Primary balance, excluding interest in Ethiopia

Ethiopia: Primary balance, excluding interest was -16.66 billion current LCU in 2011. ◆ Volatile

Latest (2011)
-16.66 billion current LCU
Change on year
down 11.0%
World rank
32nd
of 50 countries
All-time high
35.45 million current LCU
in 1997
All-time low
-16.66 billion current LCU
in 2011
Years of data
35
1976–2011

Primary balance, excluding interest in Ethiopia, 1976–2011

-15.0B-10.0B-5.0B01976199320111976: -327.2M current LCU1977: -218.7M current LCU1978: -440.3M current LCU1979: -237.4M current LCU1980: -496.0M current LCU1981: -418.7M current LCU1982: -562.7M current LCU1983: -1.6B current LCU1984: -675.1M current LCU1985: -957.0M current LCU1986: -848.8M current LCU1987: -732.2M current LCU1988: -697.1M current LCU1989: -1.1B current LCU1990: -1.8B current LCU1991: -1.6B current LCU1992: -1.3B current LCU1993: -1.3B current LCU1994: -1.4B current LCU1995: -823.7M current LCU1996: -1.5B current LCU1997: 35.4M current LCU1998: -645.0M current LCU1999: -2.7B current LCU2000: -5.0B current LCU2001: -2.4B current LCU2002: -4.9B current LCU2003: -4.8B current LCU2004: -2.5B current LCU2005: -5.1B current LCU2006: -6.2B current LCU2007: -7.2B current LCU2008: -9.1B current LCU2010: -15.0B current LCU2011: -16.7B current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 29 Rwanda -9.75 billion current LCU compare
  2. 30 Namibia -13.58 billion current LCU compare
  3. 31 Mauritania -16.01 billion current LCU compare
  4. 33 Morocco -18.93 billion current LCU compare
  5. 34 South Africa -44.68 billion current LCU compare
  6. 35 Kenya -53.68 billion current LCU compare

See the full ranking of 50 places →

More science & technology data for Ethiopia

All data for Ethiopia →

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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CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Primary balance, excluding interest (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,197 data points, 1966–2011
Last refreshed

Primary deficit, excluding interest (current LCU).