was 35.45 million current LCU in 1997.
- What is the lowest primary balance, excluding interest recorded in Ethiopia?
- The lowest recorded value was -16.66 billion current LCU in 2011.
- How does Ethiopia rank for primary balance, excluding interest?
- Ethiopia ranks 32nd out of 50 countries with data for 2011.
- Is primary balance, excluding interest rising or falling in Ethiopia?
- Over the last ten years it is down 588.5%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from World Bank country economists, published as part of Primary balance, excluding interest (current LCU). Statizoid updates them automatically from the source API.
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About this data
Primary deficit, excluding interest (current LCU).